MATRIXX Software Receives $12,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0dd9611-4930-44b2-b2d6-23c1dee6f9e9&Preview=1 - Date
10/11/2011 - Company Name
MATRIXX Software - Mailing Address
779 E. Evelyn Ave Mountain View, CA 94041 - Company Description
MATRIXX Software was formed to develop solutions that help Service Providers (SPs) address the growing volume and complexity of services that require online charging. Data and media services are exploding, yet revenue per transaction and ARPUs are declining. This means that SPs must process more and more usage for every dollar of revenue earned. - Website
http://www.matrixxsw.com - Transaction Type
Venture Equity - Transaction Amount
$12,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Funds will be used to continue the expansion of the MATRIXX Software technology footprint, increase sales presence in Europe and the US, and also expand sales presence to the Southeast Asia and Pacific regions. - M&A Terms
- Venture Investor
Innovacom - Venture Investor
Adams Street Partners
