Tech Company Financing Transactions
MATRIXX Software Funding Round
On 10/11/2011, MATRIXX Software received $12 million in financing from Innovacom and Adams Street Partners.
Transaction Overview
Company Name
Announced On
10/11/2011
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Innovacom (Lead Investor) (Bruno Dizengremel)
Proceeds Purpose
Funds will be used to continue the expansion of the MATRIXX Software technology footprint, increase sales presence in Europe and the US, and also expand sales presence to the Southeast Asia and Pacific regions.
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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