Matrix Partners

Former Formation 8 GP Shirish Sathaye joins Cervin Ventures

Shirish Sathaye has joined the enterprise-focused VC Cervin Ventures as a general partner. He remains a partner in Formation 8's second fund.

The ambitious real estate ‘unicorn’ Opendoor just made its first acquisition, snapping up Open Listings

Opendoor, a four year-old, San Francisco-based company, has from the outset intended to make it possible to buy and sell residential real estate with a few key strokes. It seemingly gets closer to tha

New unicorn Klook raises $200M to expand its travel activities platform worldwide

Klook, a Hong Kong-based startup developing a travel activities platform, has pulled in $200 million in new capital to fuel a major expansion into the U.S. and Europe. A spokesperson confirmed to Tech

Exclusive: HR startup Namely, once a high flier, gets a new CEO and $60 million in new funding to soar again

Namely, a 400-person, six-and-a-half-year-old company, has mostly had the kind of trajectory that other startups envy. Mostly. The startup’s mobile-first platform — which sells payroll, ta

Parabola raises $2.2 million to simplify programming for employees stuck in Excel all day

While knowledge workers are handling increasingly difficult tasks — ones that may be much easier to handle with just a Python script — Alex Yaseen thinks that in the future not everyone will actu

Asian travel platform Klook raises $60M with backing from Goldman Sachs

Sometimes, for growth stage startups raising money, when it rains it pours. That’s the case for Klook, a Hong Kong-based travel startup that specializes in helping travelers book trip activitie

Activehours raises $39 million for its new take on cash advances

Nine months after raising $22 million for its unique take on the cash-advance business, Activehours has gone back to the venture capital well and pulled out another $39 million in financing. Led by An

Open Listings raised $6.5M to help you buy a home without an annoying agent

Open Listings, the YC-backed startup that lets buyers purchase homes and get a 50% refund on whatever fee their real estate agent would normally make, has raised $6.5M in Series A funding led by Matri

Klook raises $30M for its Asia-focused travel activity platform

Klook, a service for finding and booking travel activities, has closed a $30 million Series B funding round led by Sequoia China. Existing backers Matrix Partners and Welight Capital, a firm founded

Activehours, which makes every day a payday, just raised $22 million in Series A funding

What if you didn’t have to wait every two weeks to receive a paycheck? What if you could be wired the money you earned almost immediately after a shift? What if, unlike with payday lenders, you

GOAT raises $5 million to help sneakerheads buy and sell covetable kicks

Los Angeles startup GOAT (incorporated as 1661 Inc.) has raised $5 million in new venture funding to grow its mobile-only marketplace for used and collectible sneakers. The GOAT app features everythin

India’s Treebo Hotels raises $17 million for its budget hotel network

Treebo Hotels has raised $17 million led by Bertelsmann India Investments (BII) with participation from existing investors SAIF Partners and Matrix Partners India.

Klook, An App For Booking Travel Activities Across Asia, Raises $5M

Klook, a Hong Kong-based company that sells travel activities across Asia, has announced a $5 million Series A round led by US-Sino investment fund Matrix Partners. China Growth Capital and Francis Le

Design Platform Canva Scores $15 Million Series A, Valued At $165 Million

The online design platform Canva, which has made creating quality professional graphics something anyone can do, has raised $15 million in Series A funding, the company announced this morning. The ro

Matrix Partners Gets A New General Partner: Hardi Meybaum

Matrix Partners, the 38-year-old, early-stage venture capital firm, has just added a 10th general partner to its roster: Hardi Meybaum, an Estonian entrepreneur who sold his computer-aided design comp

Indian Health Search Portal Practo Lands $90M Led By Tencent For Global Expansion

Chinese internet giant Tencent is getting its tentacles into India's healthcare space after it lead a $90 million Series C round for medical search startup Practo. The startup raised $60 million as re

Meteor Raises $20M To Build The One JavaScript Stack To Rule Them All

The competitive landscape for app development tool providers continues to become tighter, with Meteor Development Group raising $20 million for its stack of frameworks and tools for developing web and

Design Platform Canva Raises $6 Million, Expands To Businesses With “Canva For Work”

Creating professional graphics is not a skill set that everyone has, but online design platform Canva wants to change that. In mid-2013, the company debuted a service that allows anyone to more easily

The Flatiron School Raises $9 Million In Series B Funding

The Flatiron School, an educational platform aimed at getting young kids and adults comfortable with programming, has today announced the close of a $9 million Series B funding round led by Thrive Cap

TinyOwl Lands $16M To Expand Its Food Delivery Service To 50 Cities In India

India-based food ordering service TinyOwl has raised a $16 million Series B round to fund an aggressive plan to reach 50 cities in the country, TechCrunch has learned.
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