Matrix related stories
All articles and analysis
Andreessen Horowitz leads $39 mln round for ActivehoursActivehours said Sept. 21 that it raised $39 million in funding led by Andreessen Horowitz. Matrix Partners, Ribbit Capital and March Capital Partners also participated. Activehours, of Palo Alto, is a mobile app that lets people access their pay directly from their smartphones.
- Matrix Capital Markets Group announces promotions and new hires
Matrix Capital Markets Group, a middle-market investment bank, has promoted Vance Saunders to managing director and principal, John J. Underwood to managing director and Carlton C. Zesch to senior analyst. And, joining the firm as analysts are Martin C. P. McElroy, Jr. and Kyle B. Tipping.
- Elevation Innovation Partners collects $15 mln for maiden venture fund
Elevation Innovation Partners has raised $15 million for its debut venture fund. The fund is expected to close at $25 million by the end of the year. The pool will focus on fintech, enterprise software, marketing analytics and new media platform startups. The fund's investors include Mohandas Pai, former chief financial officer at Infosys and Jerry Rao, venture adviser to New Enterprise Associates.
- Sqrll attracts $12.3 mln Series C in Spring Lake-led round.
Cambridge, Massachusetts-based Sqrrl, a cybersecurity company, has raised $12.3 million in Series C funding. Spring Lake Equity Partners led the round with participation from Matrix Partners, Rally Ventures and Accomplice.
- Carmera zooms off with $6.4 mln
Carmera, the Brooklyn, New York-based startup developing a street-level mapping and intelligence platform for autonomous vehicles, closed $6.4 million in venture funding, according to a blog post https://medium.com/@carmera/democratizing-autonomous-vehicle-data-e84dac0a2f64 The Series A round was led by Matrix Partners, with Resolute Ventures, Notation Capital and other funds and angels participating. Matrix’s Hardi Meybaum joins Carmera’s board.
- RightHand Robotics gathers $8 mln
Somerville, Massachusetts-based RightHand Robotics, a provider of robotic picking solutions for e-commerce order-fulfillment, has secured $8 million in Series A funding. The investors included Playground Global, Matrix Partners, Seven Seas Partners and Dream Incubator.
- Klook inks $30 mln Series B
Klook, an Asia travel and tours booking platform, has raised $30 million in Series B funding. Sequoia Capital China led the round with participation from other investors that included Matrix Partners and Welight Capital.
