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CrossLoop

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P2p downloadable application that allows users to connect remotely to another pc

Monterey Park, United StatesFounded 2006Edtech
Valuation $0–100M Latest valuation · 2011
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About CrossLoop

Founded in 2006, CrossLoop operated as a remote desktop and IT support services company based in Monterey, California. The firm developed a platform centered around secure, peer-to-peer screen-sharing software, designed to connect consumers and small businesses with a global network of technology support professionals. CrossLoop's core product was a downloadable application that enabled users to remotely access another computer for technical assistance, training, or collaboration. This was facilitated by a 128-bit Blowfish encryption algorithm to ensure data security during sessions.

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The company's business model was multifaceted, featuring a tiered product offering. This included a free version for basic screen-sharing, alongside subscription-based products, CrossLoop Pro and CrossLoop Remote Access, which provided advanced tools for customer management and remote access. A significant component of its strategy was the CrossLoop Marketplace, an online portal where individuals and businesses could find and procure on-demand IT support from a curated network of experts. To build its technology and scale operations, CrossLoop secured a total of $10.5 million in funding over three rounds, including a Series A in 2007 and a Series B in 2008, with backing from venture capital firms Venrock and El Dorado Ventures.

CrossLoop's trajectory culminated in its acquisition by AVG Technologies in July 2012. Following the acquisition, the platform continued to operate for a period. However, on January 31, 2014, AVG Technologies made a business decision to shut down the crossloop.com website and all associated services, marking the end of the company's operations. Keywords: remote desktop, screen sharing, IT support marketplace, remote access software, peer-to-peer support, technical assistance, help marketplace, CrossLoop Pro, AVG Technologies acquisition, Venrock, El Dorado Ventures, online tech support, remote collaboration, desktop sharing, IT services on-demand

Source: Dealroom company data

At a glance

Founded
2006
Headquarters
Monterey Park, United States
Sector
Edtech

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Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Team profiled 10 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

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1 countries with
team presence
🇬🇧 United Kingdom16.7%
1 country shown

Market sentiment

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