Matrix related stories
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Accel leads $25 mln round for GOATGOAT said Feb. 7 that it raised $25 million in funding led by Accel. Existing investors Matrix Partners, Upfront Ventures and Webb Investment Network also participated in the round. GOAT, of Los Angeles, provides a sneaker marketplace on mobile.
- Maxtrix promotes five
Matrix Capital Markets Group Inc has promoted five of its staffers. Thomas E. Kelso, currently the managing director as well as principal and head of the firm's downstream energy and convenience retail group, will also serve as president of Matrix. Also, David W. Shoulders is now managing director and head of Matrix's consumer and industrial products group; William J. O’Flaherty is now a vice president and a member of Matrix's consumer and industrial products group; Stephen C. Lynch is a vice president and John C. Duni has become an associate.
- Salsify fetches $30 mln Series C
Boston-based Salsify, a product content management platform provider, has raised $30 million in Series C funding. Underscore.VC led the round with participation from return backers Venrock, Matrix Partners and North Bridge.
- Indian online healthcare platform Practo raises $55 mln in fresh funding: Reuters
Indian online healthcare platform Practo said on Tuesday it had raised $55 million from new and existing investors in a fresh round of funding led by China's Tencent Holdings.
- Starship Technologies rakes in $17.2 mln seed
Estonia and UK-based Starship Technologies, a builder of autonomous robots designed to deliver goods locally, has secured $17.2 million in seed funding. Daimler AG led the round with participation from other investors that included Shasta Ventures, Matrix Partners, ZX Ventures, Morpheus Ventures, Grishin Robotics and Playfair Capital.
- Paycheck startup Activehours snags $22 mln
Palo Alto, California-based paycheck startup Activehours has secured $22 million in funding. Matrix Partners led the round with participation from other backers that included March Capital Partners, Ribbit Capital and Felicis Ventures.
- Panzura scores $32 mln
Campbell, California-based Panzura, a provider of hybrid cloud storage solutions, has raised $32 million in funding. Matrix Partners led the round with participation from other investors that included Meritech Capital Partners, Opus Capital, Chevron and Western Digital.
- HR platform Namely books $50 mln
New York-based Namely, an HR platform, has secured $50 million in funding, according to a blog post http://blog.namely.com/blog/2017/1/5/namely-raises-50-million-to-deepen-investment-in-mid-market-companies on its site. Altimeter Capital and Scale Venture Partners led the round with participation from Sequoia Capital, Matrix Partners, True Ventures, Greenspring and Four Rivers.
- Matrix Capital sells two Wyoming truck stops and convenience store
Matrix Capital Markets Group Inc has sold two truck stops and a convenience store owned by 7 Eleven Inc to Parkland Fuel Corp. Both the truck stops and the convenience store are based in Wyoming. No financial terms were disclosed.
- VC-backed Frankly files for an IPO
Frankly Inc, a content and monetization platform for broadcasters and media companies, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be determined. Frankly has applied to trade on the NASDAQ. Roth Capital Partners will serve as the lead underwriter. Frankly's backers include Matrix Partners.