Matrix

Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco, California. The firm specializes in early-stage investments, supporting companies from the ideation phase through Series A funding. Matrix Partners focuses on various sectors, including applied artificial intelligence, B2B SaaS, digital health, fintech, and sustainable hardware. The firm prides itself on building long-term relationships with entrepreneurs, leveraging a team of former founders and experienced investors to foster significant, industry-leading companies. With a strong portfolio that includes notable investments like Oculus, Zendesk, and Afterpay, Matrix Partners has contributed to the success of numerous businesses, helping many achieve initial public offerings and profitable mergers and acquisitions. The firm combines local market knowledge with a global perspective, consistently ranking among the top venture firms in terms of returns to its investors.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Co-Founder

Wan Haoji

Partner

Patrick Malatack

General Partner

Harry Man

Partner

Kojo Osei

Partner

Kun Qian

Managing Director

Stan Reiss

General Partner

Brian Ru

Venture Partner

Bo Shao

Founding Managing Partner

David Skok

General Partner

Jared Sleeper

Partner

Dana Stalder

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

General Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Andrew Verhalen

General Partner

Huadong Wang

Partner

Kevin Xiong

Partner

Eric YU

Director

Past deals in Hardware

Cysic

Seed Round in 2024
Cysic is a blockchain company that specializes in providing zero-knowledge (ZK) hardware computation. It focuses on delivering real-time ZK proof generation in a manner that is faster, more cost-efficient, and user-friendly. The company develops a hardware design architecture platform aimed at offering hardware acceleration systems for zero-knowledge proof protocols. By utilizing this cryptographic technique, Cysic enables the verification of statements without disclosing their content, thereby facilitating secure transactions. Its innovative solutions are designed to help businesses scale their web-three applications and make advanced blockchain technology more accessible to a wider audience.

Thin Red Line

Angel Round in 2022
Thin Red Line is a technology company building the next-generation personal computing device platform after the smartphone. The company was founded in 2018 and is based in China.

Owl Labs

Series C in 2022
Owl Labs Inc. specializes in developing and manufacturing innovative video conferencing technology, aimed at enhancing communication for hybrid and remote teams. Founded in 2014 and based in Somerville, Massachusetts, the company offers a range of products, including the Meeting Owl and Meeting Owl Pro. These smart conference cameras feature 360° views and advanced audio capabilities, allowing them to automatically focus on the speaker during meetings. Owl Labs' products are compatible with popular video conferencing platforms such as Google Hangouts, Skype, and GoToMeeting. The company's mission is to create inclusive and engaging video experiences that facilitate dynamic discussions in modern organizations.

Dessmann

Series D in 2022
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

MetaX

Series B in 2022
Muxi is dedicated to providing full-stack GPU chips and heterogeneous computing solutions that can be widely used in cutting-edge fields such as artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse, and so on. It builds full-stack GPU chip products, launching MXN series GPUs (Xi Si) for AI reasoning, MXC series GPUs (Xi Yun) for AI training and general computing, and MXG series GPUs (Xi Cai) for graphics rendering, Meet the computing power requirements of data centers for "high energy efficiency" and "high versatility". Mu Xi's products all use independently developed GPU IP, have instruction sets and architectures with completely independent intellectual property rights, and are outfitted with a complete software stack (MACAMACA) compatible with mainstream GPU ecosystems. In September 2020, the company was founded in Shanghai, and it has wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen, and Wuhan.

Vomma

Seed Round in 2022
Vomma specializes in developing advanced light-field camera systems that utilize computational imaging technology to capture multi-dimensional light information instantaneously. Their innovative system features both single-shot and rapid three-dimensional modeling capabilities, employing micro- and nano-precision with millisecond calculation and passive measurement techniques. The camera is designed with hundreds of thousands of micro sensors, meticulously arranged to address challenges in detecting defects in transparent and thin materials, such as LCD and OLED screens, as well as micro metal wires like bonding wires. With independent intellectual property rights, Vomma is positioned at the forefront of this industrial technology, catering to the needs of various sectors requiring high-precision imaging solutions.

Houmo.AI

Series A in 2022
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

NeuraMatrix

Series A in 2021
NeuraMatrix is a developer of advanced brain-computer interface technology that focuses on enhancing human-computer interaction through a comprehensive hardware-software platform. The company aims to facilitate research in brain science and neurological diseases, offering innovative solutions for diagnosis, treatment, and drug development. NeuraMatrix recently secured substantial funding to support its initiatives, which will be allocated toward upgrading research and development equipment, mass production of chips, product iterations, and market promotion. By leveraging its technology, NeuraMatrix seeks to unlock significant commercial applications in the field of neuroscience and improve the integration of users with technological systems.

Dessmann

Series C in 2021
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

Trifo

Series C in 2021
Trifo is an AI home robot company founded in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, China. The company specializes in designing and manufacturing integrated hardware and software systems for indoor home environments, particularly focusing on vacuum robots. These robots possess advanced sensing, perception, and decision-making capabilities, allowing them to interact with and organize home spaces effectively. Trifo's products leverage artificial intelligence to understand the physical and semantic aspects of their surroundings, enabling them to learn new skills over time. Additionally, the company develops software and a Software Development Kit (SDK) to facilitate the integration of its products into user projects, enhancing the overall user experience in home automation.

Houmo.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

Geometrical-Pal

Seed Round in 2021
Geometrical-PAL is a Chinese company focused on the development of autonomous driving technology. It specializes in creating hardware and software solutions for Advanced Driving Assistance Systems (ADAS). The company produces imaging radars and sensors, aiming to enhance safety and efficiency in the development of autonomous and connected vehicles. Through its innovative technology, Geometrical-PAL is positioned to contribute significantly to the advancement of the automotive industry.

Semidrive Technology

Series B in 2021
SemiDrive is a developer of advanced semiconductor products tailored for the automotive industry, focusing on applications such as autonomous driving and smart vehicle technologies. The company specializes in creating high-performance core processor chips and microprocessors designed for intelligent driving systems, including advanced driver-assistance systems (ADAS) and in-car entertainment. By adopting a fabless manufacturing model, SemiDrive emphasizes research and development to provide innovative solutions that address the challenges associated with smart driving chips. Its offerings include intelligent cabin systems and automatic controllers, positioning the company as a key player in the evolution of automotive technology.

AkroStar

Series A in 2021
AkroStar is a technology company specializing in the research, development, and service of advanced semiconductor intellectual property (IP) and design IP cores. The company focuses on creating IP designs for various applications, including smart cars, data centers, high-performance computing, and artificial intelligence technology. By providing process customization, integrated design automation, system verification, and product integration, AkroStar enables users to enhance operational performance and improve efficiency in their chip design and system applications.

MetaX

Seed Round in 2021
Muxi is dedicated to providing full-stack GPU chips and heterogeneous computing solutions that can be widely used in cutting-edge fields such as artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse, and so on. It builds full-stack GPU chip products, launching MXN series GPUs (Xi Si) for AI reasoning, MXC series GPUs (Xi Yun) for AI training and general computing, and MXG series GPUs (Xi Cai) for graphics rendering, Meet the computing power requirements of data centers for "high energy efficiency" and "high versatility". Mu Xi's products all use independently developed GPU IP, have instruction sets and architectures with completely independent intellectual property rights, and are outfitted with a complete software stack (MACAMACA) compatible with mainstream GPU ecosystems. In September 2020, the company was founded in Shanghai, and it has wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen, and Wuhan.

Houmo.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

Snapmaker

Series A in 2021
Snapmaker is dedicated to providing an integrated platform empowering everyone to create things with ease that just wasn’t there before.

NeuraMatrix

Seed Round in 2021
NeuraMatrix is a developer of advanced brain-computer interface technology that focuses on enhancing human-computer interaction through a comprehensive hardware-software platform. The company aims to facilitate research in brain science and neurological diseases, offering innovative solutions for diagnosis, treatment, and drug development. NeuraMatrix recently secured substantial funding to support its initiatives, which will be allocated toward upgrading research and development equipment, mass production of chips, product iterations, and market promotion. By leveraging its technology, NeuraMatrix seeks to unlock significant commercial applications in the field of neuroscience and improve the integration of users with technological systems.

Zhuizhi Technology

Series A in 2021
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, offering integrated smart retail solutions. The company's expertise encompasses store digitization, traffic conversion from offline to online platforms, precise member marketing, and enhancements to the shopping experience. Additionally, Zhuizhi Technology focuses on improving store floor efficiency and internal operations within the retail sector. Its product lineup includes mobile management assistant applets, smart cash registers, and various hardware terminals, all designed to facilitate intelligent management and boost sales efficiency for retail businesses. By addressing both the middle and front office needs, Zhuizhi Technology aims to empower merchants with the tools necessary for effective business management.

Semidrive Technology

Series A in 2020
SemiDrive is a developer of advanced semiconductor products tailored for the automotive industry, focusing on applications such as autonomous driving and smart vehicle technologies. The company specializes in creating high-performance core processor chips and microprocessors designed for intelligent driving systems, including advanced driver-assistance systems (ADAS) and in-car entertainment. By adopting a fabless manufacturing model, SemiDrive emphasizes research and development to provide innovative solutions that address the challenges associated with smart driving chips. Its offerings include intelligent cabin systems and automatic controllers, positioning the company as a key player in the evolution of automotive technology.

Zhuizhi Technology

Seed Round in 2020
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, offering integrated smart retail solutions. The company's expertise encompasses store digitization, traffic conversion from offline to online platforms, precise member marketing, and enhancements to the shopping experience. Additionally, Zhuizhi Technology focuses on improving store floor efficiency and internal operations within the retail sector. Its product lineup includes mobile management assistant applets, smart cash registers, and various hardware terminals, all designed to facilitate intelligent management and boost sales efficiency for retail businesses. By addressing both the middle and front office needs, Zhuizhi Technology aims to empower merchants with the tools necessary for effective business management.

Trifo

Series B in 2020
Trifo is an AI home robot company founded in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, China. The company specializes in designing and manufacturing integrated hardware and software systems for indoor home environments, particularly focusing on vacuum robots. These robots possess advanced sensing, perception, and decision-making capabilities, allowing them to interact with and organize home spaces effectively. Trifo's products leverage artificial intelligence to understand the physical and semantic aspects of their surroundings, enabling them to learn new skills over time. Additionally, the company develops software and a Software Development Kit (SDK) to facilitate the integration of its products into user projects, enhancing the overall user experience in home automation.

Semidrive Technology

Seed Round in 2019
SemiDrive is a developer of advanced semiconductor products tailored for the automotive industry, focusing on applications such as autonomous driving and smart vehicle technologies. The company specializes in creating high-performance core processor chips and microprocessors designed for intelligent driving systems, including advanced driver-assistance systems (ADAS) and in-car entertainment. By adopting a fabless manufacturing model, SemiDrive emphasizes research and development to provide innovative solutions that address the challenges associated with smart driving chips. Its offerings include intelligent cabin systems and automatic controllers, positioning the company as a key player in the evolution of automotive technology.

SENASIC

Series B in 2019
SENASIC is a company based in Shanghai, China, specializing in the research, development, manufacture, and supply of tire pressure monitoring sensors and related high-performance chips for automotive and industrial IoT applications. Founded in 2015, SENASIC's product lineup includes various sensors such as the SNP729, SNP705, SNP739, and the wireless-SNJ306, each designed to measure different parameters like pressure, temperature, and acceleration. The company emphasizes technical expertise in low-power microcontrollers, high-precision analog-to-digital converters, and RF transmission, ensuring the quality and reliability of its products, particularly for automotive use. SENASIC's tire pressure sensors meet AEC-Q10 standards, reflecting its commitment to safety and performance in vehicle applications.

Owl Labs

Series B in 2019
Owl Labs Inc. specializes in developing and manufacturing innovative video conferencing technology, aimed at enhancing communication for hybrid and remote teams. Founded in 2014 and based in Somerville, Massachusetts, the company offers a range of products, including the Meeting Owl and Meeting Owl Pro. These smart conference cameras feature 360° views and advanced audio capabilities, allowing them to automatically focus on the speaker during meetings. Owl Labs' products are compatible with popular video conferencing platforms such as Google Hangouts, Skype, and GoToMeeting. The company's mission is to create inclusive and engaging video experiences that facilitate dynamic discussions in modern organizations.

Markforged

Series D in 2019
Markforged is a company that revolutionizes manufacturing through its advanced 3D metal and continuous carbon fiber printers, designed to produce durable parts suitable for industrial environments. Their unified platform, known as the Digital Forge, integrates hardware, software, and materials, streamlining the process from design to functional part production. Markforged's technology is utilized by engineers, designers, and manufacturing professionals across various sectors, including aerospace, automotive, consumer goods, education, electronics, energy, and defense. The company operates globally, with a presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, making it a key player in the additive manufacturing landscape.

Asensing

Series A in 2019
As a high-precision positioning technology solutions provider focused on autonomous driving, Asensing Technology holds both the capabilities and experience to conduct independent R&D across the entire industry chain to promote and accelerate the advancement of the autonomous driving industry,and has successfully launched a range of high-precision positioning products that meet the strict reliability and quality requirements and availability standards of the automotive industry.

CTRL-Labs

Venture Round in 2019
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

Trifo

Series A in 2018
Trifo is an AI home robot company founded in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, China. The company specializes in designing and manufacturing integrated hardware and software systems for indoor home environments, particularly focusing on vacuum robots. These robots possess advanced sensing, perception, and decision-making capabilities, allowing them to interact with and organize home spaces effectively. Trifo's products leverage artificial intelligence to understand the physical and semantic aspects of their surroundings, enabling them to learn new skills over time. Additionally, the company develops software and a Software Development Kit (SDK) to facilitate the integration of its products into user projects, enhancing the overall user experience in home automation.

PayRange

Convertible Note in 2018
PayRange is a simple mobile payment solution for vending, parking, transit ticketing, laundry, amusement, and more. In under a minute, operators of machines can install the PayRange BluKey without any tools enabling the machine to accept mobile payment. PayRange was founded by long-time industry expert Paresh Patel to provide operators and consumers with the simplest, most accessible mobile payment solution possible. The solution includes a low-cost device that can be retrofitted into virtually any machine enabling it to accept mobile payments via Bluetooth 4.0 (BLE). While PayRange’s system is designed to be extremely simple for the users, the complexity is abstracted behind the scenes. The PayRange system includes three elements: low-cost hardware, free app, and back-end service. Credit cards are processed directly by a PCI compliant provider.

CTRL-Labs

Series B in 2018
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

XGimi

Corporate Round in 2018
XGimi is a Chinese company based in Chengdu that specializes in the design and manufacture of multi-functional projectors and laser TVs. Founded in 2012, XGimi focuses on creating high-performance, high-definition projectors that incorporate an Android operating system and offer three-dimensional viewing capabilities. The company aims to provide affordable giant-screen projection solutions to consumers worldwide, emphasizing innovation and quality in its product offerings.

PayRange

Venture Round in 2017
PayRange is a simple mobile payment solution for vending, parking, transit ticketing, laundry, amusement, and more. In under a minute, operators of machines can install the PayRange BluKey without any tools enabling the machine to accept mobile payment. PayRange was founded by long-time industry expert Paresh Patel to provide operators and consumers with the simplest, most accessible mobile payment solution possible. The solution includes a low-cost device that can be retrofitted into virtually any machine enabling it to accept mobile payments via Bluetooth 4.0 (BLE). While PayRange’s system is designed to be extremely simple for the users, the complexity is abstracted behind the scenes. The PayRange system includes three elements: low-cost hardware, free app, and back-end service. Credit cards are processed directly by a PCI compliant provider.

CTRL-Labs

Series A in 2017
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

Owl Labs

Series A in 2017
Owl Labs Inc. specializes in developing and manufacturing innovative video conferencing technology, aimed at enhancing communication for hybrid and remote teams. Founded in 2014 and based in Somerville, Massachusetts, the company offers a range of products, including the Meeting Owl and Meeting Owl Pro. These smart conference cameras feature 360° views and advanced audio capabilities, allowing them to automatically focus on the speaker during meetings. Owl Labs' products are compatible with popular video conferencing platforms such as Google Hangouts, Skype, and GoToMeeting. The company's mission is to create inclusive and engaging video experiences that facilitate dynamic discussions in modern organizations.

Trifo

Series A in 2017
Trifo is an AI home robot company founded in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, China. The company specializes in designing and manufacturing integrated hardware and software systems for indoor home environments, particularly focusing on vacuum robots. These robots possess advanced sensing, perception, and decision-making capabilities, allowing them to interact with and organize home spaces effectively. Trifo's products leverage artificial intelligence to understand the physical and semantic aspects of their surroundings, enabling them to learn new skills over time. Additionally, the company develops software and a Software Development Kit (SDK) to facilitate the integration of its products into user projects, enhancing the overall user experience in home automation.

Markforged

Series B in 2016
Markforged is a company that revolutionizes manufacturing through its advanced 3D metal and continuous carbon fiber printers, designed to produce durable parts suitable for industrial environments. Their unified platform, known as the Digital Forge, integrates hardware, software, and materials, streamlining the process from design to functional part production. Markforged's technology is utilized by engineers, designers, and manufacturing professionals across various sectors, including aerospace, automotive, consumer goods, education, electronics, energy, and defense. The company operates globally, with a presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, making it a key player in the additive manufacturing landscape.

ICHUNT.COM

Series A in 2016
ICHunt.com is a B2B trading platform based in Shenzhen, China, specializing in global electronic components. Launched in 2015, it serves small and medium-sized microelectronics enterprises, offering a comprehensive range of off-the-shelf electronic components and services. The platform facilitates the entire process of sourcing electronic components, including search selection, purchasing, consignment, and delivery. By utilizing digital technologies, big data, and artificial intelligence, ICHunt.com enhances inventory turnover and procurement efficiency for its users. This approach aims to streamline the supply chain and reduce transaction costs, ultimately supporting the operational needs of businesses in the electronic component sector.

ICHUNT.COM

Seed Round in 2015
ICHunt.com is a B2B trading platform based in Shenzhen, China, specializing in global electronic components. Launched in 2015, it serves small and medium-sized microelectronics enterprises, offering a comprehensive range of off-the-shelf electronic components and services. The platform facilitates the entire process of sourcing electronic components, including search selection, purchasing, consignment, and delivery. By utilizing digital technologies, big data, and artificial intelligence, ICHunt.com enhances inventory turnover and procurement efficiency for its users. This approach aims to streamline the supply chain and reduce transaction costs, ultimately supporting the operational needs of businesses in the electronic component sector.

PayRange

Series A in 2015
PayRange is a simple mobile payment solution for vending, parking, transit ticketing, laundry, amusement, and more. In under a minute, operators of machines can install the PayRange BluKey without any tools enabling the machine to accept mobile payment. PayRange was founded by long-time industry expert Paresh Patel to provide operators and consumers with the simplest, most accessible mobile payment solution possible. The solution includes a low-cost device that can be retrofitted into virtually any machine enabling it to accept mobile payments via Bluetooth 4.0 (BLE). While PayRange’s system is designed to be extremely simple for the users, the complexity is abstracted behind the scenes. The PayRange system includes three elements: low-cost hardware, free app, and back-end service. Credit cards are processed directly by a PCI compliant provider.

Shu Dongpo

Angel Round in 2014
Shu Dongpo provides fresh food information solutions by integrating software, hardware, and consulting. Their products are appropriate for fresh food distribution, central kitchens, group dining halls, restaurants, and hotels, among other applications.

Vargo

Angel Round in 2014
Vargo Technology specializes in the development of security system products aimed at enhancing mobile data security. The company offers a range of software and hardware solutions designed for communication security, with a primary focus on software capabilities complemented by hardware support. Their offerings include big data processing models, system security, and data encryption technologies, which encompass server-side security systems, transmission encryption systems, and terminal security systems. These solutions cater to mobile phones and communications companies, providing a comprehensive suite of tools for effective data protection and communication security.

Markforged

Series A in 2014
Markforged is a company that revolutionizes manufacturing through its advanced 3D metal and continuous carbon fiber printers, designed to produce durable parts suitable for industrial environments. Their unified platform, known as the Digital Forge, integrates hardware, software, and materials, streamlining the process from design to functional part production. Markforged's technology is utilized by engineers, designers, and manufacturing professionals across various sectors, including aerospace, automotive, consumer goods, education, electronics, energy, and defense. The company operates globally, with a presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, making it a key player in the additive manufacturing landscape.

Qualtré

Series C in 2014
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive sectors. Established in 2008 and headquartered in Marlborough, Massachusetts, the company specializes in creating both analog and digital output three-axis angular rate sensor/gyroscope and single-axis MEMS gyroscopes. Its products serve diverse applications, including consumer electronics, navigation, platform stabilization, health and fitness monitoring, automotive systems, gaming, and indoor location services. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology, which aims to deliver high performance at a competitive cost while ensuring environmental resilience. The company's intellectual property portfolio includes numerous patents related to product architecture and manufacturing processes. With a management team experienced in MEMS and semiconductor technologies, Qualtré has built a strong engineering team skilled in various aspects of MEMS product development, positioning itself strategically in an area rich in engineering talent.

Phantom

Series A in 2013
Phantom Smart is a research and development design service provider of autonomic 2.4G network-based household products. The company’s flagship product is the Phantom Smart Maiden Voyage Set that includes two smart lights (Nova), a wireless switch (Stick and press), an environmental control (EcoTower), and a gateway (TelePort). These products allow users to remotely control the AC, check home temperature and humidity, and check if there are harmful gases present in homes. Through digitization of homes, Phantom Smart provides more life possibilities for users.

Heptagon Advanced Micro Optics

Series F in 2013
Heptagon provides intelligent micro optics systems for smart devices.Their industry leadership in imaging, light and sensors results from a unique combination of wafer-level integration, pragmatic innovation, total supply chain control, a culture of integrity, and a 20+ year track record of delivering breakthrough technologies to leading OEMs.

Markforged

Seed Round in 2013
Markforged is a company that revolutionizes manufacturing through its advanced 3D metal and continuous carbon fiber printers, designed to produce durable parts suitable for industrial environments. Their unified platform, known as the Digital Forge, integrates hardware, software, and materials, streamlining the process from design to functional part production. Markforged's technology is utilized by engineers, designers, and manufacturing professionals across various sectors, including aerospace, automotive, consumer goods, education, electronics, energy, and defense. The company operates globally, with a presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, making it a key player in the additive manufacturing landscape.

Acacia

Series B in 2013
Acacia Communications, Inc. is a provider of high-speed coherent optical interconnect products, headquartered in Maynard, Massachusetts. Founded in 2009, the company develops, manufactures, and sells embedded and pluggable modules that facilitate optical interconnections, with transmission speeds ranging from 100 to 1,200 gigabits per second. These products are designed for use in long-haul, metro, and inter-data center markets. In addition to optical modules, Acacia offers semiconductor products, including low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits, which are integrated into their modules. The company markets its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers across the United States, China, Germany, Thailand, and other international locations.

Heptagon Advanced Micro Optics

Series E in 2012
Heptagon provides intelligent micro optics systems for smart devices.Their industry leadership in imaging, light and sensors results from a unique combination of wafer-level integration, pragmatic innovation, total supply chain control, a culture of integrity, and a 20+ year track record of delivering breakthrough technologies to leading OEMs.

Xiaomi Technology

Series C in 2012
Xiaomi Corporation is a technology company headquartered in Beijing, China, founded in 2010. It specializes in manufacturing and marketing smartphones, consumer electronics, and Internet of Things (IoT) products. Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment includes a range of Android-based devices, while the IoT and Lifestyle Products segment features smart TVs, laptops, AI speakers, and various smart hardware. Additionally, Xiaomi provides Internet services such as advertising and value-added services. The company has expanded its presence internationally and is a leading smartphone brand in India and increasing its market share in Europe. Xiaomi is known for its commitment to innovation and customer feedback, which informs its product development. It sells its products through online platforms and retail stores across multiple countries.

MinuteKey

Venture Round in 2011
minuteKEY makes the world's first self-service key duplication machine. The minuteKEY founders spent several years fine-tuning the technology to create a highly accurate, reliable and easy-to-use key-cutting device. The finished product is a high-tech achievement, combining innovations in robotics, electronics and software engineering. minuteKEY has several patents pending protecting these innovations. The current company was established with funding from prominent angel and venture capital investors, and today minuteKEY machines are located in high-traffic locations of some of the nation's largest retailers.

Qualtré

Series B in 2010
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive sectors. Established in 2008 and headquartered in Marlborough, Massachusetts, the company specializes in creating both analog and digital output three-axis angular rate sensor/gyroscope and single-axis MEMS gyroscopes. Its products serve diverse applications, including consumer electronics, navigation, platform stabilization, health and fitness monitoring, automotive systems, gaming, and indoor location services. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology, which aims to deliver high performance at a competitive cost while ensuring environmental resilience. The company's intellectual property portfolio includes numerous patents related to product architecture and manufacturing processes. With a management team experienced in MEMS and semiconductor technologies, Qualtré has built a strong engineering team skilled in various aspects of MEMS product development, positioning itself strategically in an area rich in engineering talent.

Acacia

Series A in 2009
Acacia Communications, Inc. is a provider of high-speed coherent optical interconnect products, headquartered in Maynard, Massachusetts. Founded in 2009, the company develops, manufactures, and sells embedded and pluggable modules that facilitate optical interconnections, with transmission speeds ranging from 100 to 1,200 gigabits per second. These products are designed for use in long-haul, metro, and inter-data center markets. In addition to optical modules, Acacia offers semiconductor products, including low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits, which are integrated into their modules. The company markets its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers across the United States, China, Germany, Thailand, and other international locations.

Acacia

Seed Round in 2009
Acacia Communications, Inc. is a provider of high-speed coherent optical interconnect products, headquartered in Maynard, Massachusetts. Founded in 2009, the company develops, manufactures, and sells embedded and pluggable modules that facilitate optical interconnections, with transmission speeds ranging from 100 to 1,200 gigabits per second. These products are designed for use in long-haul, metro, and inter-data center markets. In addition to optical modules, Acacia offers semiconductor products, including low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits, which are integrated into their modules. The company markets its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers across the United States, China, Germany, Thailand, and other international locations.

Atria Software

Seed Round in 2009
Atria Software is a provider of design engineering services, specializing in medical imaging, multimedia, storage, and networking. The company offers HW/SW intellectual property (IP) products and solutions for multimedia processing and system-on-chip designs. Atria Software was founded in 2008.

Qualtré

Series A in 2008
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive sectors. Established in 2008 and headquartered in Marlborough, Massachusetts, the company specializes in creating both analog and digital output three-axis angular rate sensor/gyroscope and single-axis MEMS gyroscopes. Its products serve diverse applications, including consumer electronics, navigation, platform stabilization, health and fitness monitoring, automotive systems, gaming, and indoor location services. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology, which aims to deliver high performance at a competitive cost while ensuring environmental resilience. The company's intellectual property portfolio includes numerous patents related to product architecture and manufacturing processes. With a management team experienced in MEMS and semiconductor technologies, Qualtré has built a strong engineering team skilled in various aspects of MEMS product development, positioning itself strategically in an area rich in engineering talent.

Crossbeam Systems

Series F in 2008
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

Crossbeam Systems

Series F in 2007
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

ColdWatt

Series B in 2006
ColdWatt, Inc. designs, develops, and manufactures power converters for computing, telecommunications, and networking applications. It offers its products to OEMs, IT managers, and systems designers. The company was formerly known as GTI Power Systems and changed its name in March, 2005. The company was incorporated in 2004 and is headquartered in Austin, Texas with additional offices in Taiwan; San Jose, California; and Houston, Texas. It has operations in Shenzen, China, as well as design centers in Dallas, Texas; and Bangalore, India.

Crossbeam Systems

Series E in 2005
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

ColdWatt

Series A in 2005
ColdWatt, Inc. designs, develops, and manufactures power converters for computing, telecommunications, and networking applications. It offers its products to OEMs, IT managers, and systems designers. The company was formerly known as GTI Power Systems and changed its name in March, 2005. The company was incorporated in 2004 and is headquartered in Austin, Texas with additional offices in Taiwan; San Jose, California; and Houston, Texas. It has operations in Shenzen, China, as well as design centers in Dallas, Texas; and Bangalore, India.

Sandburst

Series E in 2005
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

Crossbeam Systems

Series D in 2004
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

Sandburst

Series C in 2004
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

Crossbeam Systems

Series C in 2003
Crossbeam Systems, Inc. provides next-generation security platforms for high-performance networks. It transforms the way enterprises, service providers, and government agencies architect and deliver security services. Its security platforms allow companies to consolidate racks of security appliances and network equipment, such as switches and load balancers; virtualizes the deployment and delivery of security applications; and simplify the delivery of security services. The company also integrates hardware with third-party security applications, such as firewalls, virtual private networks, intrusion detection and prevention systems, anti-virus, URL filtering, and content scanning at various performance levels. In addition, it offers SecureShore NMS, a multi-element network management system for multi-box configuration, OS backup and restore, reporting, application distribution, and event scheduling. The company offers firewall, content gateway, virtual security, and security virtualization and consolidation solutions; and professional, training and education, and online support services. Its customers include financial institutions, pharmaceutical companies, government agencies, universities, media organizations, manufacturers, and retailers. Crossbeam Systems, Inc. was founded in 2000 and is headquartered in Boxborough, Massachusetts with additional offices in Europe and the Asia Pacific. The company also operates an authorized training center in Mexico City.

Sandburst

Series B in 2001
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

SnowShore Networks

Series B in 2001
SnowShore Networks specializes in developing scalable, IP-optimized networking components that support the convergence of real-time media services with IP networks. The company creates Internet Protocol (IP) enhanced communications infrastructure equipment, including technology media servers and media firewalls. These products are designed for leading original equipment manufacturers (OEMs) and VoIP service providers, enabling them to enhance their service offerings and improve communication capabilities. SnowShore Networks focuses on delivering reliable and efficient solutions for the evolving demands of digital communications.

Sandburst

Series A in 2000
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

Sandburst

Seed Round in 2000
Sandburst Corporation is a fabless semiconductor company specializing in innovative technologies for designing complex integrated circuits. The company focuses on developing very-large-scale integration (VLSI) solutions tailored for data communications and IP networking. Sandburst's products include wire-speed IP packet processing components, which offer a robust foundation for high-performance systems while significantly reducing development costs and accelerating time-to-market for its customers. By providing scalable semiconductor solutions for packet switching and routing systems, Sandburst caters to the evolving needs of the communications and data networking markets.

Spring Tide

Series C in 2000
Spring Tide is a Texas-based computer hardware company.

Alteon Websystems

Venture Round in 1999
Alteon Websystems is a computer network hardware company that provides internet infrastructure solutions enabling e-businesses to meet their increasing demands. The company’s portfolio of web data center products includes switches, server adapters, and software that are optimized to meet the specific challenges of managing web application traffic and provide high performance network infrastructure solutions. Alteo Websystems was founded in 1996 and is headquartered in San Jose, California.

Grand Junction Networks

Series B in 1994
Grand Junction Networks designs and manufactures high-speed LANs for workgroups. Its solutions are designed to connect server farms or power workgroups with fiber-optic backbones. Grand Junction Networks was founded in 1992 and is based in Fremont, California.

E-mu Systems

Venture Round in 1990
E-mu Systems is a developer and manufacturer of digital audio products tailored for musicians and audio professionals. The company specializes in designing and marketing a diverse range of products, including audio interfaces, software instruments, digital audio systems, performance keyboards, wireless products, and accessories. E-mu Systems aims to provide premium studio-grade audiophile reference headphones that prioritize comfort and flexibility. These headphones feature a lightweight frame and an adjustable leather headband designed for optimal fit, catering to discerning music listeners. The company's products are available through online platforms, local retail stores, and distributors, ensuring accessibility for its target audience.

SanDisk

Series B in 1989
SanDisk LLC is a multinational corporation that designs, develops, manufactures, and markets data storage solutions worldwide, with a headquarters in Milpitas, California. Founded in 1988, the company offers a diverse range of products including solid state drives (SSDs) for client computing applications, removable memory cards for digital cameras, smartphones, and tablets, as well as embedded storage solutions used in mobile devices and automotive applications. Under various brand names such as SanDisk Ultra, SanDisk Extreme, and iNAND, the company's products cater to both consumer and enterprise markets. SanDisk also provides USB flash drives, digital media players, and wireless storage solutions. The company sells its products directly and through a network of distributors, serving original equipment manufacturers, system integrators, resellers, and retail outlets. In 2016, SanDisk became a subsidiary of Western Digital Corporation.

Xilinx

Pre Seed Round in 1984
Xilinx, Inc. is a leading designer and developer of programmable devices and associated technologies, primarily known for its invention of the field-programmable gate array (FPGA) and the adaptive compute acceleration platform (ACAP). Founded in 1984 and headquartered in San Jose, California, Xilinx produces a range of integrated circuits, including programmable logic devices (PLDs) and system on chips. The company offers comprehensive software design tools, development kits, and targeted reference designs to facilitate the creation of domain-specific applications. Its products serve various markets, including data centers, wireless and wireline communications, aerospace and defense, automotive, and consumer electronics. Xilinx also provides technical support and training services to enhance customer engagement. The company collaborates with partners to address emerging challenges, such as cybersecurity for cloud computing and data centers. Xilinx’s chips are integral to the performance and innovation of devices across numerous industries, underscoring its pivotal role in driving technological advancement.

Apple

Seed Round in 1977
Apple is a multinational corporation that designs, manufactures, and markets a range of consumer electronics and software products. Its primary offerings include the iPhone, iPad, Mac computers, Apple Watch, and Apple TV, which are complemented by a suite of software applications, operating systems such as iOS and macOS, and services like iCloud. Established in 1976 by Steven Jobs, Steve Wozniak, and Ronald Wayne, Apple has built a reputation for innovation, exemplified by the introduction of the Macintosh, the first widely sold personal computer with a graphical user interface. The company operates globally, selling its products through retail and online stores, as well as through third-party carriers and resellers. With a focus on creating an integrated ecosystem, Apple continues to expand its offerings in areas such as streaming services and augmented reality, while its hardware and software are designed to work seamlessly together. Headquartered in Cupertino, California, Apple ranks among the largest and most admired companies worldwide.
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