Matrix

Matrix Partners is a venture capital firm established in 1977, with offices in San Francisco, Cambridge, Shanghai, Beijing, Mumbai, and Bangalore. The firm focuses on seed, early-stage, late-stage, and growth capital investments across various sectors, including software, communications, artificial intelligence, fintech, digital health, and clean technology. With a commitment to building long-term relationships with entrepreneurs, Matrix Partners aims to support visionary founders in developing significant, industry-leading companies. The firm has a strong track record, having participated in hundreds of investments, with many of its portfolio companies achieving successful IPOs or profitable mergers and acquisitions. The team at Matrix Partners combines local insights with global expertise, comprising both former entrepreneurs and seasoned investors.

Ben Altshuler

Partner

Tim Barrows

Partner

Diana Kimball Berlin

Partner

Rahul Chaudhary

Venture Partner

Pranay Desai

Managing Director

Phyllis Doherty

Administrative Partner

Paul J. Ferri

Co-Founder

Jacob Jolis

Partner

Patrick Malatack

Partner

Harry Man

Partner

Kojo Osei

Partner

Kun Qian

Managing Director

Brian Ru

Venture Partner

Varun Singhal

Senior Associate

Dana Stalder

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

General Partner

Sun Linghao

Managing Partner

Huadong Wang

Partner

Kevin Xiong

Partner

Michael Zuo

Partner

T.J. Parker

Partner

Past deals in Facial Recognition

Luma AI

Series A in 2023
Luma AI is a company focused on enabling users to capture and experience the world in three dimensions. Its platform employs a neural capture and rendering system to transform casual smartphone photos into photorealistic 3D representations. This technology serves various industries, including e-commerce, real estate, and 3D gaming, allowing users to engage with multimedia content in a mixed-reality environment. By leveraging multimodal artificial intelligence, Luma AI aims to expand human imagination and capabilities, facilitating a more immersive experience in visual storytelling.

Vomma

Seed Round in 2022
Developer of industrial Light Field Camera System used in camera lens. The company is a developer of industrial Light Field Camera System with international leading level and independent intellectual property rights; the system is created from hundreds of thousands of micro sensors that are precisely packaged into a 3D Light Field Camera, helping customers to solve the challenge of 3D defects detection for transparent, thin objects (e.g. LCD/OLED screen, CPI film) and micro metal wires (e.g. bonding wire).

Mashgin

Series B in 2022
Mashgin Inc. specializes in the development of intelligent kiosks that provide automated self-checkout solutions for various retail environments, including cafés, convenience stores, and specialty shops. Founded in 2013 and headquartered in Mountain View, California, Mashgin utilizes advanced computer vision technology, incorporating deep learning and real-time 3D capabilities. This innovative approach allows the kiosks to accurately identify and process multiple items simultaneously based on their visual characteristics, such as color, shape, and size. The system can be deployed quickly and cost-effectively, making it an attractive alternative to traditional checkout methods. Currently, Mashgin's self-checkout kiosks are in operation at hundreds of locations and serve tens of thousands of customers daily, significantly enhancing the efficiency of the retail checkout process.

RightHand Robotics

Series C in 2022
RightHand Robotics, Inc. specializes in manufacturing robotic order-picking systems designed for various industrial applications, including e-commerce, food handling, and flexible manufacturing. The company offers innovative products such as the ReFlex SF, which features a 3D-printed palm equipped with servos and compliant fingers, and the ReFlex TakkTile, a tactile sensor that enhances the robots' ability to grasp items gently and make adjustments to avoid errors. Their technology allows robots to automatically grasp a wide range of items from bins and cases, eliminating the need for extensive data-entry or parameter-tuning, thereby making the systems cost-effective and adaptable to the evolving needs of businesses. Founded in 2015, RightHand Robotics is headquartered in Cambridge, Massachusetts, with a sales and business development office located in Frankfurt, Germany.

Flock Safety

Series E in 2022
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

Deep View Technology

Series B in 2022
Beijing Deep View Technology Co., Ltd. engaged in research on 3D computer vision algorithm. The company is based in Beijing, China.

Luma AI

Seed Round in 2021
Luma AI is a company focused on enabling users to capture and experience the world in three dimensions. Its platform employs a neural capture and rendering system to transform casual smartphone photos into photorealistic 3D representations. This technology serves various industries, including e-commerce, real estate, and 3D gaming, allowing users to engage with multimedia content in a mixed-reality environment. By leveraging multimodal artificial intelligence, Luma AI aims to expand human imagination and capabilities, facilitating a more immersive experience in visual storytelling.

YUYI

Series A in 2021
Developer of Chinese NLP(Natural Language Processing) technologies designed to offer automated customer services. The company develops algorithms to recognize 12 emotions through texts from customers' feedback for enterprises such as online store operators and corporate customer service departments to enhance the functions of monitoring, quality inspection, and big data analysis by putting emotional labels on customer service dialogues.

Trifo

Series C in 2021
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

Umai Technology

Series A in 2021
Umai Technology is a skin image management software firm providing image processing, information acquisition, and clinical diagnosis.

Flock Safety

Series D in 2021
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

Shumei Technology

Series D in 2021
Shumei Technology is a private company established in 2015, headquartered in Wangjing, Beijing, China. It specializes in providing solutions for financial and online fraud using artificial intelligence and data analytics. The company focuses on business risk control, offering services that leverage software as a service (SaaS) and big data to help organizations mitigate risks associated with various financial activities. Through its AI-driven products and services, Shumei Technology aims to enhance security and efficiency for its clients in managing potential threats and vulnerabilities.

Remebot

Series D in 2020
Beijing Remebot Technology Co., Ltd. engages in research, development, production, and sales of medical robots. The company is based in Beijing, China.

Flock Safety

Series C in 2020
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

FeaturePeek

Seed Round in 2020
FeaturePeek Inc. is a technology company based in San Francisco, California, established in 2019. It specializes in an online feedback platform that enhances the front-end development process by enabling early and continuous user experience (UX) and user interface (UI) feedback. The platform automatically creates dedicated staging environments for each pull request, allowing team members to comment, annotate screenshots, and report bugs directly on the implementation. This collaborative approach streamlines communication among front-end developers, UX designers, and project managers, significantly shortening feedback loops throughout the product development cycle. By facilitating timely input from stakeholders, FeaturePeek helps teams avoid last-minute issues during the release process, improving overall project efficiency.

Flock Safety

Series B in 2020
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

Trifo

Series B in 2020
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

Nice

Series D in 2019
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

RightHand Robotics

Series B in 2018
RightHand Robotics, Inc. specializes in manufacturing robotic order-picking systems designed for various industrial applications, including e-commerce, food handling, and flexible manufacturing. The company offers innovative products such as the ReFlex SF, which features a 3D-printed palm equipped with servos and compliant fingers, and the ReFlex TakkTile, a tactile sensor that enhances the robots' ability to grasp items gently and make adjustments to avoid errors. Their technology allows robots to automatically grasp a wide range of items from bins and cases, eliminating the need for extensive data-entry or parameter-tuning, thereby making the systems cost-effective and adaptable to the evolving needs of businesses. Founded in 2015, RightHand Robotics is headquartered in Cambridge, Massachusetts, with a sales and business development office located in Frankfurt, Germany.

Flock Safety

Series A in 2018
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

Trifo

Series A in 2018
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

Flock Safety

Series A in 2018
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

Sensingtech

Series B in 2018
Beijing Sensing Technology is a high-tech company focused on artificial intelligence, specializing in the development, production, and sale of facial recognition technology. The company strives to advance its deep learning-based facial recognition capabilities to create customized solutions across various industries, including intelligent security, finance, building management, transportation, medicine, and community services. Collaborating with academic institutions such as Tsinghua University and Beihang University, Sensing Technology leverages talent and advanced technology to deliver intelligent security solutions to government entities, communities, and educational institutions. By integrating mega data analysis with its products, the company aims to provide comprehensive artificial intelligence solutions and services that meet the evolving needs of its customers.

Teddy Mobile

Series C in 2018
Beijing Teddy Mobile Technology Co., Ltd. develops a smartphone application that helps to identify caller identity based on big data capabilities. The company was founded in 2014 and is based in Beijing, China.

23Mofang

Series B in 2018
Chengdu 23Mofang Biotechnology Co., Ltd. specializes in genetic testing services, primarily focusing on saliva-based testing. Founded in 2015 and based in Chengdu, China, the company provides insights into ancestral origins, genetic risks, and traits by analyzing samples and delivering detailed reports through a mobile application. 23Mofang aims to leverage the Internet and genetic testing to create a comprehensive life data database, with a mission to enhance individual well-being through accessible genetic information. The company positions itself as a reliable technology enterprise that benefits society by enabling users and their families to proactively address potential health issues.

Teddy Mobile

Series B in 2017
Beijing Teddy Mobile Technology Co., Ltd. develops a smartphone application that helps to identify caller identity based on big data capabilities. The company was founded in 2014 and is based in Beijing, China.

PerceptIn

Series A in 2017
PerceptIn, Inc. is a technology company based in Sunnyvale, California, founded in 2016, that specializes in perception, insight, and intelligence solutions. The company develops a range of products, including hardware and a software SDK with embedded algorithms for visual intelligence. Its flagship offering, the PerceptIn Robotics Vision System, allows for real-time tracking and mapping with centimeter-level accuracy, catering to diverse applications. PerceptIn's customer base includes manufacturers of robots, VR/AR devices, content creators, smartphone OEMs, and gaming companies. The company has expanded its technology to various sectors, such as IoT-grade robotics and autonomous driving, positioning itself as a partner in the NVIDIA Inception Program and collaborating with several key technology firms. With offices in California and Shenzhen, China, PerceptIn employs around 30 people and serves over 100 clients, focusing on innovative solutions that enhance operational efficiency and reduce costs. The company has successfully raised significant funding to support its growth and development in the visual intelligence domain.

Mashgin

Series A in 2017
Mashgin Inc. specializes in the development of intelligent kiosks that provide automated self-checkout solutions for various retail environments, including cafés, convenience stores, and specialty shops. Founded in 2013 and headquartered in Mountain View, California, Mashgin utilizes advanced computer vision technology, incorporating deep learning and real-time 3D capabilities. This innovative approach allows the kiosks to accurately identify and process multiple items simultaneously based on their visual characteristics, such as color, shape, and size. The system can be deployed quickly and cost-effectively, making it an attractive alternative to traditional checkout methods. Currently, Mashgin's self-checkout kiosks are in operation at hundreds of locations and serve tens of thousands of customers daily, significantly enhancing the efficiency of the retail checkout process.

Trifo

Series A in 2017
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

RightHand Robotics

Series A in 2017
RightHand Robotics, Inc. specializes in manufacturing robotic order-picking systems designed for various industrial applications, including e-commerce, food handling, and flexible manufacturing. The company offers innovative products such as the ReFlex SF, which features a 3D-printed palm equipped with servos and compliant fingers, and the ReFlex TakkTile, a tactile sensor that enhances the robots' ability to grasp items gently and make adjustments to avoid errors. Their technology allows robots to automatically grasp a wide range of items from bins and cases, eliminating the need for extensive data-entry or parameter-tuning, thereby making the systems cost-effective and adaptable to the evolving needs of businesses. Founded in 2015, RightHand Robotics is headquartered in Cambridge, Massachusetts, with a sales and business development office located in Frankfurt, Germany.

Sensingtech

Series A in 2017
Beijing Sensing Technology is a high-tech company focused on artificial intelligence, specializing in the development, production, and sale of facial recognition technology. The company strives to advance its deep learning-based facial recognition capabilities to create customized solutions across various industries, including intelligent security, finance, building management, transportation, medicine, and community services. Collaborating with academic institutions such as Tsinghua University and Beihang University, Sensing Technology leverages talent and advanced technology to deliver intelligent security solutions to government entities, communities, and educational institutions. By integrating mega data analysis with its products, the company aims to provide comprehensive artificial intelligence solutions and services that meet the evolving needs of its customers.

Nice

Series B in 2014
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

Nice

Series A in 2014
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

Camera360

Series B in 2013
Camera360 is a mobile application focused on image and video processing, offering a suite of tools designed to enhance the photography experience for users. Its range of products includes Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK, and Web Camera360, all aimed at creating an ecosystem that supports modern creatives in capturing, composing, and sharing memorable moments. The application features advanced portrait and video processing technologies, providing unique beautification effects that allow users to visualize and present their creative ideas effectively. By simplifying imaging services, Camera360 caters to the needs of both casual users and professional creators.

Camera360

Series A in 2012
Camera360 is a mobile application focused on image and video processing, offering a suite of tools designed to enhance the photography experience for users. Its range of products includes Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK, and Web Camera360, all aimed at creating an ecosystem that supports modern creatives in capturing, composing, and sharing memorable moments. The application features advanced portrait and video processing technologies, providing unique beautification effects that allow users to visualize and present their creative ideas effectively. By simplifying imaging services, Camera360 caters to the needs of both casual users and professional creators.

Niupai

Venture Round in 2011
Niupai is a Chinese company that offers a mobile social networking service specialized in helping users connect with friends. Users can keep in touch with their old friends and get to know new people through personal space, online social networking, and communication services provided by Niupai's app. The app has a built-in video authentication mechanism to make sure that every profile picture is real.

Camera360

Series A in 2011
Camera360 is a mobile application focused on image and video processing, offering a suite of tools designed to enhance the photography experience for users. Its range of products includes Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK, and Web Camera360, all aimed at creating an ecosystem that supports modern creatives in capturing, composing, and sharing memorable moments. The application features advanced portrait and video processing technologies, providing unique beautification effects that allow users to visualize and present their creative ideas effectively. By simplifying imaging services, Camera360 caters to the needs of both casual users and professional creators.

Camera360

Seed Round in 2010
Camera360 is a mobile application focused on image and video processing, offering a suite of tools designed to enhance the photography experience for users. Its range of products includes Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK, and Web Camera360, all aimed at creating an ecosystem that supports modern creatives in capturing, composing, and sharing memorable moments. The application features advanced portrait and video processing technologies, providing unique beautification effects that allow users to visualize and present their creative ideas effectively. By simplifying imaging services, Camera360 caters to the needs of both casual users and professional creators.

Keniu

Series A in 2009
Keniu is a Beijing-based company that specializes in providing advanced photo editing and management software. Its platform offers a range of features that allow users to enhance their images, including tools for skin whitening, acne removal, body slimming, scene changing, and watermark removal. Additionally, Keniu provides hundreds of special effects, enabling users to achieve professional-quality results akin to those produced by photographic studios. The company focuses on delivering innovative solutions that enhance the user experience in image editing and management.

Ambarella

Series C in 2006
Ambarella, Inc. is a developer of semiconductor processing solutions focused on high-definition video capture, analysis, sharing, and display. The company specializes in system-on-a-chip designs that integrate HD video processing, image processing, computer vision, audio processing, and other system functions into a single chip, providing enhanced video quality and low power consumption. Its products support a range of applications, including wearable cameras, automotive cameras, drones, virtual reality cameras, and Internet Protocol security cameras for both professional and home security use. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers through direct sales and distributors. Founded in 2004, the company is headquartered in Santa Clara, California, and has a significant presence in Taiwan, Asia Pacific, Europe, and North America.

Ambarella

Series B in 2004
Ambarella, Inc. is a developer of semiconductor processing solutions focused on high-definition video capture, analysis, sharing, and display. The company specializes in system-on-a-chip designs that integrate HD video processing, image processing, computer vision, audio processing, and other system functions into a single chip, providing enhanced video quality and low power consumption. Its products support a range of applications, including wearable cameras, automotive cameras, drones, virtual reality cameras, and Internet Protocol security cameras for both professional and home security use. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers through direct sales and distributors. Founded in 2004, the company is headquartered in Santa Clara, California, and has a significant presence in Taiwan, Asia Pacific, Europe, and North America.
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