Matrix related stories
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DCM Ventures leads $11 mln Series A for AssetAvenueAssetAvenue said Tuesday it raised $11 million Series A Funding led by DCM Ventures. Additional investors in the technology, venture capital and real estate industries participated, including NetEase and Matrix Partners. Los Angeles-based AssetAvenue is an online platform for commercial real estate loans.
- HR platform Namely rakes in $11 mln
New York City-based human resources platform Namely has secured $11 million in funding. Matrix Partners led the round with participation from True Ventures, Lerer Hippeau Ventures, Greenspring Global Partners and Vayner/RSE.
- Accel and Matrix Capital invest in Xero
New Zealand-based software company Xero Limited has raised $110.7 million in funding from Accel Partners and Matrix Capital Management. In addition to the funding, Xero has named Russ Fujioka as U.S. President. The appointment is effective immediately. Fujioka will be working from Xero's U.S. headquarters in San Francisco. Also, Graham Smith, a former chief financial officer at Salesforce Inc, has been added to Xero's board.
- Spark Capital backs on-demand delivery service Postmates
San Francisco-based Postmates, an on-demand delivery service, has raised $16 million in Series B funding. Spark Capital led the round. In conjunction with the funding, Nabeel Hyatt of Spark Capital has been added to Postmates' board of directors.
- Sqrrl grabs $7 mln in Rally Ventures-led round
Cambridge, Massachusetts-based big data analytics company Sqrrl has raised $7 million in Series B funding. Rally Ventures led the round with participation from previous backers Atlas Venture and Matrix Partners.
- Catalyst Investors leads Series D round for Conductor
Conductor, a provider of web presence solutions, has raised $27 million in Series D funding. Catalyst Investors led the round with participation from FirstMark Capital, Matrix Partners, Investor Growth Capital and Blue Cloud Ventures.
- Practo grabs $30 mln Series B
According to a blog post on its site, Practo, a doctor search engine, has raised $30 million in Series B funding. The investors were Sequoia Capital and Matrix Partners. To read the announcement, visit here https://blog.practo.com/announcing-30m-series-b-funding/
- Lightspeed Venture Partners leads $23.5 mln round for CloudBees
CloudBees Inc, which provides continuous delivery solutions, has closed $23.5 million in funding in a round led by existing backer Lightspeed Venture Partners. Other investors included Matrix Partners, Verizon Ventures and Blue Cloud Ventures.
- IPO Profile: Beijing Momo Technology Co Ltd
Investors include Sequoia, Matrix anc Tiger Global
- Fastback Networks pulls in $15 mln Series C
San Jose, California-based infrastructure firm Fastback Networks has received $15 million in Series C funding. Harmony Partners led the round with participation from return backers Foundation Capital, Granite Ventures, Juniper Networks and Matrix Partners.