Akin Gump Represents Francisco Partners in $50 Million in Growth Funding to MATRIXX Software

October 14, 2021

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Jacinta O'Shea-Ramdeholl

Director of Communications

Sarah Richmond

Senior Communications Manager

(New York) MATRIXX Software, a global leader in 5G monetization for the communications industry, today 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.

A team from Akin Gump advised Francisco Partners in the matter. More information about the deal can be found here.

The Akin Gump team was led by finance partner Jaisohn Im 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.

Akin Gump has advised Francisco Partners on a number of recent financings. Earlier this year, the firm advised the company in its $150 million financing to digital healthcare marketplace Zocdoc (learn more here), and in its financing to cloud-delivered network security firm iboss (learn more here).

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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