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 Louisiana

Postmates

Series C in 2015
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Postmates

Series B in 2014
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Postmates

Seed Round in 2011
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

LiveVault

Series C in 2004
LiveVault Corporation, founded in 1993 and based in Los Angeles, California, specializes in providing cloud-based data backup and recovery solutions tailored for companies and organizations across North America. The company offers a range of services including offsite protection combined with local backup, web-based access to protected data, agentless backup across multiple LAN-connected systems, and mirrored data centers to ensure recoverability. LiveVault's solutions are compliant with various regulations such as HIPAA, FERPA, PCI, and GLBA, and have been audited under SOC 2 Type II standards. The company serves enterprises and government entities, delivering automated and continuous backup services over the Internet and private network connections for uninterrupted remote data protection. LiveVault operates data centers in Massachusetts, Louisiana, and Ontario, Canada, and is a subsidiary of j2 Global, Inc.

LiveVault

Venture Round in 2002
LiveVault Corporation, founded in 1993 and based in Los Angeles, California, specializes in providing cloud-based data backup and recovery solutions tailored for companies and organizations across North America. The company offers a range of services including offsite protection combined with local backup, web-based access to protected data, agentless backup across multiple LAN-connected systems, and mirrored data centers to ensure recoverability. LiveVault's solutions are compliant with various regulations such as HIPAA, FERPA, PCI, and GLBA, and have been audited under SOC 2 Type II standards. The company serves enterprises and government entities, delivering automated and continuous backup services over the Internet and private network connections for uninterrupted remote data protection. LiveVault operates data centers in Massachusetts, Louisiana, and Ontario, Canada, and is a subsidiary of j2 Global, Inc.
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