Venture • Media

Crosslink Capital Invests In Bleacher Report

On December 20, 2010, growth capital firm Crosslink Capital invested in media company Bleacher Report

Investment Context
  • This is Crosslink Capital’s 2nd transaction in the Media sector.
  • This is Crosslink Capital’s 35th transaction in the United States.
  • This is Crosslink Capital’s 25th transaction in California.
Investment Fate
  • Bleacher Report was sold to a strategic buyer in 2012 for 200M USD.

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Investment Summary

Date December 20, 2010
Target Bleacher Report
Sector Media
Investor(s) Crosslink Capital
Deal Type Venture

Target Company

Bleacher Report

San Francisco, California, United States
Bleacher Report is a digital destination for team-specific sports content and real-time event coverage and is one of the fastest-growing digital properties in the U.S. Bleacher Report is based in San Francisco, California.
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Investor Overview 1

Investor

Crosslink Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Crosslink Capital is a growth-oriented investment firm focused on technology companies. Crosslink's typically invests in early-stage companies, however, the Firm will consider opportunities at every stage, from seed to pre-IPO to PIPE offerings. Sectors of interest include communications/infrastructure services, core technology, semiconductors, internet, and software. Crosslink Capital is based in San Francisco, California.


Deal Context for Investor #
Overall 35 of 76
Sector: Media 2 of 3
Type: Venture 30 of 69
State: California 25 of 53
Country: United States 35 of 76
Year: 2010 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-20 SiOnyx

Beverly, Massachusetts, United States

SiOnyx is commercializing a patented semiconductor process that dramatically enhances the infrared sensitivity of silicon-based photonics. As a result, SiOnyx’s Black Silicon platform represents a significant breakthrough in the development of smaller, lower cost, higher performance photonic devices. SiOnyx was founded in 2006 and is based in Beverly, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-21 DevonWay

San Francisco, California, United States

DevonWay provides SaaS products with reliable, robust functionality based on best practices for organizations in regulated, high-risk industries. DevonWay is also unusually flexible and configurable. DevonWay was founded in 2005 and is based in San Francisco, California.

Buy -