Matt Carbonara
Managing Director, Citi Ventures at Citi
San Francisco Bay Area
Overview
Work Experience
Managing Director, Citi Ventures
2018 - Current
Head of Citi Ventures Enterprise IT investing practice: cloud, devops, cybersecurity, customer experience, marketing technology, data analytics, machine learning and automation. Investments: Endor Labs - Software Supply Chain Security Platform Lakera - GenAI Security Platform Tracable - API Security Platform DataVolo - Unstructured GenAI Data Management Platform Concentric AI - Data Security Platform Docker - Container Development and Security Platform Cribl - Enterprise Security and IT Ops Data Mgmt Platform Snyk - Application Security Platform Eightfold - Talent Intelligence Platform Deepgram - API enabled Voice AI Platform Forage - HR Recruiting Platform (Acquired by EAB) Harness - Software Delivery Platform Skan - Process Intelligence Nylas - Communications APIs Kenna - Cybersecurity Vulnerability Mgmt (Acquired by Cisco) Trulioo - KYC / Identity Verification
Citigroup is a financial services holding company that provides various financial products and services.
Raised $12,950,000,000.00 from ValueAct Capital and Abu Dhabi Investment Authority.
Investor & Board Observer
2024
Lakera is a real-time GenAI security company that utilizes AI to protect enterprises from LLM vulnerabilities.
Raised $30,000,000.00 from redalpine, Atomico, Dropbox Ventures, Citi Ventures and Youcef Es-skouri.
Investor
2024
Endor Labs is a software supply chain security company that improves application security and manages open-source software dependencies.
Raised $95,000,000.00 from Citi Ventures.
Investor
2024
Traceable is an API security company that helps to mitigate risks and optimize the value derived from their APIs for customers.
Raised $110,000,000.00 from Unusual Ventures, IVP, Sorenson Capital, Citi Ventures and Geodesic Capital.
Advisor UNC Chapel Hill School of Data Science and Society (SDSS)
2023
Investor
2022
Docker’s platform helps millions of developers efficiently and collaboratively build, share, and run applications.
Raised $435,855,439.00 from Citi Ventures, Atlassian Ventures, Benchmark, Vertex Ventures US, Four Rivers Group, Insight Partners, TeleSoft Partners, Vertex Ventures, FJ Labs and Bain Capital Ventures.
Investor
2021
Cribl is a software company that designs a unified data management platform for exploring, collecting, processing, and accessing data.
Raised $721,208,560.00 from IVP, Google Ventures, CapitalG, GIC and CRV.
Investor
2021
Snyk is a cloud native application security provider that enables millions of developers to build software securely.
Raised $1,195,500,000.00 from ServiceNow.
Investor
2021
Eightfold AI provides a complete AI platform for talent management to help companies find, recruit, and retain workers.
Raised $396,750,000.00 from Foundation Capital, Lightspeed Venture Partners, IVP, SoftBank Vision Fund, General Catalyst and Capital One Ventures.
Investor
2021
Harness is a Continuous Delivery-as-a-Service platform for engineering and DevOps teams to release applications into production.
Raised $575,000,000.00 from Hercules Capital and Silicon Valley Bank.