/Companies

Crossbar

Santa Clara, US · Founded 2010 · 67 employees on LinkedIn · 6 known investors

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CrossBar develops ReRAM-based semiconductor technology and secure silicon architectures, including its DARIC secure processing unit that integrates compute, cryptographic acceleration, and ReRAM memory on a single chip. The company applies this to open-source, verifiable hardware wallets and on-device multi-party computation (MPC) for cryptographic key management.

Founders & leadership

Crossbar was founded in 2010 by George Minassian, Hagop Nazarian, and Sung Hyun Jo.

GMGeorge Minassian
George MinassianCo-founder · CEO2010–2020
HNHagop Nazarian
Hagop NazarianSr. Vice President, Cofounder & Fellow2010–2023Hagop Nazarian is a co-founder and former SVP at Crossbar, where he spent 13 years developing ReRAM technology and leading engineering teams, and previously held VP-level roles at Spansion and Micron Technology, where he oversaw NAND design initiatives including the company's first 90nm NAND device.
SHSung Hyun Jo
Sung Hyun JoFounder & CTOSung Hyun Jo is Founder and CTO of CrossBar, a semiconductor company developing ReRAM-based secure processing architectures. With 15+ years of experience in memory technologies, neuromorphic systems, and hardware/software security, he holds numerous patents and publications in semiconductor design, cryptography, and systems security.
AD
Anne DormanConsulting CFO
MDMark Davis
Mark DavisCEOMark Davis is a semiconductor engineer who founded VIA Telecom, which shipped over 130 million cellular chipsets before its acquisition by Intel in 2015. He subsequently worked in cellular systems and helped establish the ACJA, and now leads CrossBar, which develops resistive RAM-based semiconductors and secure processing architectures.
EWElaine Wang
Elaine WangCBOElaine Wang holds a Ph.D. in biomedical sciences from Columbia and Stanford, and has worked as an entrepreneur, startup advisor, and impact investor focused on sustainable development goals.

Board

TW
Tim WilsonBoard director
WY
Wijie YunBoard director
LY
Lei YangBoard director
WHWen Hsieh
Wen HsiehBoard directorFounding Managing Partner at Matter Venture Partners
STSubodh Toprani
Subodh TopraniBoard Member2015–2021General Partner at Impact India Investment Partners

Investors · 6

Funding

SEC filings, press & company announcements

$112.9M disclosed across 6 of 8 rounds · 2012–2023

▶$5.2MraisedJan 2024 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shicheng WeiExecutive Officer
  • Weijie YunDirector
  • Ker ZhangExecutive Officer, Director
  • Lei YangDirector
  • Sherman WanExecutive Officer
  • Amit ShahDirector
  • Brian LiExecutive Officer
  • Wen HsiehDirector
  • Mark DavisExecutive Officer
Offering amount
$5.2M
Amount sold
$5.2M
First sale
Nov 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.1MraisedAug 2019 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ker ZhangDirector
  • Weijie YunDirector
  • Lei YangDirector
  • Tim WilsonDirector
  • Wen HsiehDirector
  • Nabeel SubainatiExecutive Officer
  • Hagop NazarianExecutive Officer
  • George MinassianExecutive Officer, Director
  • Subodh TopraniDirector
Offering amount
$25M
Amount sold
$20.1M
First sale
Aug 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15.4MraisedNov 2018 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim WilsonDirector
  • Lei YangDirector
  • George MinassianExecutive Officer, Director
  • Anne DormanExecutive Officer
  • Hagop NazarianExecutive Officer
  • Subodh TopraniDirector
  • Weijie YunDirector
  • Wen HsiehDirector
Offering amount
$22M
Amount sold
$15.4M
First sale
Nov 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$14.5MraisedOct 2017 · 19 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lei YangDirector
  • Hagop NazarianExecutive Officer
  • George MinassianExecutive Officer, Director
  • Subodh TopraniDirector
  • Wen HsiehDirector
  • Weijie YunDirector
  • Anne DormanExecutive Officer
  • Tim WilsonDirector
Offering amount
$15M
Amount sold
$14.5M
First sale
Sep 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$34.2MraisedSep 2015 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim WilsonDirector
  • George MinassianExecutive Officer, Director
  • Hagop NazarianExecutive Officer
  • Wijie YunDirector
  • Lei YangDirector
  • Subodh TopraniDirector
  • Anne DormanExecutive Officer
  • Wen HsiehDirector
Offering amount
$35M
Amount sold
$34.2M
First sale
Aug 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$23.5MraisedMar 2014 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • George MinassianExecutive Officer, Director
  • Lei YangDirector
  • Hagop NazarianExecutive Officer
  • Wen HsiehDirector
  • Subodh TopraniDirector
  • Tim WilsonDirector
  • Anne DormanExecutive Officer
Offering amount
$25.5M
Amount sold
$23.5M
First sale
Mar 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Crossbar do?
CrossBar develops ReRAM-based semiconductor technology and secure silicon architectures, including its DARIC secure processing unit that integrates compute, cryptographic acceleration, and ReRAM memory on a single chip. The company applies this to open-source, verifiable hardware wallets and on-device multi-party computation (MPC) for cryptographic key management.
Who founded Crossbar?
Crossbar was founded by George Minassian, Hagop Nazarian, Sung Hyun Jo in 2010.
Who are Crossbar's investors?
Crossbar's investors include Correlation Ventures, Kleiner Perkins, Tyche Partners, Artiman Ventures, Matter Venture Partners, Northern Light Venture Capital.
How much funding has Crossbar raised?
Crossbar has disclosed $112.9M raised across 6 of its 8 known rounds.
Where is Crossbar headquartered?
Crossbar is headquartered in Santa Clara, US.