Fundraising Fox

Crossbar

Santa Clara, US · 3 known investors

crossbar-inc.com ↗

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.

Crypto & Web3HardwareSemiconductorsin /crossbar-inc@crossbar_inc

Founders & leadership

GM
George MinassianCo-founder
HN
Hagop NazarianCo-founder
SHSung Hyun Jo
Sung Hyun JoFounder & CTO
AD
Anne DormanExecutive
MDMark Davis
Mark DavisCEO
EWElaine Wang
Elaine WangCBO

Board

TW
Tim WilsonBoard director
WY
Wijie YunBoard director
LY
Lei YangBoard director
WH
Wen Hsiehin𝕏Board directorFounding Managing Partner at Matter Venture Partners
ST
Subodh TopraniBoard director

Investors · 3

Correlation VenturesSan Francisco · $100K – $4M
Tyche PartnersLos Altos · $1M – $10M
Matter Venture PartnersreportedSilicon Valleyvia Wen Hsieh · board

Reported raises · per SEC filings

Form D private placements

$112.9M disclosed across 6 rounds · 2014–2023

▶$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.

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.
Who are Crossbar's investors?
Crossbar's investors include Correlation Ventures, Tyche Partners, Matter Venture Partners.
How much funding has Crossbar raised?
Crossbar has disclosed $112.9M raised across 6 rounds.
Where is Crossbar headquartered?
Crossbar is headquartered in Santa Clara, US.