MATRIXX Software Obtains New Financing Round

  • Feed Type
  • Date
    3/30/2016
  • Company Name
    MATRIXX Software
  • Mailing Address
    779 E. Evelyn Ave Mountain View, CA 94041 USA
  • Company Description
    MATRIXX Software was formed to develop solutions that help Service Providers (SPs) address the growing volume and complexity of services that require online charging. Data and media services are exploding, yet revenue per transaction and ARPUs are declining.
  • Website
    http://www.matrixxsw.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    In conjunction with the deal, SMART Communications, the Philippines’ leading wireless services provider with 67 million subscribers and a wholly-owned subsidiary of PLDT, has selected the MATRIXX platform to deliver an array of lifestyle services and content that can be individually purchased and customized.
  • M&A Terms
  • Venture Investor
    PLDT Capital