Corporate-backed communications monetisation technology developer Matrixx Software raised $50m from Francisco Partners while cancer drug developer Abalos took the same in a BIVF-backed round.
Funding
Investment firm Francisco Partners has provided $50m in funding for Matrixx Software, a US-based communication monetisation technology developer backed by conglomerate CK Hutchison and telecommunications firms Swisscom and Telstra. The company had raised a total of about $155m as of a $40m series C round in 2018 led by Sutter Hill and backed by corporate venturing units Telstra Ventures and Swisscom Ventures, conglomerate CK Hutchison, Spring Lake Equity Partners, Greylock Partners and Adams Street Partners. Its earlier backers…
