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.
2601, Taikang Financial Tower, No.38, East 3rd Ring Road North, Chaoyang District, Beijing 100026, China
101 Main St. 17th Floor Cambridge, MA 02142
535 Mission St. Suite 2600 San Francisco, CA 94105
260 Homer Ave, Suite 201 Palo Alto, CA 94301
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 Storage Services
Yuancang Warehouse
Seed Round in 2023
Yuancang Warehouse focuses on providing standardized warehouse distribution, logistics, customized order execution, supply chain and other related integrated services for Southeast Asian e-commerce.
HashData Ltd., based in Beijing, China, is a provider of cloud data warehousing technology aimed at simplifying big data analysis for enterprises. The company specializes in SQL on Cloud services, offering fully managed data warehouses that can handle up to one petabyte of data. By enabling the use of standard SQL for data analysis, HashData facilitates the understanding of business trends and promotes data democratization. Its services are designed to enhance performance, concurrency, elasticity, and ease of use, allowing organizations to efficiently leverage their data for informed decision-making.
SmartX is a leading provider of hyperconverged infrastructure and software-defined storage solutions. The company specializes in delivering fully software-driven systems that are scalable across all x86 appliances. SmartX serves a diverse clientele, including major cloud builders, telecommunications companies, and hyperscalers in China. Their infrastructure is designed to be distributed, highly reliable, and limitlessly scalable, catering to the needs of demanding enterprises and IoT companies.
Caicloud is a private cloud computing company founded in July 2015 and headquartered in Hangzhou, China. The company specializes in providing Kubernetes-based Cluster-as-a-Service (CaaS) solutions, with its latest product, CaaS 2.0, enhancing cluster management through improved security, DevOps capabilities, application orchestration, and troubleshooting intelligence. This new version builds upon its initial CaaS offering from December 2015 and is designed to integrate with public clouds and on-premises infrastructures such as VMware and OpenStack. Caicloud serves several Fortune 500 companies by delivering enterprise Kubernetes distributions. Additionally, the company has developed TensorFlow-as-a-Service (TaaS) to create a comprehensive "Cloud + AI" solution for enterprises, offering features like automatic anomaly detection and data-driven troubleshooting. Caicloud is also notable for its contributions to the Kubernetes community, having open-sourced various plugins, tools, and a Kubernetes-native CI/CD project named Cyclone.
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.
RootCloud is a cloud computing platform based in Beijing, China, that focuses on industrial applications and the internet of things (IoT). Founded in 2016, it provides a comprehensive suite of services for machine manufacturers, equipment users, government agencies, and other organizations. The platform facilitates online management of industrial assets through a multi-layered architecture that includes connection, platform, and application layers. It offers solutions in areas such as smart manufacturing, research and development, energy management, and industrial artificial intelligence. RootCloud specializes in delivering IoT and big data services, enabling large-scale manufacturing enterprises to achieve digital transformation and improve operational efficiency. Through its service-as-a-service model hosted on the public cloud, RootCloud supports clients in enhancing product quality and reinforcing core competencies.
RootCloud is a cloud computing platform based in Beijing, China, that focuses on industrial applications and the internet of things (IoT). Founded in 2016, it provides a comprehensive suite of services for machine manufacturers, equipment users, government agencies, and other organizations. The platform facilitates online management of industrial assets through a multi-layered architecture that includes connection, platform, and application layers. It offers solutions in areas such as smart manufacturing, research and development, energy management, and industrial artificial intelligence. RootCloud specializes in delivering IoT and big data services, enabling large-scale manufacturing enterprises to achieve digital transformation and improve operational efficiency. Through its service-as-a-service model hosted on the public cloud, RootCloud supports clients in enhancing product quality and reinforcing core competencies.
InVault is a specialized Crypto Asset Custodian that caters to institutional clients and qualified investors. Founded by a team of experts in technical, security, financial, and legal fields, InVault offers a range of customizable custody services, including Decentralized Corporate Wallets, Joint Custody Accounts, and Segregated Custody Accounts. These services are designed to accommodate various business needs, such as Institutional Crypto Custody, Token Fund Custody, Crypto Exchange Custody, and Crypto Loan Collateral Custody. Additionally, InVault employs advanced offline storage technology and a security risk control system to ensure the safe management of digital assets. This enables clients to monitor transactions in real time, meeting their financial requirements effectively.
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.
Caicloud is a private cloud computing company founded in July 2015 and headquartered in Hangzhou, China. The company specializes in providing Kubernetes-based Cluster-as-a-Service (CaaS) solutions, with its latest product, CaaS 2.0, enhancing cluster management through improved security, DevOps capabilities, application orchestration, and troubleshooting intelligence. This new version builds upon its initial CaaS offering from December 2015 and is designed to integrate with public clouds and on-premises infrastructures such as VMware and OpenStack. Caicloud serves several Fortune 500 companies by delivering enterprise Kubernetes distributions. Additionally, the company has developed TensorFlow-as-a-Service (TaaS) to create a comprehensive "Cloud + AI" solution for enterprises, offering features like automatic anomaly detection and data-driven troubleshooting. Caicloud is also notable for its contributions to the Kubernetes community, having open-sourced various plugins, tools, and a Kubernetes-native CI/CD project named Cyclone.
Slab, Inc. is a San Francisco-based company that develops and operates a cloud-based knowledge platform designed to facilitate document collaboration and information sharing within teams. Founded in 2017, Slab provides a user-friendly editor and robust search capabilities, allowing employees to easily access and manage internal knowledge. The platform supports various integrations, including popular tools like Slack, GitHub, and G Suite, enhancing its utility in the modern workplace. By creating a centralized information hub, Slab enables organizations to improve their collective learning and documentation processes, thereby unlocking the full potential of their teams.
The Internet of Services (IOS) offers a secure & scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provide infinite possibilities for online service providers to serve their customer base. IOST has offices in Beijing and San Francisco.
RootCloud is a cloud computing platform based in Beijing, China, that focuses on industrial applications and the internet of things (IoT). Founded in 2016, it provides a comprehensive suite of services for machine manufacturers, equipment users, government agencies, and other organizations. The platform facilitates online management of industrial assets through a multi-layered architecture that includes connection, platform, and application layers. It offers solutions in areas such as smart manufacturing, research and development, energy management, and industrial artificial intelligence. RootCloud specializes in delivering IoT and big data services, enabling large-scale manufacturing enterprises to achieve digital transformation and improve operational efficiency. Through its service-as-a-service model hosted on the public cloud, RootCloud supports clients in enhancing product quality and reinforcing core competencies.
SmartX is a leading provider of hyperconverged infrastructure and software-defined storage solutions. The company specializes in delivering fully software-driven systems that are scalable across all x86 appliances. SmartX serves a diverse clientele, including major cloud builders, telecommunications companies, and hyperscalers in China. Their infrastructure is designed to be distributed, highly reliable, and limitlessly scalable, catering to the needs of demanding enterprises and IoT companies.
Caicloud is a private cloud computing company founded in July 2015 and headquartered in Hangzhou, China. The company specializes in providing Kubernetes-based Cluster-as-a-Service (CaaS) solutions, with its latest product, CaaS 2.0, enhancing cluster management through improved security, DevOps capabilities, application orchestration, and troubleshooting intelligence. This new version builds upon its initial CaaS offering from December 2015 and is designed to integrate with public clouds and on-premises infrastructures such as VMware and OpenStack. Caicloud serves several Fortune 500 companies by delivering enterprise Kubernetes distributions. Additionally, the company has developed TensorFlow-as-a-Service (TaaS) to create a comprehensive "Cloud + AI" solution for enterprises, offering features like automatic anomaly detection and data-driven troubleshooting. Caicloud is also notable for its contributions to the Kubernetes community, having open-sourced various plugins, tools, and a Kubernetes-native CI/CD project named Cyclone.
Panzura, Inc. specializes in enterprise storage infrastructure designed for the cloud era. The company offers a Global Cloud Storage System that includes the Panzura Controller—an on-premise appliance that interfaces with the Global File System—and Panzura Software, which orchestrates the system's operations. This architecture integrates cloud storage with network-attached storage functionalities, allowing for seamless scalability across multiple locations. Key features include automatic file locking, immediate global data consistency, and high-performance local file operations. Panzura's solutions enable companies to utilize cloud storage as a globally accessible data center while ensuring security through data de-duplication, encryption, and centralized management. Their services cater to a diverse range of sectors, including oil and gas, healthcare, and entertainment, providing solutions for file sharing, project collaboration, and data protection. Founded in 2008 and based in Campbell, California, Panzura was previously known as Pixel 8 Networks LLC.
The Internet of Services (IOS) offers a secure & scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provide infinite possibilities for online service providers to serve their customer base. IOST has offices in Beijing and San Francisco.
FangCloud Technology core founding team has assisted Box, the world's largest enterprise cloud storage service provider, to land on the New York Stock Exchange successfully.the company is committed to providing the most professional file management services, that is to achieve a seamless connection between employers, employees and data through a secure and convenient file access, sharing and collaboration, and to help enterprises maximize their value in "core digital assets".
CloudChef is an enterprise services company that offers a cloud management platform aimed at managing diverse cloud resources in a unified manner. Utilizing visual application blueprint modeling technology, CloudChef provides information management and control services that enable clients to effectively track, standardize, and optimize their cloud usage. This approach helps enterprises reduce costs associated with their cloud operations while enhancing efficiency and resource management.
BeeStor (Beijing) Technology Co., Ltd. is a private company based in China that specializes in self-storage services through mobile internet platforms. The company offers personal storage solutions that include convenient pick-up and delivery services, allowing users to rent storage space easily and efficiently. By leveraging technology, BeeStor aims to provide an accessible and affordable storage experience, catering to the needs of individuals seeking reliable storage options.
Shanghai Qiniu Information Technologies Co., Ltd. is a prominent enterprise cloud service provider based in Shanghai, China, founded in 2003. The company specializes in Internet data storage services and has developed QBox, a free storage solution that allows users to access files via web, PC, and mobile devices. Qiniu Cloud focuses on cloud computing, data intelligence, and visual intelligence, offering a comprehensive suite of services that includes intelligent video cloud solutions, CDN integration, object storage, and big data capabilities. With over one million enterprise-level clients, Qiniu Cloud plays a significant role in supporting 80% of the Internet users in China. The company aims to empower various industries with advanced cloud technology, addressing the emerging opportunities presented by artificial intelligence and the 5G era.
QingCloud is a cloud computing platform based in China that specializes in Infrastructure as a Service (IaaS). The company offers a range of flexible cloud services, including support for private networks, hourly billing, open APIs, comprehensive monitoring, and multiple real-time data security policies. Founded by former professionals from Tencent, Baidu, and IBM, QingCloud aims to create a highly optimized IaaS platform inspired by the model of major industry players. Richard, the company's CEO, has emphasized QingCloud's ambition to evolve into a globally recognized cloud platform. The company plans to initiate expansion efforts in the Asia Pacific region, aiming to broaden its international presence and enhance its service offerings to meet the demands of the digital landscape.
Seafile is a cloud-based office document platform designed to enhance organizational efficiency through effective document management. It serves as a document center within a company's private cloud, offering functionalities such as file syncing and sharing, team collaboration, and mobile access. Users can create workspaces tailored for individuals, groups, or entire organizations, allowing for organized file storage in libraries. Each library functions as a root directory, enabling separate sharing and syncing of files, thereby facilitating streamlined workflows and improved collaboration among team members.
Storiant, Inc. specializes in cold data storage software solutions, providing a disk-based storage product designed for cold (Tier 3) data. This innovative solution allows private data centers to manage exabyte-scale data at a significantly reduced cost, approximately 90 percent lower than traditional storage options, while competing effectively with the cost efficiency and scalability of public cloud services. Storiant serves various sectors, including financial services, data center services, government, media, and healthcare/pharmaceuticals. The company, which was incorporated in 2012 and is based in Boston, Massachusetts, operates under a strategic partnership with Rorke Global Solutions. Originally known as SageCloud, Inc., it rebranded to Storiant in April 2014.
Panzura, Inc. specializes in enterprise storage infrastructure designed for the cloud era. The company offers a Global Cloud Storage System that includes the Panzura Controller—an on-premise appliance that interfaces with the Global File System—and Panzura Software, which orchestrates the system's operations. This architecture integrates cloud storage with network-attached storage functionalities, allowing for seamless scalability across multiple locations. Key features include automatic file locking, immediate global data consistency, and high-performance local file operations. Panzura's solutions enable companies to utilize cloud storage as a globally accessible data center while ensuring security through data de-duplication, encryption, and centralized management. Their services cater to a diverse range of sectors, including oil and gas, healthcare, and entertainment, providing solutions for file sharing, project collaboration, and data protection. Founded in 2008 and based in Campbell, California, Panzura was previously known as Pixel 8 Networks LLC.
Panzura, Inc. specializes in enterprise storage infrastructure designed for the cloud era. The company offers a Global Cloud Storage System that includes the Panzura Controller—an on-premise appliance that interfaces with the Global File System—and Panzura Software, which orchestrates the system's operations. This architecture integrates cloud storage with network-attached storage functionalities, allowing for seamless scalability across multiple locations. Key features include automatic file locking, immediate global data consistency, and high-performance local file operations. Panzura's solutions enable companies to utilize cloud storage as a globally accessible data center while ensuring security through data de-duplication, encryption, and centralized management. Their services cater to a diverse range of sectors, including oil and gas, healthcare, and entertainment, providing solutions for file sharing, project collaboration, and data protection. Founded in 2008 and based in Campbell, California, Panzura was previously known as Pixel 8 Networks LLC.
Shanghai Qiniu Information Technologies Co., Ltd. is a prominent enterprise cloud service provider based in Shanghai, China, founded in 2003. The company specializes in Internet data storage services and has developed QBox, a free storage solution that allows users to access files via web, PC, and mobile devices. Qiniu Cloud focuses on cloud computing, data intelligence, and visual intelligence, offering a comprehensive suite of services that includes intelligent video cloud solutions, CDN integration, object storage, and big data capabilities. With over one million enterprise-level clients, Qiniu Cloud plays a significant role in supporting 80% of the Internet users in China. The company aims to empower various industries with advanced cloud technology, addressing the emerging opportunities presented by artificial intelligence and the 5G era.
Panzura, Inc. specializes in enterprise storage infrastructure designed for the cloud era. The company offers a Global Cloud Storage System that includes the Panzura Controller—an on-premise appliance that interfaces with the Global File System—and Panzura Software, which orchestrates the system's operations. This architecture integrates cloud storage with network-attached storage functionalities, allowing for seamless scalability across multiple locations. Key features include automatic file locking, immediate global data consistency, and high-performance local file operations. Panzura's solutions enable companies to utilize cloud storage as a globally accessible data center while ensuring security through data de-duplication, encryption, and centralized management. Their services cater to a diverse range of sectors, including oil and gas, healthcare, and entertainment, providing solutions for file sharing, project collaboration, and data protection. Founded in 2008 and based in Campbell, California, Panzura was previously known as Pixel 8 Networks LLC.
CloudSwitch specializes in developing cloud management software aimed at enhancing the efficiency and usability of cloud services for businesses. By providing tools that simplify the integration and management of cloud resources, CloudSwitch enables organizations to optimize their cloud strategies and improve operational performance. The company's solutions are designed to facilitate seamless transitions between on-premise infrastructures and various cloud environments, ensuring that businesses can leverage the benefits of cloud computing while maintaining control over their data and applications. With a focus on delivering practical and effective cloud solutions, CloudSwitch plays a significant role in helping organizations navigate the complexities of cloud adoption and management.
CloudSwitch specializes in developing cloud management software aimed at enhancing the efficiency and usability of cloud services for businesses. By providing tools that simplify the integration and management of cloud resources, CloudSwitch enables organizations to optimize their cloud strategies and improve operational performance. The company's solutions are designed to facilitate seamless transitions between on-premise infrastructures and various cloud environments, ensuring that businesses can leverage the benefits of cloud computing while maintaining control over their data and applications. With a focus on delivering practical and effective cloud solutions, CloudSwitch plays a significant role in helping organizations navigate the complexities of cloud adoption and management.
Enservio is the market leader in property insurance affinity solutions, strategic analytics, and contents software, inventory, valuation, replacement and replacement tools. Enservio created the first SaaS (software as a service) software platform for contents, the first replacement mall, the first payment debit card for claims and the first ContentsITV product. We provide software and services to property insurance carriers and their policy holders nationwide. Founded in 2004, we are headquartered near Boston, in Needham, MA with offices and professional staff across the United States.
LiveVault Corporation specializes in cloud-based data backup and recovery solutions for businesses and organizations in North America. The company provides a range of services including offsite protection alongside local backup, web-based access to safeguarded data, and agentless backup for systems connected via LAN. Its infrastructure features mirrored data centers to ensure data recoverability, and it adheres to various regulatory standards such as HIPAA, FERPA, PCI, and GLBA. LiveVault’s offerings include automated, turnkey backup services delivered over the Internet or private networks, ensuring uninterrupted remote data protection. The company serves a diverse clientele, including small to mid-sized businesses and enterprises with remote offices. Founded in 1993 and based in Los Angeles, LiveVault also operates data centers in Massachusetts, Louisiana, and Ontario, Canada. It was previously known as Network Integrity, Inc. before rebranding in February 2000 and operates as a subsidiary of j2 Global, Inc.
As of October 24, 2005, AppIQ, Inc. was acquired by Hewlett-Packard Co. AppIQ, Inc. provides storage area network management and storage resource management solutions. AppIQ's software enables the management of storage infrastructure by integrating storage resource visualization, provisioning, monitoring, reporting, and policy-based automation, and by correlating the business-critical applications with storage area network configuration, capacity, and performance. Its products are sold to automobile manufacturers, human resources consulting firms, satellite radio provider, retailers, and financial institutions through its OEM partners and a network of resellers. AppIQ was founded in 2001 and is headquartered in Burlington, Massachusetts.
LiveVault Corporation specializes in cloud-based data backup and recovery solutions for businesses and organizations in North America. The company provides a range of services including offsite protection alongside local backup, web-based access to safeguarded data, and agentless backup for systems connected via LAN. Its infrastructure features mirrored data centers to ensure data recoverability, and it adheres to various regulatory standards such as HIPAA, FERPA, PCI, and GLBA. LiveVault’s offerings include automated, turnkey backup services delivered over the Internet or private networks, ensuring uninterrupted remote data protection. The company serves a diverse clientele, including small to mid-sized businesses and enterprises with remote offices. Founded in 1993 and based in Los Angeles, LiveVault also operates data centers in Massachusetts, Louisiana, and Ontario, Canada. It was previously known as Network Integrity, Inc. before rebranding in February 2000 and operates as a subsidiary of j2 Global, Inc.
StorageWay, Inc. provides storage utility services. Its services are offered by Internet infrastructure providers in Santa Clara, New York, Atlanta, Chicago, Washington DC, and Dallas; and Toronto, Canada.
StorageWay, Inc. provides storage utility services. Its services are offered by Internet infrastructure providers in Santa Clara, New York, Atlanta, Chicago, Washington DC, and Dallas; and Toronto, Canada.
SanDisk LLC is a multinational corporation that specializes in designing, developing, manufacturing, and marketing data storage solutions globally. The company offers a wide range of products, including solid state drives (SSDs) for client computing, removable cards for digital cameras and smartphones, and embedded products for mobile devices and automotive applications. Its SSDs are available in various brands such as SanDisk Ultra II, SanDisk Extreme, and SanDisk Extreme PRO, catering to both consumer and enterprise markets. Additionally, SanDisk provides universal serial bus flash drives, digital media players under the Sansa brand, and wireless media products. The company distributes its products through multiple channels, including direct sales, original equipment manufacturers, and various retail outlets, ensuring a broad market reach. Founded in 1988 and headquartered in Milpitas, California, SanDisk operates as a subsidiary of Western Digital Corporation.
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