Madrona

Madrona Venture Group is a venture capital firm based in Seattle, Washington, founded in 1995. The firm specializes in seed and early-stage investments, focusing primarily on the information technology sector, which includes areas such as consumer internet, software, digital media, cloud computing, and artificial intelligence. Madrona typically invests between $2 million and $10 million in companies located in the Pacific Northwest and aims to be a lead investor, often seeking board membership in its portfolio companies. The firm is dedicated to supporting technology entrepreneurs and companies that are shaping the future of work and utilizing low-code/no-code solutions.

Loren Alhadeff

Venture Partner

Jennifer Chambers

Administrative Partner

Troy Cichos

COO and Partner

Hope Cochran

Managing Director

Jack Creighton

Strategic Director

Aseem Datar

Partner

Patrick J Ennis

Venture Partner

Maggie Finch

Partner

Maria Gilfoyle

Investor

Palak Goel

Investor

Paul Goodrich

Co-Founder and Managing Director

Joseph Horsman

Investor

Len Jordan

Managing Director

Matthew McIlwain

Managing Director

Mark Nelson

Venture Partner

Chris Picardo

Partner

Tim Porter

Managing Director

Bill Richter

Venture Partner

William Ruckelshaus

Strategic Director

Siddharth Shenai

Venture Partner

Steven Singh

Managing Director

Soma Somasegar

Managing Director

Jon Turow

Partner

Jonathan Turow

Partner

Ishani Ummat

Investor

Dan Weld

Venture Partner

Past deals in Open Source

Observe

Series A in 2022
Observe Inc. is a technology company that specializes in developing an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017 and based in San Mateo, California, the company offers a versatile observability platform designed to manage and analyze business data effectively. This platform enables users to identify and address system issues, monitor overall health, and investigate service incidents through various tools and structured data ingestion. By utilizing an elastic cloud architecture, Observe aims to reduce outages and enhance customer experience, allowing engineers to focus on coding rather than troubleshooting. The company is positioned within a growing market segment, which seeks to transform traditional data management practices.

SeekOut

Series C in 2022
SeekOut is the next generation of AI sourcing solution, enabling TA-teams to find high-quality diverse talent, for hard to fill requisitions, faster. The developers, the experts, the leaders who will have a 10x impact on your company don’t always curate their LinkedIn profile or make themselves (or their expertise) easily found. SeekOut helps you discover and engage with such candidates so you can help propel your company forward with key hires. What makes SeekOut special: Unique sourcing solution for GitHub so recruiters are first to find untapped deep-tech talent. First in industry sourcing solution and talent-insights for over 60 million profiles in engineering and life sciences based on patents and research publications, so you get first to the innovation leaders. One-click to find diverse candidates so recruiters become the diversity hero. Best-in-class AI search over 135M profiles for tech and non-tech roles, so recruiters spend more time on added-value work. Validated emails with social-network links and drip email-campaign automation so recruiters achieve high response rates. Custom search engines for 37 social networks/websites so recruiters have the most expansive view on available talent. With these capabilities, SeekOut can also reduce the investment need for multiple tools, while improving your ROI.

Coda

Series D in 2021
Coda Project, Inc. is a company based in Mountain View, California, that specializes in developing innovative document management solutions. Founded in 2014, Coda combines the functionalities of documents, spreadsheets, and applications into a single platform, allowing users to create versatile online documents that can serve as powerful applications. By providing a blank canvas with a familiar interface, Coda enables users to utilize unique building blocks, such as tables that function like databases and actionable buttons, to design customized solutions tailored to their needs. This adaptable platform fosters collaboration and captures institutional knowledge, helping teams work more efficiently and streamline their workflows by moving beyond traditional software limitations.

Observe

Venture Round in 2021
Observe Inc. is a technology company that specializes in developing an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017 and based in San Mateo, California, the company offers a versatile observability platform designed to manage and analyze business data effectively. This platform enables users to identify and address system issues, monitor overall health, and investigate service incidents through various tools and structured data ingestion. By utilizing an elastic cloud architecture, Observe aims to reduce outages and enhance customer experience, allowing engineers to focus on coding rather than troubleshooting. The company is positioned within a growing market segment, which seeks to transform traditional data management practices.

SeekOut

Series B in 2021
SeekOut is the next generation of AI sourcing solution, enabling TA-teams to find high-quality diverse talent, for hard to fill requisitions, faster. The developers, the experts, the leaders who will have a 10x impact on your company don’t always curate their LinkedIn profile or make themselves (or their expertise) easily found. SeekOut helps you discover and engage with such candidates so you can help propel your company forward with key hires. What makes SeekOut special: Unique sourcing solution for GitHub so recruiters are first to find untapped deep-tech talent. First in industry sourcing solution and talent-insights for over 60 million profiles in engineering and life sciences based on patents and research publications, so you get first to the innovation leaders. One-click to find diverse candidates so recruiters become the diversity hero. Best-in-class AI search over 135M profiles for tech and non-tech roles, so recruiters spend more time on added-value work. Validated emails with social-network links and drip email-campaign automation so recruiters achieve high response rates. Custom search engines for 37 social networks/websites so recruiters have the most expansive view on available talent. With these capabilities, SeekOut can also reduce the investment need for multiple tools, while improving your ROI.

OthersideAI

Seed Round in 2020
OthersideAI Inc. is an information technology company that specializes in productivity and communication tools powered by artificial intelligence and natural language processing. Founded in 2020 and based in Melville, New York, the company offers software that converts summaries and shorthand notes into written emails, helping users save time. Its flagship product is a Chrome Extension built on OpenAI's GPT-3, which provides natural-language results for a variety of tasks. The software features customizable settings for personal style and tone, enhancing user experience and functionality.

Coda

Series C in 2020
Coda Project, Inc. is a company based in Mountain View, California, that specializes in developing innovative document management solutions. Founded in 2014, Coda combines the functionalities of documents, spreadsheets, and applications into a single platform, allowing users to create versatile online documents that can serve as powerful applications. By providing a blank canvas with a familiar interface, Coda enables users to utilize unique building blocks, such as tables that function like databases and actionable buttons, to design customized solutions tailored to their needs. This adaptable platform fosters collaboration and captures institutional knowledge, helping teams work more efficiently and streamline their workflows by moving beyond traditional software limitations.

SeekOut

Series A in 2019
SeekOut is the next generation of AI sourcing solution, enabling TA-teams to find high-quality diverse talent, for hard to fill requisitions, faster. The developers, the experts, the leaders who will have a 10x impact on your company don’t always curate their LinkedIn profile or make themselves (or their expertise) easily found. SeekOut helps you discover and engage with such candidates so you can help propel your company forward with key hires. What makes SeekOut special: Unique sourcing solution for GitHub so recruiters are first to find untapped deep-tech talent. First in industry sourcing solution and talent-insights for over 60 million profiles in engineering and life sciences based on patents and research publications, so you get first to the innovation leaders. One-click to find diverse candidates so recruiters become the diversity hero. Best-in-class AI search over 135M profiles for tech and non-tech roles, so recruiters spend more time on added-value work. Validated emails with social-network links and drip email-campaign automation so recruiters achieve high response rates. Custom search engines for 37 social networks/websites so recruiters have the most expansive view on available talent. With these capabilities, SeekOut can also reduce the investment need for multiple tools, while improving your ROI.

Heptio

Series B in 2017
Heptio is a company by founders of the Kubernetes® project, built to support and advance the open Kubernetes ecosystem. Heptio bridges the gap between enterprise IT, and the emerging world of cloud-native computing. Use tools, technology, and operations models pioneered by the internet giants, but built from the ground up for the modern enterprise. Heptio smooths the road to production use of Docker containers.

OPAL

Series B in 2016
Opal Labs Inc. operates a marketing collaboration platform designed for modern marketing teams. The platform enables organizations to plan, create, view, edit, and approve brand marketing content effectively. By facilitating alignment on strategy and streamlining the review process, Opal enhances content creation and distribution. Its intuitive interface connects various information and content, breaking down silos and reducing complexity within teams. Founded in 2009 and headquartered in Portland, Oregon, Opal focuses on improving collaboration among marketing professionals to achieve successful campaign outcomes.

Heptio

Series A in 2016
Heptio is a company by founders of the Kubernetes® project, built to support and advance the open Kubernetes ecosystem. Heptio bridges the gap between enterprise IT, and the emerging world of cloud-native computing. Use tools, technology, and operations models pioneered by the internet giants, but built from the ground up for the modern enterprise. Heptio smooths the road to production use of Docker containers.

OPAL

Series A in 2014
Opal Labs Inc. operates a marketing collaboration platform designed for modern marketing teams. The platform enables organizations to plan, create, view, edit, and approve brand marketing content effectively. By facilitating alignment on strategy and streamlining the review process, Opal enhances content creation and distribution. Its intuitive interface connects various information and content, breaking down silos and reducing complexity within teams. Founded in 2009 and headquartered in Portland, Oregon, Opal focuses on improving collaboration among marketing professionals to achieve successful campaign outcomes.

Corensic

Series A in 2009
Corensic is a technology company specializing in software quality tools designed to assist developers and IT organizations in building and deploying reliable applications, particularly in multi-core environments. Founded in late 2008 and initially known as PetraVM, Corensic aims to enhance software quality through its flagship product, Jinx. This tool helps developers identify and address hard-to-find concurrency bugs by increasing their likelihood during debugging sessions. Corensic's offerings include a Visual Studio extension and a command-line utility that work across Windows and Linux platforms, enabling users to improve application performance and reliability. The company is backed by notable investors, including Madrona Ventures and the Washington Research Foundation.

SourceLabs

Venture Round in 2006
SourceLabs is a provider of a set of tools and services used to support open source software like Linux. The company sells subscriptions for enterprise support, maintenance, and upgrades for open source software, including SASH, offers a proprietary Open Source Management System and is also behind the wiki website SWiK, a community project that documents open source software.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.