History
Tracing its roots to 1977, Matrix was an active player in the development of the venture capital industry in the 1980s. The firm's direct predecessor, Hellman Ferri Investment Associates (1977 to 1982), was founded by Paul J. Ferri and Warren Hellman, founder of San Francisco based private equity firm, Hellman & Friedman.
Among the firm's notable investments, Matrix Partners was an early stage investor in Apple Inc., Arrowpoint Communications, Digium, JBoss, JustFab, PSINet, SanDisk, Silverstream Software, TheLadders.com, Sonus Networks, Tivoli Software, Tollbridge Technologies, VERITAS Software, Vermeer Technologies Incorporated, and Xilinx.
In 1985, Matrix raised its first institutional private equity fund. Since then, Matrix has raised nine funds with total investor commitments of $2.4 billion. In 2001, Matrix Partners completed fundraising for Matrix Partners VII, a $1 billion venture capital fund. In 2006, Matrix raised Matrix Partners VIII fund, with $445 million of investor commitments. In 2006, Matrix also raised a separate $150 million India fund. In July 2009, Matrix Partners raised Matrix IX fund with $600m.
Read more about this topic: Matrix Partners
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“We aspire to be something more than stupid and timid chattels, pretending to read history and our Bibles, but desecrating every house and every day we breathe in.”
—Henry David Thoreau (1817–1862)
“Gossip is charming! History is merely gossip. But scandal is gossip made tedious by morality.”
—Oscar Wilde (1854–1900)
“The principal office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–c. 120)