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

Matt Brown

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Investor

Liza Gurtin

Partner

Patrick Malatack

Partner

Hardi Meybaum

General Partner

Kojo Osei

Partner

StaN Reiss

General Partner

Antonio Rodriguez

General Partner

Paul Sherer

Venture Partner

David Su

Managing Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Wan Haoji

Partner

Kevin Xiong

Partner

Past deals in Embedded Software

Baya Systems

Series B in 2025
Baya Systems specializes in innovative chipset-based semiconductor technology. It enhances intelligent computing across diverse applications by breaking down complex designs into smaller, modular components called chiplets.

Chiplego

Seed Round in 2023
Chiplego focuses on embedded high-performance computing systems that assist in the creation of a mobile digital world and a better travel and life experience for everyone.

Eaglechip

Angel Round in 2022
EagleChip is a chip design company specializing in the development and design of Field Programmable Gate Arrays (FPGAs). The company emphasizes research and development as well as the creation of dedicated Electronic Design Automation (EDA) toolchains. Its products are applicable across various industries, including communications, data centers, industrial control, consumer electronics, smart vehicles, video processing, and medical electronics. By providing high-quality FPGA chip solutions, EagleChip aims to meet the diverse needs of its customers while ensuring a domestic supply of advanced technology.

Carbon Design Systems

Series E in 2009
Carbon Design Systems, Inc. is a provider of virtual prototype solutions specifically designed for the development and validation of system-on-chip (SoC) designs. Founded in 2002 and based in Acton, Massachusetts, the company offers a range of products, including Carbon SoC Designer Plus, which facilitates the creation, execution, and analysis of virtual system platforms. Another key offering is Carbon Model Studio, which automates the generation and validation of hardware-accurate software models. Additionally, Carbon Performance Analysis Kits (CPAK) provide pre-built virtual reference platforms for critical performance elements such as processors and memory controllers. The company also supports performance optimization, system validation, and software execution, along with consulting, training, and integration services. Carbon Design Systems caters to systems, semiconductor, and intellectual property companies in sectors like wireless, networking, and consumer electronics, delivering essential tools for architectural analysis and pre-silicon validation.

Solidcore Systems

Series E in 2008
Solidcore Systems, Inc. is a provider of change control software designed for information technology infrastructures. Founded in 2002 and headquartered in Cupertino, California, the company specializes in change audit and configuration control solutions. Its flagship product, S3 Control, is a comprehensive change control solution that enhances IT service availability and ensures regulatory compliance while reducing associated costs and efforts. Additionally, Solidcore offers S3 Control Embedded, a software solution that allows original equipment manufacturers to secure and manage devices, including those operating on the Windows platform. The company maintains a global presence with regional offices in key locations such as London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series E in 2008
Carbon Design Systems, Inc. is a provider of virtual prototype solutions specifically designed for the development and validation of system-on-chip (SoC) designs. Founded in 2002 and based in Acton, Massachusetts, the company offers a range of products, including Carbon SoC Designer Plus, which facilitates the creation, execution, and analysis of virtual system platforms. Another key offering is Carbon Model Studio, which automates the generation and validation of hardware-accurate software models. Additionally, Carbon Performance Analysis Kits (CPAK) provide pre-built virtual reference platforms for critical performance elements such as processors and memory controllers. The company also supports performance optimization, system validation, and software execution, along with consulting, training, and integration services. Carbon Design Systems caters to systems, semiconductor, and intellectual property companies in sectors like wireless, networking, and consumer electronics, delivering essential tools for architectural analysis and pre-silicon validation.

Carbon Design Systems

Series D in 2007
Carbon Design Systems, Inc. is a provider of virtual prototype solutions specifically designed for the development and validation of system-on-chip (SoC) designs. Founded in 2002 and based in Acton, Massachusetts, the company offers a range of products, including Carbon SoC Designer Plus, which facilitates the creation, execution, and analysis of virtual system platforms. Another key offering is Carbon Model Studio, which automates the generation and validation of hardware-accurate software models. Additionally, Carbon Performance Analysis Kits (CPAK) provide pre-built virtual reference platforms for critical performance elements such as processors and memory controllers. The company also supports performance optimization, system validation, and software execution, along with consulting, training, and integration services. Carbon Design Systems caters to systems, semiconductor, and intellectual property companies in sectors like wireless, networking, and consumer electronics, delivering essential tools for architectural analysis and pre-silicon validation.

Solidcore Systems

Series D in 2007
Solidcore Systems, Inc. is a provider of change control software designed for information technology infrastructures. Founded in 2002 and headquartered in Cupertino, California, the company specializes in change audit and configuration control solutions. Its flagship product, S3 Control, is a comprehensive change control solution that enhances IT service availability and ensures regulatory compliance while reducing associated costs and efforts. Additionally, Solidcore offers S3 Control Embedded, a software solution that allows original equipment manufacturers to secure and manage devices, including those operating on the Windows platform. The company maintains a global presence with regional offices in key locations such as London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Solidcore Systems

Series C in 2006
Solidcore Systems, Inc. is a provider of change control software designed for information technology infrastructures. Founded in 2002 and headquartered in Cupertino, California, the company specializes in change audit and configuration control solutions. Its flagship product, S3 Control, is a comprehensive change control solution that enhances IT service availability and ensures regulatory compliance while reducing associated costs and efforts. Additionally, Solidcore offers S3 Control Embedded, a software solution that allows original equipment manufacturers to secure and manage devices, including those operating on the Windows platform. The company maintains a global presence with regional offices in key locations such as London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series C in 2005
Carbon Design Systems, Inc. is a provider of virtual prototype solutions specifically designed for the development and validation of system-on-chip (SoC) designs. Founded in 2002 and based in Acton, Massachusetts, the company offers a range of products, including Carbon SoC Designer Plus, which facilitates the creation, execution, and analysis of virtual system platforms. Another key offering is Carbon Model Studio, which automates the generation and validation of hardware-accurate software models. Additionally, Carbon Performance Analysis Kits (CPAK) provide pre-built virtual reference platforms for critical performance elements such as processors and memory controllers. The company also supports performance optimization, system validation, and software execution, along with consulting, training, and integration services. Carbon Design Systems caters to systems, semiconductor, and intellectual property companies in sectors like wireless, networking, and consumer electronics, delivering essential tools for architectural analysis and pre-silicon validation.

Solidcore Systems

Series B in 2005
Solidcore Systems, Inc. is a provider of change control software designed for information technology infrastructures. Founded in 2002 and headquartered in Cupertino, California, the company specializes in change audit and configuration control solutions. Its flagship product, S3 Control, is a comprehensive change control solution that enhances IT service availability and ensures regulatory compliance while reducing associated costs and efforts. Additionally, Solidcore offers S3 Control Embedded, a software solution that allows original equipment manufacturers to secure and manage devices, including those operating on the Windows platform. The company maintains a global presence with regional offices in key locations such as London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Carbon Design Systems

Series B in 2004
Carbon Design Systems, Inc. is a provider of virtual prototype solutions specifically designed for the development and validation of system-on-chip (SoC) designs. Founded in 2002 and based in Acton, Massachusetts, the company offers a range of products, including Carbon SoC Designer Plus, which facilitates the creation, execution, and analysis of virtual system platforms. Another key offering is Carbon Model Studio, which automates the generation and validation of hardware-accurate software models. Additionally, Carbon Performance Analysis Kits (CPAK) provide pre-built virtual reference platforms for critical performance elements such as processors and memory controllers. The company also supports performance optimization, system validation, and software execution, along with consulting, training, and integration services. Carbon Design Systems caters to systems, semiconductor, and intellectual property companies in sectors like wireless, networking, and consumer electronics, delivering essential tools for architectural analysis and pre-silicon validation.

Solidcore Systems

Series A in 2003
Solidcore Systems, Inc. is a provider of change control software designed for information technology infrastructures. Founded in 2002 and headquartered in Cupertino, California, the company specializes in change audit and configuration control solutions. Its flagship product, S3 Control, is a comprehensive change control solution that enhances IT service availability and ensures regulatory compliance while reducing associated costs and efforts. Additionally, Solidcore offers S3 Control Embedded, a software solution that allows original equipment manufacturers to secure and manage devices, including those operating on the Windows platform. The company maintains a global presence with regional offices in key locations such as London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.
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