Contact:  Dan Leinweber
Leinweber Associates
(781) 440-7878
e-mail: dan@leinweber.com

MENLO PARK, CA, June 6 – Matrix Partners (http://www.matrixpartners.com), one of the nation’s leading venture capital firms, announced today that Bob Lisbonne will join Matrix as a general partner later this month. Since 1999, Lisbonne has been a general partner with Crosspoint Venture Partners.

"Bob has earned an outstanding reputation as a software industry executive in both start-ups and larger companies,” said Andrew Verhalen, Matrix general partner. “His management and investing experience are perfect for our early-stage investment practice.”

“Matrix is renowned on both coasts for helping entrepreneurs build their businesses into market leaders,” said Lisbonne. “I couldn’t be more delighted to join such a talented team.”

At Crosspoint, Lisbonne focused on early stage investments in software and related companies. Prior to Crosspoint, Lisbonne was Senior Vice President and General Manager of Browser Products at Netscape. Before that he was Vice President of Marketing at Collabra Software, which was acquired in 1995 by Netscape. Previously, Lisbonne was Director of Integrated Products at Claris and a co-founder of Pacific Coast Software. Earlier in his career, he was an investment banker specializing in high technology companies at Goldman Sachs.

Lisbonne attended Stanford University, where he earned MBA, MA, and BA degrees and did graduate studies in Computer Science. He is married and has two sons.

About Matrix Partners

Since its inception in 1977, Matrix Partners has been dedicated to helping outstanding entrepreneurs build industry leading technology companies. Matrix is focused on companies that provide products and services that drive the Net Economy with a particular emphasis on e-business solutions, Internet commerce and the communications infrastructure. With offices in the two major technology centers – Boston and Silicon Valley – Matrix has developed an exceptionally strong network of contacts and entrepreneurial know-how.

Companies that have gone public out of the Matrix portfolio in the last 18 months and that Matrix played a founding role in have generated more than $85 billion of market value. These include ArrowPoint Communications (recently acquired by Cisco), Alteon Web Systems (Nasdaq: ATON), Blue Martini Software (Nasdaq: BLUE), BeFree (Nasdaq: BFRE), OnDisplay (recently acquired by Vignette), Phone.com (Nasdaq: PHCM), SilverStream Software (Nasdaq: SSSW), Sonus Networks (Nasdaq: SONS) and Sycamore Networks (Nasdaq: SCMR).