Venture capital firm Matrix Partners has closed its most recent fund, Matrix X.
The firm’s third consecutive USD450m fund will be applied to early-stage investments in consumer internet, mobile, enterprise software and IT infrastructure ventures.
"We are grateful for the ongoing support of our limited partners who believe in Matrix’s long-term approach to venture capital," says Matrix general partner Timothy Barrows (pictured). "Matrix X will continue our long history of partnering with exceptional founders at the early stages of company formation to develop disruptive technologies and build world-class companies."