Matrix related stories
All articles and analysis
Zarget raises $1.5 mln in seed funding from Accel, Matrix for new Chrome pluginZarget, a software as a service startup, raised $1.5 million in seed funding from Accel Partners and Matrix Partners, as well as angel investors including Freshdeck CEO Girish Mathrubootham. The company launched its Zarget platform, a conversion rate optimization tool built as a Chrome plugin and intended for use by marketers, product managers and web designers.
Recap: Worldwide fundraising newsA summary of recent fundraising closes from around the world, with Excel tables
House Fund raises $6 mln to invest in Berkeley-focused startupsFormer Berkeley student Jeremy Fiance raised the inaugural fund from a number of LPs who are graduates of the university
- Sequoia leads $30 mln round for Namely
Namely, a human resources software platform for mid-market companies, raised $30 million in a late-stage funding round led by existing investor Sequoia Capital. Matrix Partners, True Ventures and Greenspring Associates also participated. The funding follows Namely's Series C round in June and brings the total funding raised to $107.8 million.
- Audax’s Cadence Education buys Next Generation Children’s Centers: CORRECTED
Cadence Education, a portfolio company of Audax Group Inc, bought Next Generation Children’s Centers. Next Generation Children’s Centers is a Scottsdale, Arizona-based provider of early education and childcare services. Financial terms were not disclosed. Matrix Capital Markets Group Inc provided financial advice to NGCC.
Worldwide fundraising recapFrom DFJ and Brooklyn Bridge to iNovia and Index, a summary of recent fundraising activity from around the globe
- Matrix Partners collects $500 mln for fourth China fund
Matrix Partners has raised $500 million for its fourth China-focused venture fund, according to an SEC filing http://www.sec.gov/Archives/edgar/data/1665947/000166594716000001/xslFormDX01/primary_doc.xml The firm's previous fund Matrix Partners China III closed at $350 million, as reported by PE HUB /2014/04/matrix-partners-closes-china-fund-iii-on-350-mln/
IPO Aftermarket: Nutanix, others wait in registration as IPOs dropIn 2015, only 72 VC-backed IPOs were launched, 75 percent of which were in biotech, medical or healthcare-related fields
- Scale Venture leads $20 mln Series B for Lever
Scale Venture Partners led a $20 million Series B funding round in Lever, a San Francisco-based provider of recruitment software to companies including Netflix, Yelp and Lyft. Other investors in the funding round included Correlation Ventures and a syndicate led by Naval Ravikant, chief executive officer and co-founder of AngelList. Existing investors Matrix Partners and Index Ventures also participated.
- GV backs Plexxi
GV (formerly known as Google Ventures) has made an undisclosed investment in Plexxi. Based in Nashua, New Hampshire, Plexxi is a provider of data center solutions.