Amit Chowdhry | October 28, 2011 | 475 views | Add a Comment
Categorized under BuyWithMe, BuyWithMe.com, Gilt Groupe, Gilt Groupe Inc., Matrix Partners

Gilt Groupe is rumored to be in the final stages to acquire daily deals service BuyWithMe. BuyWithMe laid off over half of their staff last week to attract potential buyers. Matrix Partners is an investor in BuyWithMe and Gilt Groupe. BuyWithMe is expected to be rolled into Gilt Groupe starting November 1st. BuyWithMe was considered to be the number three player in the daily deals market after Groupon and LivingSocial. BuyWithMe is expected to be rolled into Gilt City. [BetaBeat]
Amit Chowdhry | August 25, 2011 | 439 views | Add a Comment
Categorized under Atlas Venture, CloudSwitch, Commonwealth Capital Ventures, Ellen Rubin, Kerry Bailey, Matrix Partners, Terremark Worldwide, Verizon Wireless

Verizon Wireless has acquired cloud computing company CloudSwitch. CloudSwitch acquired $15.4 million in venture capital funding before the acquisition from Atlas Venture, Commonwealth Capital Ventures, and Matrix Partners.

Amit Chowdhry | July 30, 2011 | 343 views | Add a Comment
Categorized under Matrix Partners, TribeHR

TribeHR is a human resources software company that has raised $1 million in seed funding from Matrix Partners. TribeHR’s software was designed for small and medium businesses.

Amit Chowdhry | July 28, 2011 | 355 views | Add a Comment
Categorized under DAG Ventures, Matrix Partners, Taulia, Trinity Ventures

Taulia is an invoicing company that has raised $8.5 million in Series B funding led by DAG Ventures. Matrix Partners and Trinity Ventures also participated in this round. Taulia has now raised a total of $12 million in funding.

Riley Kennysmith | July 25, 2011 | 348 views | Add a Comment
Categorized under CloudBees, InfraDNA, Lightspeed Venture Partners, Marc Fleury, Matrix Partners, Robert Bickel, Stax Networks

Java platform company CloudBees has raised $10.5 million in funding for their cloud-based service. The investments come from Lightspeed Venture Partners and Matrix Partners. CloudBees also previously received funding from Robert Bickel and Marc Fleury. The company turns 1 year old in November and has already acquired companies InfraDNA and Stax Networks. [TechCrunch]
Amit Chowdhry | May 11, 2011 | 773 views | Add a Comment
Categorized under DFJ, Draper Fisher Jurvetson, Eastward Capital, General Atlantic, Gilt Groupe, Goldman Sachs Group Inc., Kevin Ryan, Matrix Partners, New Enterprise Associates, Pinnacle Ventures, Softbank Group, TriplePoint Capital

New York based discount flash sales website Gilt Groupe has raised $138 million in venture capital funding. Investors in this fifth round of funding include Softbank Group, General Atlantic, Matrix Partners, Goldman Sachs, NEA, DFJ Growth, Pinnacle Ventures, TriplePoint Capital, and Eastward Capital.

Amit Chowdhry | March 13, 2011 | 819 views | Add a Comment
Categorized under Brian Halligan, Dharmesh Shah, General Catalyst Partners, Google Ventures, Hubspot, Massachusetts Institute of Technology, Matrix Partners, Salesforce.com, Scale Venture Partners, Sequoia Capital

Brian Halligan and Dharmesh Shah founded HubSpot Inc. in 2006 and they have recently raised $32 million in Series D. The funding was provided by new investors Google Ventures, Sequoia Capital, and Salesforce.com. Existing investors General Catalyst, Matrix Partners, and Scale Venture Partners also participated in this round. HubSpot has raised a total of $65 million thus far.

Amit Chowdhry | December 7, 2010 | 669 views | Add a Comment
Categorized under Benchmark Capital, Charles River Ventures, Matrix Partners, Zendesk

Zendesk has raised $19 million in Series C led by Matrix Partners with participation from Benchmark Capital and Charles River Ventures. Zendesk has raised a total of $25.5 million thus far.
