Matrix related stories
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91Jinrong receives RMB 60 mln in funding91Jinrong, which matches consumers with financial institutions, received a second round of investments of RMB 60 million from CBC Capital, Matrix Partners and other institutions. The company is part of the Microsoft Venture Accelerator in China.
- Matrix Capital Management and Valar Ventures backs Xero
Xero has closed $150 million in funding from Matrix Capital Management, Valar Ventures and several other U.S. and New Zealand investors. Based in San Francisco, Xero is a provider of online accounting software.
- Matrix Partners backs Bugsnag
Bugsnag said Friday that it has raised $1.4 million in seed funding. Matrix Partners led the round with participation from Slicehost founder Jason Seats and Huddle founder Andy McLoughlin. According to Bugsnag, the capital will be used for expansion and product development. Based in San Francisco, Bugsnag is a crash monitoring platform for apps.
- Matrix Partners and North Bridge Venture Partners back Salsify
Salsify said Thursday that it has raised $8 million in Series A funding from Matrix Partners and North Bridge Venture Partners. Based in Boston, Salsify is a provider of product content management solutions.
- Loggly Grabs $10.5 Mln in Series B Financing
Loggly has raised $10.5 million in Series B financing. The lead investors were Cisco and Data Collective Venture Capital. Existing investors Trinity Ventures, True Ventures and Matrix Partners also participated in the round. Based in San Francisco, Loggly is a provider of cloud-based log management solutions.
- TELUS-Backed Taulia Raises $18M Series C Round
San Francisco-based Taulia Inc., a cloud-based payment and discounting solutions provider, has raised US$18 million in Series C financing. The deal involved an initial close of US$12.5 million led by German investor Klaus Hommels and Lakestar, with the participation of existing investors, including Matrix Partners, Trinity Ventures, TELUS Ventures and DAG Ventures. A secondary closing of US$5.5 million is underway. Earlier in August, Taulia entered into a strategic partnership with TELUS Corp. and its venture capital arm to expand the company's presence in Canada.
- Camera360 Fetches $18 Mln in Series B Financing
Camera360 has closed $18 million in Series B financing. The lead investor was Susquehanna International Group China. Existing investors Gobi Partners and Matrix Partners also participated in the round. Based in Chengdu, China, Camera360, which is owned by Chengdu Pinguo Technology Co., is a mobile camera app.
- Taulia Grabs $18 Mln in Series C Funds
Taulia said Friday that it has closed $18 million in Series C funding. Zurich-based venture fund Lakestar was the lead investor. Existing investors Matrix Partners, Trinity Ventures, TELUS Ventures and DAG Ventures also participated in the round. Headquartered in San Francisco, Calif., Taulia is a provider of cloud-based invoice, payment and discounting management solutions.
Reuters: U.S. Online Retailers JustFab, ShoeDazzle MergeOnline retailers JustFab and ShoeDazzle, which are both backed by VCs, are making a bigger-is-better play and merging in an effort to grow faster, Reuters reported Wednesday.
- TELUS Strikes Strategic Partnership with Taulia
San Francisco-based Taulia Inc., a cloud-based payment and discounting solutions provider, has entered into a strategic partnership with Canadian telecommunications company TELUS Corp. and its venture capital investment arm, TELUS Ventures. Through this partnership, the TELUS organization will implement Taulia internally, and invest in and resell its solutions in Canada. Taulia has been venture-backed since 2010. Its other investors include DAG Ventures, Matrix Partners and Trinity Ventures.