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fundraising for Matrix Partners VII, a $1 billion venture capital fund. In 2006, Matrix raised Matrix Partners VIII fund, with $445 million of investor commitments. In 2006, Matrix also raised a separate $150 million India fund. In July 2009, Matrix raised Matrix IX fund with $600 million. As of 2018, the firm has raised eleven U.S venture capital funds and five China focused funds. In November 2021, The Wall Street Journal reported that Matrix Partners is a major investor in Chinese semiconductor

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