Tuesday, December 4, 2007

CrossLoop Raises $3M

Pacific Grove-based Crossloop, a company develop desktop sharing software, said Tuesday that it has raised $3M in a Series A funding round. The round came from El Dorado Ventures. CrossLoop said that Tom Peterson, General Partner at El Dorado, joins the firm's board as part of the funding. CrossLoop is developing a service which allows people to have their contacts work remotely with trusted contacts; the service is targeted at technical assistance and troubleshooting of computer problems. More information »