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 Storage Services

Arcfra

Funding Round in 2024
Arcfra is a technology company that specializes in simplifying on-premises enterprise cloud infrastructure. It offers a full-stack, software-defined platform that enables businesses to build robust, future-proof infrastructure from bare metal. The platform provides a range of services, including computing, storage, networking, security, backup, disaster recovery, and Kubernetes support, all within a single stack. It supports both virtual machines and containers, ensuring flexibility and adaptability for enterprises in the cloud and AI era.

vesoft

Series A in 2022
VEsoft Inc. is a technology company that specializes in developing open-source and distributed graph database solutions. Founded in 2018 and headquartered in Hangzhou, China, with an additional office in Beijing, VEsoft offers its primary product, NebulaGraph, which facilitates back-end storage, data calculation, and graph management using vertices and edges. This innovative database solution is designed to help businesses efficiently analyze and derive insights from large, interconnected datasets, particularly in sectors such as social networking, finance, and payments. With its advanced architecture, NebulaGraph delivers high throughput and low latency, enabling organizations to effectively scale their database operations.

Datacloak

Series B in 2021
Datacloak, Inc. is a technology company based in Shenzhen, China, specializing in data security and privacy protection. The company develops a computing platform that facilitates secure data storage, access, and sharing for enterprises. Its offerings include enterprise computing, cloud computing, and artificial intelligence, enabling businesses to configure security levels for each user within their network. Datacloak's technology supports software-defined adaptive computing environments, allowing for decentralized management of data both in transit and at rest. By extending private clouds to hybrid cloud environments, Datacloak empowers enterprises to enhance their data security capabilities and build autonomously controllable security domains in the cloud.

Datacloak

Series B in 2021
Datacloak, Inc. is a technology company based in Shenzhen, China, specializing in data security and privacy protection. The company develops a computing platform that facilitates secure data storage, access, and sharing for enterprises. Its offerings include enterprise computing, cloud computing, and artificial intelligence, enabling businesses to configure security levels for each user within their network. Datacloak's technology supports software-defined adaptive computing environments, allowing for decentralized management of data both in transit and at rest. By extending private clouds to hybrid cloud environments, Datacloak empowers enterprises to enhance their data security capabilities and build autonomously controllable security domains in the cloud.

SmartX

Series B in 2020
SmartX is a prominent provider of hyperconverged infrastructure and software-defined storage solutions. The company offers a fully software-driven platform that is designed to be scalable across all x86 appliances, catering to a diverse clientele that includes major cloud builders, telecommunications companies, and IoT firms in China. SmartX focuses on delivering infrastructure that is distributed, highly reliable, and infinitely scalable, allowing organizations to seamlessly transition from traditional hardware-defined systems to modern enterprise cloud environments. This innovative approach enables enterprises to efficiently manage their IT applications while adapting quickly to evolving technological demands.

vesoft

Series A in 2020
VEsoft Inc. is a technology company that specializes in developing open-source and distributed graph database solutions. Founded in 2018 and headquartered in Hangzhou, China, with an additional office in Beijing, VEsoft offers its primary product, NebulaGraph, which facilitates back-end storage, data calculation, and graph management using vertices and edges. This innovative database solution is designed to help businesses efficiently analyze and derive insights from large, interconnected datasets, particularly in sectors such as social networking, finance, and payments. With its advanced architecture, NebulaGraph delivers high throughput and low latency, enabling organizations to effectively scale their database operations.

Datacloak

Series A in 2020
Datacloak, Inc. is a technology company based in Shenzhen, China, specializing in data security and privacy protection. The company develops a computing platform that facilitates secure data storage, access, and sharing for enterprises. Its offerings include enterprise computing, cloud computing, and artificial intelligence, enabling businesses to configure security levels for each user within their network. Datacloak's technology supports software-defined adaptive computing environments, allowing for decentralized management of data both in transit and at rest. By extending private clouds to hybrid cloud environments, Datacloak empowers enterprises to enhance their data security capabilities and build autonomously controllable security domains in the cloud.

Datacloak

Seed Round in 2018
Datacloak, Inc. is a technology company based in Shenzhen, China, specializing in data security and privacy protection. The company develops a computing platform that facilitates secure data storage, access, and sharing for enterprises. Its offerings include enterprise computing, cloud computing, and artificial intelligence, enabling businesses to configure security levels for each user within their network. Datacloak's technology supports software-defined adaptive computing environments, allowing for decentralized management of data both in transit and at rest. By extending private clouds to hybrid cloud environments, Datacloak empowers enterprises to enhance their data security capabilities and build autonomously controllable security domains in the cloud.

InVault CN

Angel Round in 2018
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.

SmartX

Series B in 2017
SmartX is a prominent provider of hyperconverged infrastructure and software-defined storage solutions. The company offers a fully software-driven platform that is designed to be scalable across all x86 appliances, catering to a diverse clientele that includes major cloud builders, telecommunications companies, and IoT firms in China. SmartX focuses on delivering infrastructure that is distributed, highly reliable, and infinitely scalable, allowing organizations to seamlessly transition from traditional hardware-defined systems to modern enterprise cloud environments. This innovative approach enables enterprises to efficiently manage their IT applications while adapting quickly to evolving technological demands.

Panzura

Series E in 2017
Panzura is a provider of enterprise storage infrastructure designed for cloud-era data management. Its Global Cloud Storage System combines an on-premise controller with the Global File System and software that orchestrates the system, enabling cloud-enabled NAS-like file sharing and multi-site collaboration across locations and workloads. The platform supports cloud integration, archiving, and data protection across multi-cloud environments, with products for cloud-based long-term storage and multi-cloud file services. Panzura targets industries such as architecture, engineering and construction, oil and gas, entertainment, healthcare, manufacturing, and legal, helping organizations consolidate dispersed data, gain visibility, improve cyber resilience, and enable AI-ready access to files where and when needed. The company emphasizes a unified data engine that transforms cloud object storage into a scalable file system, with on-prem and cloud components, and provides professional services and support.

FangCloud

Series A in 2016
FangCloud Technology is a provider of a cloud-based platform focused on enterprise file management services. The company specializes in offering secure and convenient solutions for file access, sharing, and collaboration, enabling seamless interaction between employers, employees, and their digital assets. FangCloud's platform features large file storage, multi-level user access control, and robust data security measures, allowing organizations to maximize the value of their core digital assets while ensuring secure file management. With a founding team experienced in assisting major players in the industry, FangCloud is dedicated to enhancing the efficiency and security of corporate file management.

Beestor.com

Angel Round in 2015
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.

Qiniu

Series C in 2014
Qiniu Cloud is a leading enterprise cloud service provider in China. It is committed to driving social industry development with cloud technology, and it focuses on the cloud computing industry with data intelligence and visual intelligence as its core. Through massive data and rich media scenarios across industries, Qiniu Cloud launches the intelligent video cloud integrated with CDN, object storage, cloud host, big data, content recognition platform and other product portfolios, which provides comprehensive cloud computing service for users. More than one million enterprise-level clients are using qiniu cloud to provide services for 80% of the Internet users nationwide. It provides cloud plus smart technology empowerment for users in various industries to meet the new opportunities of Artificial Intelligence and the arrival of 5G era.

Seafile

Angel Round in 2013
Seafile is a cloud-based office document platform designed to enhance document management within a company's private cloud environment. The platform facilitates file syncing and sharing, team collaboration, and mobile office capabilities. Seafile provides workspaces for individuals, groups, and organizations, allowing users to organize files into libraries that can be shared and synchronized independently. This structure enables efficient document handling and collaboration, making it a valuable tool for improving productivity in modern workplaces.

Storiant

Series B in 2013
Storiant, Inc. develops innovative cold data storage software solutions, specializing in disk-based storage for cold (Tier 3) data. The company's technology allows private data centers to manage exabyte-scale data at a significantly reduced cost, approximately 90 percent lower than conventional storage options, while achieving cost efficiencies and scalability comparable to public cloud services. Storiant caters to various sectors, including financial services, government, media, and healthcare. Originally established as SageCloud, Inc. in 2012, the company rebranded to Storiant in April 2014 and is headquartered in Boston, Massachusetts. Additionally, Storiant has formed a strategic partnership with Rorke Global Solutions to enhance its service offerings.

Panzura

Series D in 2013
Panzura is a provider of enterprise storage infrastructure designed for cloud-era data management. Its Global Cloud Storage System combines an on-premise controller with the Global File System and software that orchestrates the system, enabling cloud-enabled NAS-like file sharing and multi-site collaboration across locations and workloads. The platform supports cloud integration, archiving, and data protection across multi-cloud environments, with products for cloud-based long-term storage and multi-cloud file services. Panzura targets industries such as architecture, engineering and construction, oil and gas, entertainment, healthcare, manufacturing, and legal, helping organizations consolidate dispersed data, gain visibility, improve cyber resilience, and enable AI-ready access to files where and when needed. The company emphasizes a unified data engine that transforms cloud object storage into a scalable file system, with on-prem and cloud components, and provides professional services and support.

Panzura

Series C in 2012
Panzura is a provider of enterprise storage infrastructure designed for cloud-era data management. Its Global Cloud Storage System combines an on-premise controller with the Global File System and software that orchestrates the system, enabling cloud-enabled NAS-like file sharing and multi-site collaboration across locations and workloads. The platform supports cloud integration, archiving, and data protection across multi-cloud environments, with products for cloud-based long-term storage and multi-cloud file services. Panzura targets industries such as architecture, engineering and construction, oil and gas, entertainment, healthcare, manufacturing, and legal, helping organizations consolidate dispersed data, gain visibility, improve cyber resilience, and enable AI-ready access to files where and when needed. The company emphasizes a unified data engine that transforms cloud object storage into a scalable file system, with on-prem and cloud components, and provides professional services and support.

Qiniu

Seed Round in 2011
Qiniu Cloud is a leading enterprise cloud service provider in China. It is committed to driving social industry development with cloud technology, and it focuses on the cloud computing industry with data intelligence and visual intelligence as its core. Through massive data and rich media scenarios across industries, Qiniu Cloud launches the intelligent video cloud integrated with CDN, object storage, cloud host, big data, content recognition platform and other product portfolios, which provides comprehensive cloud computing service for users. More than one million enterprise-level clients are using qiniu cloud to provide services for 80% of the Internet users nationwide. It provides cloud plus smart technology empowerment for users in various industries to meet the new opportunities of Artificial Intelligence and the arrival of 5G era.

Panzura

Series B in 2010
Panzura is a provider of enterprise storage infrastructure designed for cloud-era data management. Its Global Cloud Storage System combines an on-premise controller with the Global File System and software that orchestrates the system, enabling cloud-enabled NAS-like file sharing and multi-site collaboration across locations and workloads. The platform supports cloud integration, archiving, and data protection across multi-cloud environments, with products for cloud-based long-term storage and multi-cloud file services. Panzura targets industries such as architecture, engineering and construction, oil and gas, entertainment, healthcare, manufacturing, and legal, helping organizations consolidate dispersed data, gain visibility, improve cyber resilience, and enable AI-ready access to files where and when needed. The company emphasizes a unified data engine that transforms cloud object storage into a scalable file system, with on-prem and cloud components, and provides professional services and support.

Akorri Networks

Series C in 2007
Akorri, Inc. is a provider of cross-domain performance management software tailored for virtualized data centers, founded in 2005 and based in Littleton, Massachusetts. The company's primary product, BalancePoint, is an agent-less management solution designed for IT operations, system and storage administrators, and application owners. BalancePoint employs Cross-Domain Analysis technology to gather and correlate performance data across servers, storage, and infrastructure, facilitating improved application performance management. It features Application Fingerprinting technology, which characterizes application workloads and models resource utilization over time. Additionally, the software includes Performance Dynamics Modeling technology that proactively identifies potential application performance issues before they arise. Akorri also offers professional services, assessments, and training to support its customers in optimizing their data center operations.

Akorri Networks

Series B in 2006
Akorri, Inc. is a provider of cross-domain performance management software tailored for virtualized data centers, founded in 2005 and based in Littleton, Massachusetts. The company's primary product, BalancePoint, is an agent-less management solution designed for IT operations, system and storage administrators, and application owners. BalancePoint employs Cross-Domain Analysis technology to gather and correlate performance data across servers, storage, and infrastructure, facilitating improved application performance management. It features Application Fingerprinting technology, which characterizes application workloads and models resource utilization over time. Additionally, the software includes Performance Dynamics Modeling technology that proactively identifies potential application performance issues before they arise. Akorri also offers professional services, assessments, and training to support its customers in optimizing their data center operations.

Akorri Networks

Series A in 2005
Akorri, Inc. is a provider of cross-domain performance management software tailored for virtualized data centers, founded in 2005 and based in Littleton, Massachusetts. The company's primary product, BalancePoint, is an agent-less management solution designed for IT operations, system and storage administrators, and application owners. BalancePoint employs Cross-Domain Analysis technology to gather and correlate performance data across servers, storage, and infrastructure, facilitating improved application performance management. It features Application Fingerprinting technology, which characterizes application workloads and models resource utilization over time. Additionally, the software includes Performance Dynamics Modeling technology that proactively identifies potential application performance issues before they arise. Akorri also offers professional services, assessments, and training to support its customers in optimizing their data center operations.

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.

AppIQ

Series B in 2003
AppIQ, Inc. was founded in 2001 and is headquartered in Burlington, Massachusetts. The company specializes in storage area network management and storage resource management solutions. Its software facilitates the management of storage infrastructure by offering features such as storage resource visualization, provisioning, monitoring, reporting, and policy-based automation. AppIQ's technology correlates business-critical applications with the configuration, capacity, and performance of storage area networks. The company's products serve a diverse range of industries, including automotive, human resources, satellite radio, retail, and finance, and are distributed through OEM partners and a network of resellers. In 2005, AppIQ was acquired by Hewlett-Packard Co.

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.

StorageWay

Series C in 2001
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.

Internet Generation Storage

Venture Round in 2000
Internet Generation Storage

StorageWay

Venture Round in 2000
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

Series B in 1989
Founded in 1988, SanDisk is a multinational corporation specializing in data storage solutions. It designs, develops, manufactures, and markets products such as removable cards for consumer devices, embedded products for various applications, solid state drives (SSDs) for computing devices, enterprise SSD solutions, digital media players, wireless flash drive products, and memory wafers. SanDisk sells its products globally through direct sales channels and distributors to original equipment manufacturers, system integrators, resellers, and retailers.
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