About Matrics
Matrics is a company based in Columbia (United States) founded in 1998 was acquired by Symbol Technologies in July 2004. Matrics has raised $34 million across 2 funding rounds from investors including The Carlyle Group, Symbol Technologies and Novak Biddle Venture Partners. Matrics operates in a competitive market with competitors including Elatec RFID, QuantalRF, Checkpoint Systems, MDT Innovations and Myruns, among others.
- Headquarter Columbia, United States
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$34 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series C
Jul 14, 2003
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Investors
The Carlyle Group
& 4 more
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Employee Count
Not available
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Acquired by
Symbol Technologies
(Jul 01, 2004)
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Funding Insights of Matrics
Matrics has successfully raised a total of $34M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in July 2003. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Matrics
Matrics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Symbol Technologies and Novak Biddle Venture Partners.
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Private equity investments are directed toward multiple sectors.
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US focused VC firm
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US focused venture capital firm
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Investor details for Matrics
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Investments & Acquisitions by Matrics
Investment portfolio details for Matrics
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Financial Statements - Matrics
Detailed financials for Matrics
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Matrics Comparisons
Peer comparison for Matrics
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Competitors of Matrics
Matrics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elatec RFID, QuantalRF, Checkpoint Systems, MDT Innovations and Myruns, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of RFID-based access control solution
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Provider of IoT based RF receiver architectures
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Cloud-based RFID solutions are provided for offline retail operations.
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NFC-based products and sensor systems for IoT applications are provided.
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RFID tags and readers are provided for wireless data transmission.
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Detailed competitors of Matrics
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Latest news on Matrics
Complete news archive for Matrics
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Frequently Asked Questions about Matrics
Matrics was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Matrics is headquartered in Columbia, United States.
Matrics is a funded company, having raised a total of $34M across 2 funding rounds to date.
Founded in 1998 and based in Columbia, United States, Matrics operates in the RFID technology sector. Solutions are offered for industrial supply chain tracking, asset management, and security applications. Products encompass readers compatible with EPC-compliant tags, UHF smart inlays and labels, and the Visibility Manager system for overseeing reader networks. Wireless tracking options are provided to enable enterprise-wide asset visibility.
Matrics's top competitors include QuantalRF, Checkpoint Systems and Nordic ID.
Matrics has 5 investors. Key investors include The Carlyle Group, Symbol Technologies, Novak Biddle Venture Partners, Polaris Partners, and Venturehouse Group.