MATRIXX Software

TelecomsSeries CFoster City, USmatrixx.com

Latest round

Series C

Last raised

Jan 2018

Total raised

$62M

Investors

9

About MATRIXX Software

Based in the US, MATRIXX Software, Inc.MATRIXX Software, Inc. specializes in delivering innovative billing solutions for telecommunications.MATRIXX Software specializes in providing advanced billing and monetization solutions for the telecommunications industry through its core offerings, including MATRIXX Dynamic Billing and MATRIXX Converged Charging and Monetization. These products leverage a unified, high-performance platform designed to enhance billing processes by allowing for real-time processing of diverse billing items, such as usage-based charges, subscriptions, and one-time fees. The company aims to address the challenges posed by legacy billing systems, which often create operational inefficiencies and hinder innovation. By offering click-not-code configurability, MATRIXX empowers telecommunications companies to swiftly adapt their billing structures to changing market demands and customer needs.MATRIXX Software generates revenue primarily through the sale of its software solutions and services, with a focus on subscriptions and partnerships. Clients typically engage the company through multi-year contracts for its MATRIXX Dynamic Billing platform, which facilitates real-time billing and revenue management tailored to the specific needs of telecommunications operators. Transactions are structured around service agreements that encompass ongoing support, software updates, and additional features as required by the client. MATRIXX also collaborates with partners to offer integrated solutions, enhancing their value proposition in the market.In October 2021, MATRIXX Software, Inc. Specific plans include designing new products, enhancing existing solutions, and targeting expansion in emerging markets over the next few years, although specific release dates and market locations have not been detailed.

Who invested in MATRIXX Software

9 investors across 4 rounds

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Funding rounds

  1. Series C

    Jan 29, 2018

    Amount

    $40M

    Investors

    Locked

  2. Series B

    May 28, 2014

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Sep 30, 2011

    Amount

    $13M

    Investors

    Locked

  4. Series A

    Mar 8, 2010

    Amount

    $9M

    Investors

    Locked

Questions about MATRIXX Software

Who invested in MATRIXX Software?

MATRIXX Software has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MATRIXX Software raised?

MATRIXX Software has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did MATRIXX Software last raise money?

MATRIXX Software's most recent round on record is a Series C, in Jan 2018.

What does MATRIXX Software do?

Based in the US, MATRIXX Software, Inc.

Where is MATRIXX Software headquartered?

MATRIXX Software is headquartered in Foster City, US.

Which VCs invest in companies like MATRIXX Software?

Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at MATRIXX Software's stage. Their profiles are linked below.

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