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Matrix Partners Snapshot
You won't see Matrix Partners working behind the scenes of the New Economy, but it's there. Founded in 1977, the venture capital firm primarily funds startups in the software, Internet infrastructure, communications equipment, and semiconductor markets. The company likes to get in on the ground floor of a new business, and it enjoyed success even during the tech wreck because it generally stays away from dot-coms. Its Matrix Partners India fund invests in a range of industries (not just tech) in that country. Matrix, which typically invests more than $10 million per company in a series of stages, has offices in the high-tech hotbeds of the Silicon Valley and Boston. It opened an office in Beijing in 2008.
