Matrix related stories
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Investors underwrite new era of chipsWith Moore’s Law coming to an end, a new generation of semiconductor companies has seen a surge of investing. These task specific silicon makers could be the future, even if funding temporarily throttles back
- Apollo grabs $22 mln
San Francisco-based Apollo, a provider of GraphQL API technology, has secured $22 million in funding. Andreessen Horowitz and Matrix Partners led the round with participation from return backers Trinity Ventures and Webb Investment Network. In conjunction with the funding, Andreessen Horowitz General Partner Peter Levine will join the Apollo board of directors.
- Brightback fetches $11 mln Series A
San Francisco-based Brightback, a customer retention software for subscription businesses, has raised $11 million in Series A funding. Index Ventures led the round with participation from return backers Point Nine Capital, Matrix Partners and Rembrandt Venture Partners.
- Video conferencing firm Owl Labs inks $15 mln Series B
Owl Labs, a video conferencing company, has raised $15 million in Series B funding. Spark Capital led the round with participation from return backers Matrix Partners and Playground Global.
- Sila Nano pulls in $170 mln Series E
Alameda, California-based Sila Nanotechnologies, a next-generation battery materials company, has secured $170 million in Series E funding. Daimler AG led the round with participation from 8VC, Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Siemens Next47 and Sutter Hill Ventures. In addition to its funding, Daimler’s Alex Nediger and Jeff Immelt, former CEO of General Electric, will join Sila Nano’s board.
- Travel activities and services booking platform Klook racks up $225 mln
Klook, a travel activities and services booking platform, has secured $225 million in Series D+ funding. The SoftBank Vision Fund led the round with participation from return backers including Sequoia China, Matrix Partners, TCV and OurCrowd.

- VC-backed HR platform Namely appoints McGregor as chief security officer
New York City-based Namely, a HR platform for mid-sized companies, has named Andre McGregor as chief security officer. He is the former FBI cyber liaison to the United Nations. Namely's backers included Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital and True Ventures.

