Tech Company Financing Transactions

MATRIXX Software Funding Round

MATRIXX Software, based in Saratoga, received $40 million from Sutter Hill Ventures, Adams Street Partners and CK Hutchison.

Transaction Overview

Company Name
Announced On
1/30/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors

Sutter Hill Ventures (Lead Investor) (Stefan Dyckerhoff)

Adams Street Partners (David Welsh)

CK Hutchison

Greylock Partners (David Strohm)

Spring Lake Equity Partners

Swisscom (Stefan Kuentz)

Telstra (Mark Sherman)

Proceeds Purpose
This round of funding will be used to fuel the company's rapid global expansion.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
18764 Cox Ave.
Saratoga, CA 95070
USA
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
MATRIXX Software LinkedIn Company Profile
Social Media
MATRIXX Software Company Twitter Account
Company News
MATRIXX Software News
Facebook
MATRIXX Software on Facebook
YouTube
MATRIXX Software on YouTube

Management Team

Title
Name
Email & Social
Chairman
David Labuda
  David Labuda LinkedIn Profile  David Labuda Twitter Account  David Labuda News  David Labuda on Facebook
Chief Executive Officer
Glo Gordon
  Glo Gordon LinkedIn Profile  Glo Gordon Twitter Account  Glo Gordon News  Glo Gordon on Facebook
Chief Financial Officer
Milan Parikh
  Milan Parikh LinkedIn Profile  Milan Parikh Twitter Account  Milan Parikh News  Milan Parikh on Facebook
VP - Engineering
David Levy
  David Levy LinkedIn Profile  David Levy Twitter Account  David Levy News  David Levy on Facebook
VP - General Counsel
Mark Grech
  Mark Grech LinkedIn Profile  Mark Grech Twitter Account  Mark Grech News  Mark Grech on Facebook
VP - Marketing
Jennifer Kyriakakis
  Jennifer Kyriakakis LinkedIn Profile  Jennifer Kyriakakis Twitter Account  Jennifer Kyriakakis News  Jennifer Kyriakakis on Facebook
VP - Product Management
Vineet Sachdev
  Vineet Sachdev LinkedIn Profile  Vineet Sachdev Twitter Account  Vineet Sachdev News  Vineet Sachdev on Facebook


 

 

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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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