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.

Northern Light Venture Capital, a China-focused VC firm, has promoted Elton Jiang to managing director and Lixin Li to venture partner.

BNP Paribas Investment Partners has acquired a minority equity stake in Northern Lights Ventures, a Tacoma, Wash.-based private equity firm focused on the money management industry. No financial terms were disclosed.

Northern Lights Ventures has acquired a minority equity stake in Seizert Capital Partners, a Birmingham, Mich.-based investment management firm. No financial terms were disclosed.