Wednesday, January 30, 2008

Crosslink Closes $400M Fifth Fund

San Francisco-based venture capital firm Crosslink Capital said this morning that it has closed its fifth fund, Crossover Fund V, L.P., at $400M. According to Crosslink, the new venture fund brings the company's total capital under management to more than $1.4 billion. CrossLink said the fund will be used to invest in both public and private companies in alternative energy, core technology, communication services and Internet services sectors.