VC-backed Crossbar hires VP of sales

Crossbar has hired Ron Richter as vice president of sales. Previously, Richter worked at Silicon Image where he served as senior director of business development. Based in Santa Clara, Calif., Crossbar is a provider of RRAM technology. Its backers include Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital, SAIF Partners, CBC-Capital and Tao Venture Capital Partners.

Crossbar nabs $25 mln Series C funds

Crossbar has secured $25 million in Series C funding. The investors included Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital, the University of Michigan, SAIF Partners, Korea Investment Partners, CBC-Capital and Tao Venture Capital Partners. Based in Santa Clara, Calif., Crossbar is a provider of RRAM technology.

Crossbar Raises $20.6M, Filing Says

Crossbar has raised $20.59 million, according to a filing with the Securities and Exchange Commission. The memory chip maker, which has backing from Kleiner Perkins Caufield & Byers, Artiman Ventures, Northern Light Venture Capital and the University of Michigan, had set out to raise $21 million, the filing said. Another $445,000 of equity remains to be sold.

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