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| Founders | Jennifer Kyriakakis Dave Labuda |
|---|---|
| Headquarters | Saratoga, California |
| Website | matrixx |
Matrixx Software is a digital commerce platform company.
Matrixx Software was founded by Jennifer Kyriakakis [1] and Dave Labuda [2] in 2009. [3] Labuda serves as the company's CTO and CEO, [4] and Kyriakakis serves as the company's VP Marketing. The company is based in Saratoga, California. [2]
Matrixx produces a digital commerce platform used by large telecom companies for the management of operations support systems and business support systems. [5] It runs on premises, in private cloud/NFV environments and in the public cloud. One focus of the company is to aid in the billing of daily transactions processed for mobile devices, [2] attempting to improve the cost/revenue margin of billing for client companies. [6] Matrixx also polls mobile users regarding their views of mobile telecom companies. [7]
In 2016, Matrixx received $5 million in financing from PLDT Capital, acquiring 4% of the company. [8] In 2018 the company raised $40 million in a series C round of funding led by Sutter Hill Ventures, with investors including CK Hutchison Holdings, bringing the company's total financing to $100 million. Other investors in the company have included the venture capital arms of Telstra and Swisscom [2] and Innovacom.
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