Crossloop Gets $6 Million Second Round For Peer-Based Tech Support

This story was written by Joseph Weisenthal.
Crossloop, a provider of a peer-based tech-support marketplace, has raised a $6 million second round led by Venrock. Also participating was El Dorado Ventures, which lead an initial $3 million first round, bringing its total amount raised to $9 million. The Campbell, CA-based company offers a desktop-based app which connects individuals and small businesses with tech support contacts. Conceptually, it seems similar to various "rent-a-coder" type servicesmarketplaces for general technical work. Funding will go towards standard stuff: product development, sales and marketing. Release.

By Joseph Weisenthal
  • CBSNews



Live Video

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.