Matrix

Matrix Partners, established in 1977, is a prominent venture capital firm headquartered in San Francisco, California. The firm focuses on early-stage and early-growth investments, partnering with entrepreneurs to build significant, industry-leading companies. With a global perspective and local expertise, Matrix combines the insights of former entrepreneurs and experienced investors to guide its portfolio companies. The firm has a proven track record, having invested in over 500 companies, with 50 going public and 75 achieving profitable M&A exits. Notable investments include Baidu, Apple, and Oculus. Matrix invests across various sectors, including applied AI, B2B SaaS, digital health, and sustainable-defined hardware.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Co-Founder

Wan Haoji

Partner

Kun Qian

Managing Director

Stan Reiss

General Partner

Brian Ru

Venture Partner

Bo Shao

Founding Managing Partner

Paul Sherer

Venture Partner

David Skok

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Kevin Xiong

Partner

Eric YU

Director

Past deals in Embedded Software

Baya Systems

Series B in 2025
Baya Systems specializes in chipset-based semiconductor technology, focusing on high-performance, modular systems that enhance intelligent computing across diverse applications. The company has developed innovative chiplet technology, which allows semiconductor manufacturers to create efficient chips by deconstructing complex designs into smaller, modular components. This approach addresses the growing complexity of semiconductor design while reducing overall design cycles, positioning Baya Systems as a key player in the evolution of modular semiconductor solutions.

Chiplego

Seed Round in 2023
Chiplego focuses on embedded high-performance computing systems that assist in the creation of a mobile digital world and a better travel and life experience for everyone.

Eaglechip

Angel Round in 2022
EagleChip is a chip design company that specializes in the development and design of Field Programmable Gate Arrays (FPGAs). It focuses on research and development, creating tailored electronic design automation (EDA) toolchains that cater to various industries. These industries include communications, data centers, industrial control, consumer electronics, smart vehicles, video processing, and medical electronics. EagleChip aims to provide high-quality FPGA chip solutions to meet the specific needs of its customers, ensuring a reliable domestic supply in the competitive semiconductor market.

Semidrive Technology

Series B in 2021
Nanjing Semidrive Technology Ltd., established in 2018, is a Chinese company specializing in the design and manufacture of core processor chips for automotive applications. It offers a range of products, including the X9 chip for eCockpit systems, the V9 chip for advanced driver assistance systems (ADAS) and autonomous driving, and the G9 chip for vehicle central gateway applications. Semidrive operates with a fabless manufacturing model and has research and development facilities in Nanjing and Beijing, with an additional office in Shenzhen.

X-Epic

Series A in 2021
X-Epic is a Nanjing-based startup focused on advancing China's electronic design automation (EDA) software technology. The company develops comprehensive verification solutions that support various industries, including integrated circuits, 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative systems, X-Epic aims to lower barriers to entry in the integrated circuit industry and address verification challenges associated with chip design, thereby enhancing the overall efficiency and effectiveness of electronic development in China.

Semidrive Technology

Series A in 2020
Nanjing Semidrive Technology Ltd., established in 2018, is a Chinese company specializing in the design and manufacture of core processor chips for automotive applications. It offers a range of products, including the X9 chip for eCockpit systems, the V9 chip for advanced driver assistance systems (ADAS) and autonomous driving, and the G9 chip for vehicle central gateway applications. Semidrive operates with a fabless manufacturing model and has research and development facilities in Nanjing and Beijing, with an additional office in Shenzhen.

Semidrive Technology

Seed Round in 2019
Nanjing Semidrive Technology Ltd., established in 2018, is a Chinese company specializing in the design and manufacture of core processor chips for automotive applications. It offers a range of products, including the X9 chip for eCockpit systems, the V9 chip for advanced driver assistance systems (ADAS) and autonomous driving, and the G9 chip for vehicle central gateway applications. Semidrive operates with a fabless manufacturing model and has research and development facilities in Nanjing and Beijing, with an additional office in Shenzhen.

Carbon Design Systems

Series E in 2009
Carbon Design Systems, Inc. specializes in virtual prototype solutions for system-on-chip (SoC) designs, aiming to enhance the development, execution, and analysis of complex virtual system platforms. Their key offerings include Carbon SoC Designer Plus, which facilitates the creation and validation of virtual prototypes, and Carbon Model Studio, designed for the automatic generation and execution of hardware-accurate software models. The company also provides Carbon Performance Analysis Kits (CPAK), pre-built virtual reference platforms essential for optimizing performance elements like processors and memory controllers. Additionally, Carbon Design Systems supports system validation, software execution, and traffic analysis, while offering consulting, training, and integration services. Their solutions cater to systems, semiconductor, and intellectual property companies in sectors such as wireless communication, networking, and consumer electronics. Founded in 2002 and based in Acton, Massachusetts, Carbon Design Systems operates as a subsidiary of ARM Holdings plc.

Solidcore Systems

Series E in 2008
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series E in 2008
Carbon Design Systems, Inc. specializes in virtual prototype solutions for system-on-chip (SoC) designs, aiming to enhance the development, execution, and analysis of complex virtual system platforms. Their key offerings include Carbon SoC Designer Plus, which facilitates the creation and validation of virtual prototypes, and Carbon Model Studio, designed for the automatic generation and execution of hardware-accurate software models. The company also provides Carbon Performance Analysis Kits (CPAK), pre-built virtual reference platforms essential for optimizing performance elements like processors and memory controllers. Additionally, Carbon Design Systems supports system validation, software execution, and traffic analysis, while offering consulting, training, and integration services. Their solutions cater to systems, semiconductor, and intellectual property companies in sectors such as wireless communication, networking, and consumer electronics. Founded in 2002 and based in Acton, Massachusetts, Carbon Design Systems operates as a subsidiary of ARM Holdings plc.

Carbon Design Systems

Series D in 2007
Carbon Design Systems, Inc. specializes in virtual prototype solutions for system-on-chip (SoC) designs, aiming to enhance the development, execution, and analysis of complex virtual system platforms. Their key offerings include Carbon SoC Designer Plus, which facilitates the creation and validation of virtual prototypes, and Carbon Model Studio, designed for the automatic generation and execution of hardware-accurate software models. The company also provides Carbon Performance Analysis Kits (CPAK), pre-built virtual reference platforms essential for optimizing performance elements like processors and memory controllers. Additionally, Carbon Design Systems supports system validation, software execution, and traffic analysis, while offering consulting, training, and integration services. Their solutions cater to systems, semiconductor, and intellectual property companies in sectors such as wireless communication, networking, and consumer electronics. Founded in 2002 and based in Acton, Massachusetts, Carbon Design Systems operates as a subsidiary of ARM Holdings plc.

Solidcore Systems

Series D in 2007
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Solidcore Systems

Series C in 2006
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series C in 2005
Carbon Design Systems, Inc. specializes in virtual prototype solutions for system-on-chip (SoC) designs, aiming to enhance the development, execution, and analysis of complex virtual system platforms. Their key offerings include Carbon SoC Designer Plus, which facilitates the creation and validation of virtual prototypes, and Carbon Model Studio, designed for the automatic generation and execution of hardware-accurate software models. The company also provides Carbon Performance Analysis Kits (CPAK), pre-built virtual reference platforms essential for optimizing performance elements like processors and memory controllers. Additionally, Carbon Design Systems supports system validation, software execution, and traffic analysis, while offering consulting, training, and integration services. Their solutions cater to systems, semiconductor, and intellectual property companies in sectors such as wireless communication, networking, and consumer electronics. Founded in 2002 and based in Acton, Massachusetts, Carbon Design Systems operates as a subsidiary of ARM Holdings plc.

Solidcore Systems

Series B in 2005
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series B in 2004
Carbon Design Systems, Inc. specializes in virtual prototype solutions for system-on-chip (SoC) designs, aiming to enhance the development, execution, and analysis of complex virtual system platforms. Their key offerings include Carbon SoC Designer Plus, which facilitates the creation and validation of virtual prototypes, and Carbon Model Studio, designed for the automatic generation and execution of hardware-accurate software models. The company also provides Carbon Performance Analysis Kits (CPAK), pre-built virtual reference platforms essential for optimizing performance elements like processors and memory controllers. Additionally, Carbon Design Systems supports system validation, software execution, and traffic analysis, while offering consulting, training, and integration services. Their solutions cater to systems, semiconductor, and intellectual property companies in sectors such as wireless communication, networking, and consumer electronics. Founded in 2002 and based in Acton, Massachusetts, Carbon Design Systems operates as a subsidiary of ARM Holdings plc.

Solidcore Systems

Series A in 2003
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.