Francisco Partners led a $50m funding round in MATRIXX Software.

Francisco Partners, an investment firm that specializes in partnering with technology businesses, led a $50m funding round in MATRIXX Software, a provider of 5G monetization for the communications industry. “We are thrilled to announce this investment from Francisco Partners to accelerate the realization of MATRIXX’s vision to be the industry’s go-to monetization solution. We believe this partnership will enable us to solidify our product leadership while further extending and enhancing the MATRIXX offering across the rapidly expanding 5G ecosystem.” Gordon continued, “With both traditional and new service providers investing heavily in 5G, MATRIXX is the industry’s only commerce platform capable of unlocking the innovative enterprise solutions, new commercial relationships and multi-party business models that will define the future of connectivity,” Glo Gordon, MATRIXX CEO.