Matrix Partners

Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco that backs early-stage and Series A technology companies across sectors such as artificial intelligence, B2B software, consumer technology, fintech, health tech, infrastructure, and semiconductors. The firm emphasizes practical, founder-centered collaboration, often supporting concepts from idea stage through Series A and taking board seats to help portfolio companies scale. It operates globally, including Matrix Partners China, which focuses on long-term relationships with entrepreneurs in China and has a track record of IPOs and strategic exits. The team combines former founders and experienced investors to bring local execution and global perspective. Notable investments span across the technology landscape, reflecting a history of involvement with companies like FedEx, Apple, Oculus, Canva, Zendesk, HubSpot, Postmates, Fivetran, Sila, and GOAT, illustrating the firm’s ability to support companies from early development to scale.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Investor

Past deals in Asia Pacific

QingCloud

Series B in 2014
QingCloud is a Beijing-based cloud computing company that provides IaaS-based cloud services for enterprises, featuring private networking, second-based billing, an open API, comprehensive monitoring, and real-time copy security policies. The company aims to deliver autonomous, controllable, neutral, reliable, high-performance, flexible, and open cloud solutions for enterprise users. It was founded by Spencer, Reno, and Richard, who previously worked at Tencent, Baidu, and IBM, and is led by CEO Richard. QingCloud seeks to become a world-class cloud platform and plans to expand into the Asia-Pacific region and overseas.

HubSpot

Series D in 2011
HubSpot is a cloud-based growth platform that provides marketing, sales, and customer service software for businesses worldwide. Its offerings include a suite of applications such as customer relationship management, search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk, customer NPS surveys, analytics, and reporting. The platform can be used as standalone modules or as an integrated package, enabling inbound marketing and sales processes that attract visitors, convert leads, and close customers. HubSpot serves mid-market B2B customers and emphasizes helping organizations grow better. Founded in 2006, the company is headquartered in Cambridge, Massachusetts, and serves the Americas, Europe, and the Asia Pacific region, with professional, phone, email, and chat support available.

HubSpot

Series C in 2009
HubSpot is a cloud-based growth platform that provides marketing, sales, and customer service software for businesses worldwide. Its offerings include a suite of applications such as customer relationship management, search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk, customer NPS surveys, analytics, and reporting. The platform can be used as standalone modules or as an integrated package, enabling inbound marketing and sales processes that attract visitors, convert leads, and close customers. HubSpot serves mid-market B2B customers and emphasizes helping organizations grow better. Founded in 2006, the company is headquartered in Cambridge, Massachusetts, and serves the Americas, Europe, and the Asia Pacific region, with professional, phone, email, and chat support available.

HubSpot

Series B in 2008
HubSpot is a cloud-based growth platform that provides marketing, sales, and customer service software for businesses worldwide. Its offerings include a suite of applications such as customer relationship management, search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk, customer NPS surveys, analytics, and reporting. The platform can be used as standalone modules or as an integrated package, enabling inbound marketing and sales processes that attract visitors, convert leads, and close customers. HubSpot serves mid-market B2B customers and emphasizes helping organizations grow better. Founded in 2006, the company is headquartered in Cambridge, Massachusetts, and serves the Americas, Europe, and the Asia Pacific region, with professional, phone, email, and chat support available.

Crossbeam Systems

Series F in 2008
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

Crossbeam Systems

Series F in 2007
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

Camiant

Series C in 2007
Camiant, Inc. specializes in policy control and application assurance technology, catering primarily to broadband operators across Europe, the Middle East, and the Asia Pacific. The company's key offerings include the Multimedia Policy Engine, which delivers real-time intelligence and control for broadband networks, and the Bandwidth on Demand Application Manager, designed to facilitate the integration of new applications into access networks. Additionally, Camiant provides a SIP Application Manager that assists network providers in managing SIP resources, and the QInsight management reporting application, which aggregates usage data to offer insights on network performance and subscriber distribution. The Universal Edge Resource Manager allows for efficient sharing of edge resources among services such as video on demand, while the Fair Use Management solution aids cable operators in monitoring and managing broadband utilization. Camiant was previously known as Chameleon Solutions, Inc.

WatchGuard Technologies

Private Equity Round in 2006
WatchGuard Technologies, Inc. specializes in providing unified threat management solutions tailored for businesses of various sizes. Founded in 1996 and headquartered in Seattle, Washington, the company offers a comprehensive range of security products, including firewall appliances, virtual private networks (VPN), and multi-factor authentication. Its flagship product, the WatchGuard extensible threat management (XTM) appliance, combines multiple security features such as stateful packet firewall, zero-day attack prevention, anti-spyware, anti-spam, anti-virus, intrusion prevention, and URL filtering into a single integrated device. By focusing on simplicity and accessibility, WatchGuard aims to empower midmarket businesses and distributed enterprises to effectively shield themselves from emerging cybersecurity threats. The company operates globally with additional offices in North America, Europe, the Asia Pacific, and Latin America, and it functions as a subsidiary of Gladiator Corporation.

HPE Aruba Networking

Series D in 2005
Aruba is a provider of network access services that focuses on enhancing enterprise connectivity for users across various locations. The company specializes in unified mobility networks, which integrate adaptive WLANs, identity-based security, and application continuity services into a comprehensive system. This approach allows organizations to extend the capabilities of traditional port-centric networks, ensuring high-performance connectivity and accessibility to critical information. Aruba's solutions enable follow-me connectivity and security, adapting to users regardless of their access method or location. Additionally, the company offers mobility application services and access management tailored for organizations that rely on cloud-based applications for their operations. With a presence in the Americas, Europe, the Middle East, and Asia Pacific, Aruba is positioned to support businesses in redefining their intelligent edge through enhanced mobility and IoT systems.

Redline Communications

Series D in 2005
Redline Communications specializes in advanced wireless broadband products, with over 150,000 installations across 130 countries. They serve service providers, enterprises, and governments, offering solutions like the AN-80i, RDL-2000, and RDL-3000 product line to deliver high-bandwidth services.

Crossbeam Systems

Series E in 2005
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

Camiant

Series B in 2005
Camiant, Inc. specializes in policy control and application assurance technology, catering primarily to broadband operators across Europe, the Middle East, and the Asia Pacific. The company's key offerings include the Multimedia Policy Engine, which delivers real-time intelligence and control for broadband networks, and the Bandwidth on Demand Application Manager, designed to facilitate the integration of new applications into access networks. Additionally, Camiant provides a SIP Application Manager that assists network providers in managing SIP resources, and the QInsight management reporting application, which aggregates usage data to offer insights on network performance and subscriber distribution. The Universal Edge Resource Manager allows for efficient sharing of edge resources among services such as video on demand, while the Fair Use Management solution aids cable operators in monitoring and managing broadband utilization. Camiant was previously known as Chameleon Solutions, Inc.

HPE Aruba Networking

Series C in 2004
Aruba is a provider of network access services that focuses on enhancing enterprise connectivity for users across various locations. The company specializes in unified mobility networks, which integrate adaptive WLANs, identity-based security, and application continuity services into a comprehensive system. This approach allows organizations to extend the capabilities of traditional port-centric networks, ensuring high-performance connectivity and accessibility to critical information. Aruba's solutions enable follow-me connectivity and security, adapting to users regardless of their access method or location. Additionally, the company offers mobility application services and access management tailored for organizations that rely on cloud-based applications for their operations. With a presence in the Americas, Europe, the Middle East, and Asia Pacific, Aruba is positioned to support businesses in redefining their intelligent edge through enhanced mobility and IoT systems.

Redline Communications

Venture Round in 2004
Redline Communications specializes in advanced wireless broadband products, with over 150,000 installations across 130 countries. They serve service providers, enterprises, and governments, offering solutions like the AN-80i, RDL-2000, and RDL-3000 product line to deliver high-bandwidth services.

HPE Aruba Networking

Debt Financing in 2004
Aruba is a provider of network access services that focuses on enhancing enterprise connectivity for users across various locations. The company specializes in unified mobility networks, which integrate adaptive WLANs, identity-based security, and application continuity services into a comprehensive system. This approach allows organizations to extend the capabilities of traditional port-centric networks, ensuring high-performance connectivity and accessibility to critical information. Aruba's solutions enable follow-me connectivity and security, adapting to users regardless of their access method or location. Additionally, the company offers mobility application services and access management tailored for organizations that rely on cloud-based applications for their operations. With a presence in the Americas, Europe, the Middle East, and Asia Pacific, Aruba is positioned to support businesses in redefining their intelligent edge through enhanced mobility and IoT systems.

Crossbeam Systems

Series D in 2004
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

HPE Aruba Networking

Series B in 2003
Aruba is a provider of network access services that focuses on enhancing enterprise connectivity for users across various locations. The company specializes in unified mobility networks, which integrate adaptive WLANs, identity-based security, and application continuity services into a comprehensive system. This approach allows organizations to extend the capabilities of traditional port-centric networks, ensuring high-performance connectivity and accessibility to critical information. Aruba's solutions enable follow-me connectivity and security, adapting to users regardless of their access method or location. Additionally, the company offers mobility application services and access management tailored for organizations that rely on cloud-based applications for their operations. With a presence in the Americas, Europe, the Middle East, and Asia Pacific, Aruba is positioned to support businesses in redefining their intelligent edge through enhanced mobility and IoT systems.

Camiant

Series A in 2003
Camiant, Inc. specializes in policy control and application assurance technology, catering primarily to broadband operators across Europe, the Middle East, and the Asia Pacific. The company's key offerings include the Multimedia Policy Engine, which delivers real-time intelligence and control for broadband networks, and the Bandwidth on Demand Application Manager, designed to facilitate the integration of new applications into access networks. Additionally, Camiant provides a SIP Application Manager that assists network providers in managing SIP resources, and the QInsight management reporting application, which aggregates usage data to offer insights on network performance and subscriber distribution. The Universal Edge Resource Manager allows for efficient sharing of edge resources among services such as video on demand, while the Fair Use Management solution aids cable operators in monitoring and managing broadband utilization. Camiant was previously known as Chameleon Solutions, Inc.

Crossbeam Systems

Series C in 2003
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

HPE Aruba Networking

Series A in 2002
Aruba is a provider of network access services that focuses on enhancing enterprise connectivity for users across various locations. The company specializes in unified mobility networks, which integrate adaptive WLANs, identity-based security, and application continuity services into a comprehensive system. This approach allows organizations to extend the capabilities of traditional port-centric networks, ensuring high-performance connectivity and accessibility to critical information. Aruba's solutions enable follow-me connectivity and security, adapting to users regardless of their access method or location. Additionally, the company offers mobility application services and access management tailored for organizations that rely on cloud-based applications for their operations. With a presence in the Americas, Europe, the Middle East, and Asia Pacific, Aruba is positioned to support businesses in redefining their intelligent edge through enhanced mobility and IoT systems.
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