Friday, November 9, 2012

Crossbeam Acquired by Private Equity Firm

Crossbeam Systems has been acquired by Thoma Bravo, a private equity firm, for an undisclosed sum.  Crossbeam’s current senior management team will continue to manage the company. Crossbeam is best known for its X-Series network security platform or network operators.  The company is based in Boxborough, Mass. and has more than 200 employees worldwide. Thoma Bravo currently manages a series of private equity funds representing almost...

Google Venture Fund Boosted to $300 Million/Year

Google announced a 50% increase in the size of the Google Ventures fund to $300 million in new investments per year.  The company now has over 130 start-ups in its portfolio. http://www.googleventures....