Matrix Partners

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Amid all the hype about the Apple Watch, expected to start shipping later this week, a Cambridge startup working on a smartwatch of its own has stayed very quiet. But that will change on Friday, when Quanttus unveils the design of its first product on Friday at the Wired Health conference in London. Quanttus became the best-funded local startup working on wearable devices after it raised $19 million last February, which brought its total funding to about $22 million — but there have recently been a few high-profile departures at the company.More →

There are numerous potential threats to Internet security: lone-wolf hackers, state-sponsored cyber attacks, or identity and data theft, for example. But one of the most difficult cybersecurity challenges to identify and prevent are the Edward Snowdens — the players already inside an organization who are looking to steal or share sensitive information.

Today, Cambridge-based Sqrrl, which uses data analytics to fight Internet security threats, including from those known as ‘determined insiders’ like Snowden, announced that it has raised $7.1 million in new funding. More →

A Boston startup, Pencil Labs, has slipped a new calendar and messaging app called Wyth into the iTunes Store with zero fanfare. I’ve been tracking the startup since last May, but the founders aren’t saying much and the website is still in “coming soon” mode. Pencil raised some early funding in 2013 from two Cambridge venture capital firms, Matrix Partners and Charles River Ventures.More →

One thing you often hear in discussions about the Boston tech scene is that the city (and the surrounding suburbs) are filled with companies that are quietly building some of the most technologically innovative — and potentially most successful — new companies.

There may be a bit of mythology tied to the notion that there are “quiet sleeping startup giants” all around Boston. But, hidden away in nondescript office buildings that overlook Route 128, there are actually some real rockstar companies to be found.More →

For Matrix Partners, a storied venture capital firm whose past investments have included Apple Computer and Netezza, 2014 is shaping up to be one of its best years yet, says general partner Antonio Rodriguez.

January saw the IPO of Care.com and February included the acquisition of The Echo Nest by Spotify, both of them portfolio companies for Matrix. Now comes the news that virtual reality startup Oculus VR, in which Matrix was an early investor, is set to be acquired by Facebook for as much as $2.3 billion.

See related post: 10 Matrix Partners-backed companies in BostonMore →