Global Crossing Ventures

investment firm

About

Global Crossing Ventures potential to significantly impact the Internet or communications sectors.

Details

Industries
Financial Services
Founded date
Jan 1, 1999
Operating Status
Active
Investor Type
Venture Capital

Global Crossing Ventures, Inc. focuses its investment strategy on entrepreneurs whose services, equipment, or applications have the potential to significantly impact the Internet or communications sectors. They have a special interest in companies facilitating the convergence of the two. They prefer development-stage investments in companies whose primary target market is commercial, particularly the carrier market. Through their relationship with Global Crossing Ventures, Inc., their portfolio companies gain unrestricted access to a wide range of resources - through both the Global Crossing Ventures team and their parent company, Global Crossing. Essential to the success of a high-potential enterprise, these resources include strategic sales and marketing, engineering and product development, business planning and analysis, and financial expertise.

Investments

Number of Investments
Number of Lead Investments
6
0
Global Crossing Ventures has made 6 investments. Their most recent investment was on Nov 9, 2000, when Pluris raised $100M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 9, 2000 Pluris
Series D $100M Information Technology
Oct 16, 2000 Villagenetworks
Series B $40M Information Technology
Jun 21, 2000 Granite Systems
Private Equity(PE) $20M Service Industry
May 14, 2000 Cereva Networks
Series B $58.50M Content
Series Unknown $16.50M E-Commerce

Exits

Global Crossing Ventures has had 2 exits. Global Crossing Ventures most notable exits include Granite Systems ,   Sonus Networks

Date Company Name Exit Type Industry
May 5, 2004 Granite Systems M&A Service Industry Detail
Jun 2, 2000 Sonus Networks IPO Communications Infrastructure Detail