Crosslink Capital, Inc. (“Crosslink”) was recently informed that someone or an organization has been impersonating it and one or more of its employees on the mobile application WhatsApp.
Crosslink does not market its services and Crosslink and its employees do not provide investment advice through WhatsApp or any similar social media messaging application, and anyone who does so purporting to act in Crosslink’s name or the name of any of its employees is not in any way connected to Crosslink or Crosslink Capital Management, LLC. Crosslink employees provide investment advice only through Crosslink. Crosslink provides investment advice only to investment funds or clients, in each case, with whom it has entered into a written contract. Crosslink does not provide investment or other advice to non-clients.
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December 06, 2018
Morning Markets: Here’s the latest from the still-hot Utah tech scene. It’s having a big 2018.
Weave, a company that sells software to medical verticals that helps handle customer work, announced Thursday that it raised $37.5 million in a Series C funding round led by Lead Edge Capital.
The Utah-based technology startup had raised $37.6 million previously, according to Crunchbase data, making this round an effective doubling of its life-to-date capital base. Prior investors include Crosslink Capital and Catalyst Investors.
The round itself is almost what I would call a standard, 2018-era Series C, but the company is interesting for a few reasons.
First, it disclosed that its revenue growth is accelerating. In 2017, Weave’s “growth rate,” according to itself, was 55 percent. That expanded to 100 percent in 2018, and the company told Crunchbase News in an email that it expects to double its headcount next year. Read rest here.