Tuesday, May 08, 2007

Crossbeam Raises $21 Million in Venture Capital Round - Boxborough, MA

Crossbeam Systems, a Boxborough-based provider of threat management technology for IT networks, has raised $21 million in a venture capital deal led by Boston-based Tudor Investment Corp. Other investors in the deal include Charles River Ventures, Commonwealth Capital Venture Partners, Focus Ventures, Intel Capital, Matrix Partners, North Bridge Venture Partners and Tudor Ventures. Founded in 2000, Crossbeam offers security technology to corporations, carrier networks and small to medium-sized businesses from a variety of vendors.



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