MATRIXX Software’s $50 Million Growth Funding

Akin Gump Strauss Hauer & Feld LLP advised Francisco Partners on the deal.

MATRIXX Software, a global leader in 5G monetization for the communications industry, announced $50 million in growth funding from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. The investment will accelerate MATRIXX R&D for product innovation in addition to expansion into adjacent market opportunities and customer segments.

The Akin Gump team was led by finance partner Jaisohn Im (Picture) and Dan Fisher, head of the firm’s integrated special situations group. The team included corporate senior counsel Carlos Villota, international trade senior counsel Alexis Guinan, and corporate associates John Hill and Mary Kate Thompson.

Involved fees earner: Daniel Fisher – Akin Gump Strauss Hauer & Feld LLP; Alexis Guinan – Akin Gump Strauss Hauer & Feld LLP; John Hill – Akin Gump Strauss Hauer & Feld LLP; Jaisohn Jungbin Im – Akin Gump Strauss Hauer & Feld LLP; Mary Kate Thompson – Akin Gump Strauss Hauer & Feld LLP; Carlos Villota – Akin Gump Strauss Hauer & Feld LLP;

Law Firms: Akin Gump Strauss Hauer & Feld LLP;

Clients: Francisco Partners;

Author: Martina Bellini