Madrona Venture Group

Madrona Venture Group is an American venture capital firm, founded in 1995 and is based in Seattle, Washington. Madrona specializes in seed, startup, Series A and early stage investments.^[1] Madrona has made 143 investments in 75 companies.^[2]

Company

Mandrona has invested in the information technology sector including consumer internet commercial software and services, cloud computing, digital media and advertising, wireless, networking, mobile, and infrastructure sectors. ^[3] As of 2015, more than 90% of the firms investments were in companies based in the Pacific Northwest.^[4]

In 2012, Madrona raised a $300 million fund. ^[5]

In 2014, Madrona Venture Group launched a startup studio, Madrona Venture Labs, as an in-house startup incubator.^[6]

Staff

Madrona's managing partner, Tom Alberg is a director for Amazon.com.^[7] William Ruckelshaus, former United States Deputy Attorney General, is a strategic director.^[8] John W. Creighton Jr. is a strategic director.^[9] Gerald Grinstein is a strategic director.^[10] Oren Etzioni, Professor of Computer Science and Executive Director of the Allen Institute for Artificial Intelligence, is a venture partner. Dan Weld, Professor of Computer Science and Engineering at the University of Washington, is a venture partner.^[11]

Investments

The companies that Madrona have invested in include:

• Animoto
• Apptio
• Context Relevant
• Jama Software
• Judy's Book
• Julep
• Mixpo
• Netbot
• Redfin
• Rover.com
• Seadragon Software
• Shippable
• Shutterfly
• Skytap
• Smartsheet
• Teachstreet
• Z2Live

Notable former employees

• Kris Engskov, now Starbucks Director of Public Policy

References

1. "Madrona Venture Group". Businessweek. Retrieved 4 November 2014.
2. "Madrona Venture Group". CrunchBase. Retrieved 4 November 2014.
3. "Madrona Venture Group: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-07-25.
4. "New Madrona $300M fund to be invested in tech companies". 2015-06-04. Retrieved 2016-07-25.
5. "The mighty Madrona: Why one VC firm is so critical to Seattle (and why that's a little scary)". 2015-03-30. Retrieved 2016-07-25.
6. Wall Street Journal Madrona Venture Group Launches Studio to Build New Startups December 10, 2014
7. "Officers & Directors". Amazon. Retrieved 4 November 2014.
8. "William D. Ruckelshaus". Madrona. Retrieved 5 November 2014.
9. "Jack Creighton". Madrona. Retrieved 5 November 2014.
10. "Gerald Grinstein". Madrona. Retrieved 5 November 2014.
11. "Dan Weld". Madrona. Retrieved 5 November 2014.

External links

• Madrona Venture Group website