Crosslink Capital, headquartered in Menlo Park, Calif., has successfully concluded its tenth flagship fund, securing $350 million in commitments. This milestone solidifies the firm's position as a prominent player in venture capital, focusing on early-stage investments across enterprise, consumer, and vertical technology sectors. Notably, this latest fund mirrors the size of its predecessor, which closed at the same amount in January 2021, propelling Crosslink's assets under management (AUM) beyond $4.6 billion.
One of Crosslink's key strategies is its Alpha initiative, established in 2005, which boasts an exclusive network of over 2,000 founders, CEOs, investors, and operators. With the closing of the Crosslink Ventures X fund, the firm is poised to continue its mission of identifying and nurturing promising startups, leveraging its extensive network and expertise in the venture ecosystem. This achievement underscores Crosslink's commitment to fostering innovation and driving growth within the startup landscape.