Matrix Partners III Overview
Matrix Partners III General Information
Description
Matrix Partners III was a venture capital fund managed by Matrix. The fund was located in San Francisco, California and invested in the United States. The fund targeted communications and networking and TMT sectors.
Contact Information
Fund Manager's Location
- 535 Mission Street
- Suite 2600
- San Francisco, CA 94105
- United States
Matrix Partners III Investments (7)
Matrix Partners III has made a total of 7 investments. Its most recent deal was a with OnStream Networks for . The deal was made on 10-May-1993.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| OnStream Networks | 10-May-1993 | Wireless Communications Equipment | Startup | |||
| Beyond Incorporated | 18-Jan-1993 | Business/Productivity Software | Product Development | |||
| Overland-Tandberg | 01-Jul-1992 | Storage (IT) | Generating Revenue | |||
| Cascade Communications | 01-Jan-1992 | Other Hardware | Startup | |||
| PSINet | 01-Jan-1992 | Other Communications and Networking | Product Development | |||
| Tivoli Systems | 01-Jan-1991 | Early Stage VC (Series B) | Vertical Market Software | Generating Revenue | ||
| E-mu Systems | 05-Dec-1990 | Later Stage VC | Other Commercial Products | Product Development |
Matrix Partners III Investment Strategy
Investments by Industry
Investments by Deal Type
Matrix Partners III Limited Partners (7)
Liberty Insurance Corporation is one of Matrix Partners III’s 7 limited partners. Its latest Original was on 26-Jun-1990.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Liberty Insurance Corporation | Current | 26-Jun-1990 | Original | ||
| Iowa Public Employees' Retirement System | Current | 15-Mar-1990 | Original | ||
| Ford Foundation | Current | 01-Jan-1990 | Original | ||
| IBM Personal Pension Plan | Current | 01-Jan-1990 | Original | ||
| J.C. Penney Corporation Pension Plan | Corporate Pension | Current | 01-Jan-1990 | Original |
Matrix Partners III Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Matrix Partners III Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Matrix Partners III Benchmark (24)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Brantley Venture Partners II | 30-Jun-2011 | ||||
| Hummer Winblad Venture Partners | 31-Dec-2014 | ||||
| Maryland Venture Capital Trust | |||||
| Matrix Partners III | 31-Dec-2007 | ||||
| Cordova Capital Partners | |||||
| Philadelphia Ventures II | 31-Mar-2021 | ||||
| Triad Ventures Limited II | 31-Mar-2021 | ||||
| WPG Venture Associates II | |||||
| Lawrence Tyrell Ortale & Smith II | |||||
| Venture Partnership Acquisition Fund II | 30-Sep-2024 |
Matrix Partners III FAQs
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What is Matrix Partners III?
Matrix Partners III was a venture capital fund managed by Matrix.
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Who manages Matrix Partners III?
Matrix Partners III is managed by Matrix.
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Where is Matrix Partners III domiciled?
Matrix Partners III is domiciled in United States.
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What is Matrix Partners III's size?
Matrix Partners III has a size of .
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What type of fund is Matrix Partners III?
The fund type of Matrix Partners III is Venture.
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What is the status of Matrix Partners III?
Matrix Partners III is liquidated.
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What has Matrix Partners III invested in?
Matrix Partners III has made numerous investments in companies like OnStream Networks, Beyond Incorporated, and Overland-Tandberg within the Wireless Communications Equipment, Business/Productivity Software, and Storage (IT) industries.
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What has Matrix Partners III invested in recently?
Matrix Partners III's latest investment was on 10-May-1993 in OnStream Networks, a company within the Wireless Communications Equipment industry.
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