Matrix related stories
All articles and analysis
WCAS books 3.1x on Matrix Medical NetworkThe company will sell to Providence Service Corporation for $400 million
- WCAS sells Matrix to Providence Service Corp. for $400 mln
Providence Service Corp. has completed its acquisition of Matrix Medical Network from Welsh, Carson, Anderson & Stowe for $400 million. Based in Scottsdale, Arizona, Matrix is a provider of in-home health assessments and care management solutions.
- Loggly nets $15 mln in round led by Harmony Partners
Loggly has closed $15 million in Series C financing. Harmony Partners led the with participation from return backers Matrix Partners, Trinity Ventures, Cisco, Data Collective and True Ventures. Based in San Francisco, Loggly is a provider of log management solutions.
- VC-backed HubSpot raises $125 mln for IPO
HubSpot raised $125 million for its IPO after pricing its 5 million shares at $25 per share. The stock began trading Wednesday on the NYSE under the ticker symbol "HUBS." Morgan Stanley, J.P. Morgan and UBS were the lead underwriters. Headquartered in Cambridge, Mass., HubSpot is a marketing software provider. Its backers include General Catalyst, Matrix Partners, Scale Venture Partners, Sequoia Capital, Google Ventures and Charles River Ventures.
- VC-backed Meteor buys database startup FathomDB
According to a blog post on its site, Meteor, an open-source platform for building web apps, has acquired database startup FathomDB. No financial terms were disclosed. Also, Justin Santa Barbara, the creator of FathomDB, will join Meteor's team to lead its real-time data efforts. FathomDB was seeded by Y Combinator. Meteor's backers include Data Collective, Andreessen Horowitz, Matrix Partners and Webb Investment Network. To read the announcement, visit here https://www.meteor.com/blog
- MinuteKEY locks up $30 mln
MinuteKEY has raised $30 million in funding from Main Street Capital Corp. Based in Boulder, Colorado, MinuteKEY is a maker of a self-service, key duplication kiosk.
- Matrix Partners funds Lever
Lever has received $10 million in Series A funding, according to a blog post on its site. Matrix Partners led the round. In addition to the funding, Dana Stalder, general partner at Matrix, will be joining Lever's board. Based in San Francisco, Lever is a hiring and talent management platform provider. To read the announcement, visit here https://blog.lever.co/the-next-chapter/
- Team feedback platform 15 Five picks up $2.2 mln
San Francisco-based team feedback platform 15 Five has secured $2.2 million in follow-on seed funding. The investors included Point Nine Capital and Matrix Partners.
Version One Ventures joins $10 mln Series A financing of KinnekKinnek, a New York-based online marketplace for small businesses to find suppliers and manage purchasing, has secured US$10 million in a Series A funding round. The round was led by U.S. venture capital firm Matrix Partners with participation from previous backers, including Canadian firm Version One Ventures, as well as CrunchFund, Sierra Ventures, TriplePoint Ventures and several angel investors. Proceeds of the deal will be used to grow Kinnek's marketing and engineering capabilities and fuel its expansion into new industries. The company was founded in 2012.
- Matrix Partners leads Series A round for Kinnek
Kinnek said Monday that it has received $10 million in Series A funding. Matrix Partners led the round with participation from return backers that included Sierra Ventures, Version One Ventures, Naval Ravikant, CrunchFund and TriplePoint Ventures. Based in New York City, Kinnek helps small businesses find suppliers and manage purchasing.