About Matrix Semiconductor
Matrix Semiconductor is a Technology company based in Melissa (United States) founded in 1998, and was acquired by SanDisk in October 2005. It operates as a dense non-volatile 3D memory chips are manufactured for portable devices. Matrix Semiconductor has raised $52 million across 1 funding round from investors including SanDisk, Seagate and Western Technology Investment. Its focus areas include Semiconductors, Digital ICs, Memories and Non-Volatile Memory. Its competitors include Samsung, Nimble Storage, Adesto, d-Matrix and Avalanche Technology and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Matrix Semiconductor was founded in 1998 and is focused on the semiconductor industry, where dense non-volatile 3D memory chips are produced for use in portable electronic devices. Operations are centered in Melissa, United States, with partnerships including Cypress Semiconductor Corporation and additional firms supporting development and distribution efforts. The companys domain is matrixsemi.com, emphasizing advancements in memory technology for consumer applications.
- Headquarters Melissa, United States
- SectorsTechnology
- Email••••••••
- Website matrixsemi.com
- Acquired by SanDisk (Oct 2005)
Funding Insights of Matrix Semiconductor
Matrix Semiconductor has successfully raised a total of $52M through 1 strategic funding round. The most recent funding activity was a Series E round of $52 million completed in March 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.
- Total Funding $52M
- Total Rounds 1
- Last Round Series E — $52M
- First Round $52M
(Mar 2003)
- Investors Count 6
All 1 funding rounds of Matrix Semiconductor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2003 | $52M | Series E | – | TeleSoft Partners |
7 investors in total: 7 institutional.
Investors in Matrix Semiconductor
Matrix Semiconductor has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SanDisk, Seagate and Western Technology Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | – | telesoftvc.com | San Francisco, United States | |
Venture capital investments are offered to promising startups. | – | benchmark.com | San Francisco, United States | |
Growth stage tech & life sciences focused VC firm funding companies in the US | – | icp.com | Menlo Park, United States | |
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
- | – | skymoonventures.com | - | |
DAS storage devices are supplied for enterprise and client applications. | 1979 | seagate.com | Scotts Valley, United States | |
Enterprise SSD storage devices provider | 1988 | sandisk.com | Milpitas, United States |
Investor details for Matrix Semiconductor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Matrix Semiconductor
3 dated milestones of Matrix Semiconductor across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Matrix Semiconductor is founded.
- Funding First funding round of $52.0M.
- Exit Acquired by SanDisk.
Competitors of Matrix Semiconductor
Matrix Semiconductor has 8 listed competitors in our database, 6 of them funded. They include Samsung, Nimble Storage, Adesto, d-Matrix and Avalanche Technology, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsung.com | 1969 | Suwon-si, South Korea | – | 1,797 | Multi-category electronic products are manufactured globally by the company. | |
| nimblestorage.com | 2007 | Houston, United States | $98.75M | 15,156 | Primary storage, backup, and disaster recovery solutions are delivered. | |
| adestotech.com | 2007 | Sunnyvale, United States | $74.99M | – | Ultra-low-power CBRAM technology is developed for IoT and health applications. | |
| d-matrix.ai | 2019 | Los Altos, United States | $154M | 66 | Digital in-memory compute engines are developed for efficient AI processing. | |
| avalanche-technology.com | 2006 | Fremont, United States | $189.52M | – | Non-volatile memory is developed using proprietary STT-MRAM technology. | |
| nantero.com | 2001 | Woburn, United States | $154.82M | – | Carbon nanotubes are developed for advanced memory storage. | |
| diablo-technologies.com | 2003 | Ottawa, Canada | $100.5M | – | Fabless semiconductor components for CPU memory interfaces are developed. | |
| kioxia.com | 2017 | Singapore | – | – | Memory solutions for computing devices are developed and supplied. |
Detailed competitors of Matrix Semiconductor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Semiconductors & ICs
10 companies that operate in the same segment as Matrix Semiconductor (Semiconductors & ICs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | – | USD 44.28 B | 49,000 | |
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
High-performance CPUs and GPUs are developed for computing applications. | 1969 | Santa Clara, California, United States | – | USD 25.79 B | 28,000 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
GaN-based power management ICs are manufactured for electronic devices. | 2014 | Dublin, Ireland | USD 49.6 M | USD 83.3 M | 280 | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | Santa Clara, California, United States | – | USD 52.85 B | 108,900 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M | – | – |
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Frequently Asked Questions about Matrix Semiconductor
Matrix Semiconductor was founded in 1998 and raised its 1st funding round 5 years after it was founded.
Matrix Semiconductor is headquartered in Melissa, United States. It is registered at Melissa, Texas, United States.
Matrix Semiconductor is a funded company, having raised a total of $52M across 1 funding round to date. The company's 1st funding round was a Series E of $52M, raised on Mar 2003.
Matrix Semiconductor was founded in 1998 and is focused on the semiconductor industry, where dense non-volatile 3D memory chips are produced for use in portable electronic devices. Operations are centered in Melissa, United States, with partnerships including Cypress Semiconductor Corporation and additional firms supporting development and distribution efforts. The companys domain is matrixsemi.com, emphasizing advancements in memory technology for consumer applications.
Matrix Semiconductor's top competitors include Samsung, d-Matrix and Avalanche Technology.
Matrix Semiconductor has 7 investors. Key investors include SanDisk, Seagate, Western Technology Investment, TeleSoft Partners, and Benchmark.
Yes. Matrix Semiconductor was acquired by SanDisk in October 2005.