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MetaMatrix

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Us-based technology company that created the first true enterprise information integration (eii) software product

Duluth, United StatesFounded 1998Other B2B Software
Valuation $50–100M Last recorded · 2004
Total funding $10–50M Disclosed equity funding
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About MetaMatrix

MetaMatrix, Inc. operated as a U.S.-based technology firm specializing in enterprise information integration (EII) software solutions. The company was established in 1998, initially under the name Quadrian, with its headquarters in Waltham, MA. It was co-founded by Philippe Chambadal, who also served as CEO, and Mike Lang, who held the position of EVP. The leadership team also included Rob Cardwell as CTO and Craig Muzilla as SVP of Marketing.

The firm's core business was providing a software solution that enabled organizations to integrate disparate and distributed data sources into a unified, accessible information utility. This was achieved through a product suite designed for service-oriented architectures (SOAs), allowing enterprises to treat their varied information assets as a single, queryable view. MetaMatrix catered to enterprises looking to streamline data access, reduce data redundancy, and increase development productivity by building applications against a platform-independent data model. The business model centered on the sale of its software products, which included MetaMatrix Enterprise, MetaMatrix Dimension, and MetaMatrix Query.

The company's technology was built entirely in Java, providing a scalable solution for real-time, cross-platform data integration. It supported a wide array of data sources, from relational and legacy systems to unstructured files and streaming data. After raising a total of $33.4M in funding from investors such as Kleiner Perkins Caufield & Byers and Integral Capital Partners, a significant milestone was reached in June 2007 when Red Hat acquired MetaMatrix. The acquisition was a strategic move by Red Hat to integrate MetaMatrix's EII technology into its JBoss middleware product line to enhance its SOA offerings.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Duluth, United States
Open positions
None listed
Dealroom signal
18.7/100
Industry
Enterprise Software
Sector
Other B2B Software, Open Source
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2007 $0 — Red Hat —
SERIES F✓Equity / VC Sep 2004 $12M $48M Kleiner Perkins · Integral Capital Partners —
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Growth signals

MetaMatrix website traffic

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Investments and acquisitions

Capital deployed

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later5 investors entered at this stage

Other known investors1 additional known investor

  • Red Hat
Team profiled 2 named & role-tagged
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Duluth HQ
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Market sentiment

Posts on X, past 7 days

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