Weave wraps up $15.5 mln in round led by Crosslink


Luhi, Utah-based Weave, a provider of a unified communication platform for small and medium businesses, announced it has raised $15.5 million in a Series B round of funding led by Crosslink Capital. Also participating in the round are Pelion Ventures, Peak CapitalA Capital, Y Combinator, Initialized Capital and individual investors Geoff Ralston and Joe Montana. The company has now raised $22 million in total funding. As part of the latest round, David Silverman, partner at Crosslink Capital, and Blake Modersitzki, managing director at Pelion Capital, have joined the board.