Matrix Partners Closes Matrix X at $450M

As anticipated in April (read here), venture capital firm Matrix Partners closed Matrix X, at $450m.

The fund will focus on making early-stage investments in consumer internet, mobile, enterprise software and IT infrastructure ventures.

According to the firm’s blog, this will be their only US investment vehicle (read here the post).

Led by general partner Timothy Barrows, Matrix Partners has offices in Cambridge and Waltham, MA, Palo Alto, CA, Mumbai, India, and Beijing and Shanghai, China, Investments include disruptive companies such as Apple Computer, Aruba, HubSpot, JBoss, Netezza, Phone.com, Polyvore, Starent Networks, Tivoli Systems, Veritas, Zendesk, and Zong.

FinSMEs

09/05/2013

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