Stealthy Start-Up Crossbar Raised $20.5 Million

In a SEC Form D, we discovered that a company named Crossbar, Inc. raised $20.5 million of a $21 million round.

The company, based in Santa Clara, CA, got previous investments from Correlation Ventures, with additional funding from Artiman Ventures, Kleiner Perkins Caufield & Byers and Northern Light Venture Capital

Apparently born in 2008, the start-up in stealth mode only stated on its web site that it is "focused on delivering solutions that will dramatically enhance the global memory storage industry."

Its CEO since around three years is George Minassian who was previously VP engineering at Spansion.