They also sought to commercialize Matrix through a company called New Vector, which developed a Matrix hosting service and a Slack alternative app called Riot. In 2018, Hodgson and Le Pape launched ...

After Element acquired Gitter last year to bring in more users and features into its own decentralized, Matrix-based messaging app, the startup is announcing some funding to invest in its growth.

Why it matters: Staying in contact with friends and family through messaging services usually means staying where everyone else is or switching between multiple clients like iMessage, WhatsApp, ...