Matrix

Matrix is a San Francisco based venture capital firm founded in 1977 that backs early-stage companies across AI, B2B, consumer, fintech, health tech, and infrastructure. It works with product teams from idea through Series A, offering hands-on support and strategic guidance to help portfolio companies reach scale. The team comprises former founders and operators who bring practical insight to building startups. Matrix operates globally, including Matrix Partners China, which builds long-term relationships with entrepreneurs in China and abroad and invests across sectors and stages. Over its history, Matrix has backed companies that progressed to IPOs or acquisitions, reflecting a focus on durable growth and long-term value creation through close founder collaboration and a global network.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Investor

Past deals in Louisiana

Postmates

Series C in 2015
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Postmates

Series B in 2014
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Postmates

Seed Round in 2011
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

LiveVault

Series C in 2004
LiveVault Corporation, founded in 1993 and based in Los Angeles, California, specializes in providing cloud-based data backup and recovery solutions tailored for companies and organizations across North America. The company offers a range of services including offsite protection combined with local backup, web-based access to protected data, agentless backup across multiple LAN-connected systems, and mirrored data centers to ensure recoverability. LiveVault's solutions are compliant with various regulations such as HIPAA, FERPA, PCI, and GLBA, and have been audited under SOC 2 Type II standards. The company serves enterprises and government entities, delivering automated and continuous backup services over the Internet and private network connections for uninterrupted remote data protection. LiveVault operates data centers in Massachusetts, Louisiana, and Ontario, Canada, and is a subsidiary of j2 Global, Inc.

LiveVault

Venture Round in 2002
LiveVault Corporation, founded in 1993 and based in Los Angeles, California, specializes in providing cloud-based data backup and recovery solutions tailored for companies and organizations across North America. The company offers a range of services including offsite protection combined with local backup, web-based access to protected data, agentless backup across multiple LAN-connected systems, and mirrored data centers to ensure recoverability. LiveVault's solutions are compliant with various regulations such as HIPAA, FERPA, PCI, and GLBA, and have been audited under SOC 2 Type II standards. The company serves enterprises and government entities, delivering automated and continuous backup services over the Internet and private network connections for uninterrupted remote data protection. LiveVault operates data centers in Massachusetts, Louisiana, and Ontario, Canada, and is a subsidiary of j2 Global, Inc.
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