Tech Company Financing Transactions
MATRIXX Software Funding Round
Francisco Partners and private investors joined a $50 million venture round for MATRIXX Software. This VC investment round was announced on 10/16/2021.
Transaction Overview
Company Name
Announced On
10/16/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Francisco Partners (Lead Investor) (Peter Gingold)
Proceeds Purpose
MATRIXX will use the funding from Francisco Partners to invest heavily in R&D to continue to evolve and expand product capabilities and solidify their leadership position.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
18764 Cox Ave.
Saratoga, CA 95070
USA
Saratoga, CA 95070
USA
Phone
Website
Email Address
Not Recorded
Overview
https://www.matrixx.com/leadership/MATRIXX Software was formed to develop solutions that help Service Providers (SPs) address the growing volume and complexity of services that require online charging. Data and media services are exploding, yet revenue per transaction and ARPUs are declining.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
David Labuda
Chief Executive Officer
Glo Gordon
Chief Financial Officer
Milan Parikh
VP - Engineering
David Levy
VP - General Counsel
Mark Grech
VP - Marketing
Jennifer Kyriakakis
VP - Product Management
Vineet Sachdev
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We do our best to document every notable VC transaction. VC transactions on this site are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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