Matrix

Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco, California. The firm specializes in early-stage investments, supporting companies from the ideation phase through Series A funding. Matrix Partners focuses on various sectors, including applied artificial intelligence, B2B SaaS, digital health, fintech, and sustainable hardware. The firm prides itself on building long-term relationships with entrepreneurs, leveraging a team of former founders and experienced investors to foster significant, industry-leading companies. With a strong portfolio that includes notable investments like Oculus, Zendesk, and Afterpay, Matrix Partners has contributed to the success of numerous businesses, helping many achieve initial public offerings and profitable mergers and acquisitions. The firm combines local market knowledge with a global perspective, consistently ranking among the top venture firms in terms of returns to its investors.

Ben Altshuler

Partner

Barrows, Timothy A.

General Partner

Berlin, Diana Kimball

Partner

Doherty, Phyllis

Administrative Partner

Ferri, Paul J.

Co-Founder

Harry Man

Partner

Kojo Osei

Partner

Qian, Kun

Managing Director

Ru, Brian

Venture Partner

Bo Shao

Founding Managing Partner

Stalder CPA, CPA, Dana C.

General Partner

David Su

Founding Managing Partner

Sukhar, Ilya

General Partner

Sun, Linghao

Managing Partner

Huadong Wang

Partner

Kevin Xiong

Partner

Michael Zuo

Partner

Past deals in Series E

Flock Safety

Series E in 2022
Flock Safety specializes in security solutions centered around automated license plate recognition (ALPR) cameras, which are utilized by neighborhoods, law enforcement agencies, and businesses. Their primary product captures and analyzes vehicle license plates to aid in crime prevention and resolution. The system not only helps local law enforcement by providing critical data during investigations but also proactively alerts them when stolen vehicles enter monitored areas. This technology fosters community engagement, allowing residents to assist in maintaining safety by sharing relevant information with police. By integrating the efforts of communities, schools, and law enforcement, Flock Safety aims to create safer environments while prioritizing privacy and data protection.

Yunxuetang

Series E in 2021
Jiangsu cloud school network Technology Co., Ltd. was established in December 2011. As a comprehensive training platform for enterprise training, cloud school will be the leading Internet technology and personnel training concept applied to the enterprise personnel training and development, and effectively help corporate customers to enhance the value of talent, help enterprises succeed. The BaaS model, which is the development of the enterprise's talent development business, provides the professional enterprise university's overall solution through the "software platform, course service, course creation tool, operation service" and other dimensions. Cloud school music advocate "a business is a university" concept, is the cloud school BaaS business model landing on behalf of the product.

Edianyun

Series E in 2021
Edianzu is an enterprise IT and office desktop leasing start-up that provides IT, office desktop, and office equipment leasing for small and medium-sized enterprises. Its customers include Jiayuan.com International Ltd, China’s largest online dating platform, and Litsoft, an IT services company under Legend Holdings.

Klook

Series E in 2021
Klook is the leading travel and leisure e-commerce platform for experiences and services anytime, anywhere. Klook offers a comprehensive platform for travelers to discover and book a wide range of activities and services. Users can explore and reserve tours, theme park tickets, cultural experiences, and adventure activities across various destinations. The platform also provides essential travel services such as public transport passes, airport transfers, car rentals, and SIM cards or eSIMs for seamless connectivity. In addition to experiences, Klook enables travelers to book accommodations, making it a one-stop solution for planning trips. Food enthusiasts can take advantage of dining reservations, food tours, and restaurant vouchers to enhance their culinary journey.

Zhenkunxing

Series E in 2020
ZKH is a digital service platform for industrial products that offers comprehensive supply chain solutions based on an E-commerce platform, digital tools, and intelligent service. Its platform offers a comprehensive selection of industrial accessories, consumables, general equipment, and spare parts. There are 28 product lines and over 4 million SKUs available, including PPE, hand tools, metal processing, fasteners, instruments, chemicals, and so on.

GeneCast Biotechnology

Series E in 2020
Genecast offers DNA testing of tumors and gene-based medicine guidance. The company claims expertise in lung, colon, liver and breast cancers. Genecast plans to use the proceeds for further research and clinical trials, as well as expanding distribution channels.

Salsify

Series E in 2020
Salsify is an e-commerce software startup based in Boston, Massachusetts, founded in 2012 by Jason Purcell, Jeremy Redburn, and Rob Gonzalez. The company provides a platform known as Commerce Experience Management (CommerceXM), which integrates Product Experience Management with essential commerce functionalities. This platform enables brands to manage their product presentation, inventory tracking, and sales across various channels, including retailers, distributors, marketplaces, social commerce, and direct-to-consumer sites. By offering these comprehensive tools, Salsify helps businesses enhance their online product presence and drive sales effectively on digital shelves. The company is supported by several investors, including Venrock, Matrix Partners, and Warburg Pincus.

Sila

Series E in 2019
Sila is a battery materials company founded in 2011 and headquartered in California, United States. It specializes in manufacturing energy-dense lithium-ion batteries designed for electric vehicles and consumer electronics. Sila collaborates with automotive original equipment manufacturers (OEMs) to accelerate product development and partners with battery manufacturers to enhance commercial cell production. The company focuses on providing advanced battery materials that improve energy storage capabilities, enabling the production of small, light, and long-lasting devices. By offering superior performance and quality control, Sila aims to facilitate the mass adoption of affordable, long-range electric vehicles while maintaining safety and cycle life standards.

Beisen

Series E in 2018
Beijing Beisen Cloud Computing Co., Ltd. specializes in developing software as a service (SaaS) solutions for integrated talent management. Founded in 2005 and based in Beijing, the company offers a comprehensive platform that includes services for talent assessment, recruitment management, performance management, succession planning, and employee development. Beisen’s Human Resource Service Platform focuses on internet recruitment, while its Business People Service Network provides information and recruitment services. The company also delivers platform as a service (PaaS) for cloud architecture development, along with system implementation and custom development services. Its iTalentX platform features cloud-native applications designed to streamline human capital management (HCM) processes, enabling organizations to effectively recruit, evaluate, and retain talent throughout the employee lifecycle.

SoYoung

Series E in 2018
The Beijing-based company, which has seen 10 million downloads of its SoYoung app, is trying to enlist 200 clinics and thousands of plastic surgeons to its platform within three years as the industry in China faces less policy restrictions than traditional medical procedures, such as heart operations. It’s trying to tap an aesthetic medical services market forecast to double to $11.3 billion over the next five years, according to a prospectus from Union Medical Healthcare Ltd.

Namely

Series E in 2018
Namely, Inc. operates an online human resource software platform designed for small and mid-sized organizations, offering a comprehensive suite of tools to manage HR data effectively. The platform includes an employee database with features for time-off tracking, reporting, and a social news feed, along with payroll solutions and various employee benefits such as medical and dental plans. Additionally, Namely provides talent management solutions, allowing companies to focus on employee development and enhancing workplace culture. Founded in 2011 and based in New York, Namely aims to simplify HR administration and compliance across various sectors, including technology, professional services, and commerce. Its services have evolved to meet the changing needs of organizations, enabling HR teams to concentrate on improving employee experiences.

CloudBees

Series E in 2018
CloudBees enables enterprises to deliver scalable, compliant, and secure software, empowering developers to do their best work. Seamlessly integrating into any hybrid and heterogeneous environment, CloudBees is a strategic partner in your cloud transformation journey, ensuring security, compliance, and operational efficiency while enhancing the developer experience across your entire software development lifecycle.

Panzura

Series E in 2017
Panzura, Inc. specializes in enterprise storage infrastructure tailored for the cloud era. The company's offerings include a Global Cloud Storage System, which features the Panzura Controller, an on-premise appliance that interfaces with the Panzura Global File System. This system, designed for seamless cloud integration, provides network-attached storage capabilities while ensuring scalability across locations and user bases. Panzura's solutions encompass a range of applications, including file sharing, project collaboration, and cloud-based archiving, serving diverse sectors such as oil and gas, entertainment, healthcare, and architecture. Additionally, the company provides data protection services and customer support, empowering organizations to manage their data efficiently and securely. Founded in 2008 and headquartered in Campbell, California, Panzura aims to enhance the agility and productivity of digital-first organizations by consolidating data and making it readily accessible across various cloud environments.

Meiyou

Series E in 2016
Xiamen Meiyou Information Technology Co., Ltd. is the developer of Meiyou, software specially designed for women during their menstrual period. Meiyou provides menstrual period prediction, female health analysis, and individualized tips. It also supports pregnancy mode and provides customized services including beauty, fitness, and good health. Meiyou's ""Her Circle"" feature provides a communication platform for women to discuss topics and help one another. Currently, the estimated number of users for Meiyou's software is 20 million.

meet you

Series E in 2016
Meet you is a female health management app that provides women's menstrual management consulting services. The app is providing mothers-to-be with rich pregnancy knowledge and intimate pregnancy reminders. Record the moment of baby growth and provide scientific advice on baby growth to mothers. At the same time, it provides girls with health, emotion, weight loss, beauty, and shopping knowledge posts, as well as a built-in real-girl communication area to accompany women during every important period.
Heptagon provides intelligent micro optics systems for smart devices.Their industry leadership in imaging, light and sensors results from a unique combination of wafer-level integration, pragmatic innovation, total supply chain control, a culture of integrity, and a 20+ year track record of delivering breakthrough technologies to leading OEMs.

Care

Series E in 2012
Care.com connects families with caregivers. It’s a simple concept that’s complicated to execute well, and Care.com strives to do it better than anyone. Whether it’s via our online platform (the world’s largest) or through our corporate clients, we focus on matching families with caregivers uniquely suited to their children, senior loved ones, pets, and homes. Our services and tools meet families where they are and adapt to their changing needs.

Quikr

Series E in 2012
Quikr is a free classifieds and online marketplace that helps users to sell, buy, rent, or discover anything across India. Community members can come to their site to find an apartment to live in, sell their old car, bike ,music system, laptop or furniture, promote their small business, find a tuition class or get a break as a model or actor, join a salsa class, get an audience for a local event, buy any item that they might want or have to offer and make new friends while doing all of the above. Their aim is to empower every person in the country to independently connect with buyers and sellers online. Their idea is to consistently keep adding something game-changing and worthwhile to your Quikr experience - whether it is QuikrNXT, the freedom to buy or sell without risking your privacy, or the missed call service, to give Quikr access to the masses who aren’t online today but would have internet access in the near future.

Gilt Groupe

Series E in 2011
Gilt Groupe is an online retailer based in New York City that specializes in luxury goods, offering a wide range of products for men, women, and children. The company provides members access to a diverse selection of merchandise including fashion items such as clothing, shoes, and accessories, as well as home decor, furniture, and unique experiences in select cities. For women, Gilt Groupe features handbags, jewelry, watches, health and beauty products, and maternity wear. For children, it offers toys, books, and various baby products. The platform aims to create an accessible shopping experience for luxury lifestyle brands, making it easier for consumers to explore and purchase high-end fashion and home goods. Founded in 2007, Gilt Groupe is a subsidiary of Hudson's Bay Company, as of February 2016.

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.

Kalido

Series E in 2009
Kalido, develops software products for master data management, data warehouse, and business intelligence. It offers Kalido Dynamic Information Warehouse for model-driven creation and evolution of data warehouses and consolidating data from multiple sources; Kalido Master Data Management for workflow-driven master data management; Kalido Business Information Modeler, a graphical business modeling tool to capture and present the underlying business mode; and Kalido Universal Information Director, which generates the metadata needed to automatically configure chosen business intelligence tools. The company also provides solution delivery, expert advisory, installation, upgrade planning, implementation audit, project planning, and proof of value services. Kalido, Ltd. was formerly known as Highpike Limited and changed its name to Kalido, Ltd. in 2001. The company was founded in 1997 and is based in Burlington, Massachusetts. Kalido, Ltd. is a prior subsidiary of Royal Dutch Shell.

Solidcore Systems

Series E in 2008
Solidcore Systems, Inc. provides change control software for information technology infrastructures. It offers change audit and configuration control solutions. The company's products include S3 Control, a comprehensive change control solution that reduces the cost and effort needed to improve information technology service availability and regulatory compliance; and S3 Control Embedded, a change control software solution, which enables original equipment manufacturers to secure and control devices, including devices running in the Windows operating system. Solidcore Systems, Inc. has a strategic partnership with EDS. The company was founded in 2002 and is based in Cupertino, California with regional offices in London, the United Kingdom; Tokyo, Japan; Delhi and Gurgaon, India; Chicago, Illinois; New York, New York; and Toronto and Vancouver, Canada. As of June 1, 2009, Solidcore Systems, Inc. operates as a subsidiary of McAfee, Inc.

Virtual Iron Software

Series E in 2008
Virtual Iron Software, Inc. provides enterprise-class software solutions for server virtualization and virtual infrastructure management. The company’s platform is used for server consolidation, rapid provisioning, business continuity, workload management, and policy-based automations. Its virtual iron platform consists of virtualization manager that provides a central place to control and automate virtual resources; and virtualization services, which are deployed automatically on bare-metal and industry-standard servers without requiring software installation or management. The virtual iron platform also includes open source virtualization, which is based on an open source hypervisor derived from the open source community project. Its solutions are used for capacity management, virtual infrastructure management, and development and testing. Virtual Iron Software, Inc. was formerly known as Katana Technology, Inc. The company was founded in 2003 and is based in Lowell, Massachusetts.

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.

Intelliden

Series E in 2007
Intelliden is a provider of intelligent networking software solutions that enable organizations to effectively control, manage, and scale their networks. The company's software facilitates network configuration, change management, data reconciliation, and network activation, serving industries such as telecommunications, financial services, and government agencies. Intelliden's innovative automation technology ensures real-time awareness of the network's state, which is crucial for maintaining accuracy in dynamic environments. Founded in 2000 and headquartered in Menlo Park, California, with additional offices in Colorado, Japan, and the United Kingdom, Intelliden also offers system support, technical training, and technology consulting services to enhance its clients' operational capabilities. As of 2010, Intelliden operates as a subsidiary of Tivoli Systems, Inc.

Crossbeam Systems

Series E in 2005
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

Sandburst

Series E in 2005
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

Quallaby Corporation

Series E in 2003
Quallaby Corporation is a privately-held company.

Cereva Networks

Series E in 2001
Cereva Networks was a victim of swiftly shrinking corporate IT budgets. The company failed to meet the demand for a start-up large-scale, storage systems. Resulted in abruptly shutting down and laid off 140 employees.
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