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 Storage Services

Bobsled

Series A in 2023
Bobsled is a developer of a no-code data-sharing platform that simplifies and streamlines the process of sharing data across various cloud environments. The platform offers a comprehensive solution for managing essential aspects of data sharing, including distribution, security, updates, versioning, entitlements, and telemetry. By removing the complexities associated with traditional data sharing methods, Bobsled allows data teams to concentrate on more valuable tasks. Its intuitive interface enables clients to select the appropriate data, update it efficiently, and deliver it to their desired locations, making it a versatile tool for organizations seeking to optimize their data management processes.

Flexe

Series D in 2022
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Flexe

Series C in 2020
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Qumulo

Series E in 2020
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Flexe

Series B in 2019
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Igneous

Series C in 2019
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Qumulo

Series D in 2018
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Igneous

Series B in 2018
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Qumulo

Series C in 2017
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

2nd Watch

Series D in 2017
2nd Watch, Inc. is a cloud-computing company that specializes in building, deploying, and managing IT operations on Amazon Web Services (AWS) for enterprise clients. The company provides a range of services including cloud migration assessments, security evaluations, migration strategies, and consulting on architecture design. Its offerings also encompass a managed cloud platform that oversees daily operations within AWS environments, as well as cloud training sessions and lifecycle engagement services that cover the complete spectrum from assessment to infrastructure management. Additionally, 2nd Watch offers cloud disaster recovery solutions to help businesses develop and implement effective disaster recovery plans using cloud technology. As an AWS Premier Partner and a Microsoft Azure Gold Partner, 2nd Watch utilizes proprietary tools to automate workload management in various sectors. Founded in 2010 and headquartered in Liberty Lake, Washington, the company has additional locations in Seattle, San Francisco, and New York.

Qumulo

Series C in 2016
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Qumulo

Series B in 2015
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

2nd Watch

Series C in 2014
2nd Watch, Inc. is a cloud-computing company that specializes in building, deploying, and managing IT operations on Amazon Web Services (AWS) for enterprise clients. The company provides a range of services including cloud migration assessments, security evaluations, migration strategies, and consulting on architecture design. Its offerings also encompass a managed cloud platform that oversees daily operations within AWS environments, as well as cloud training sessions and lifecycle engagement services that cover the complete spectrum from assessment to infrastructure management. Additionally, 2nd Watch offers cloud disaster recovery solutions to help businesses develop and implement effective disaster recovery plans using cloud technology. As an AWS Premier Partner and a Microsoft Azure Gold Partner, 2nd Watch utilizes proprietary tools to automate workload management in various sectors. Founded in 2010 and headquartered in Liberty Lake, Washington, the company has additional locations in Seattle, San Francisco, and New York.

Igneous

Series A in 2014
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Igneous

Seed Round in 2013
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

2nd Watch

Series C in 2013
2nd Watch, Inc. is a cloud-computing company that specializes in building, deploying, and managing IT operations on Amazon Web Services (AWS) for enterprise clients. The company provides a range of services including cloud migration assessments, security evaluations, migration strategies, and consulting on architecture design. Its offerings also encompass a managed cloud platform that oversees daily operations within AWS environments, as well as cloud training sessions and lifecycle engagement services that cover the complete spectrum from assessment to infrastructure management. Additionally, 2nd Watch offers cloud disaster recovery solutions to help businesses develop and implement effective disaster recovery plans using cloud technology. As an AWS Premier Partner and a Microsoft Azure Gold Partner, 2nd Watch utilizes proprietary tools to automate workload management in various sectors. Founded in 2010 and headquartered in Liberty Lake, Washington, the company has additional locations in Seattle, San Francisco, and New York.

2nd Watch

Series B in 2012
2nd Watch, Inc. is a cloud-computing company that specializes in building, deploying, and managing IT operations on Amazon Web Services (AWS) for enterprise clients. The company provides a range of services including cloud migration assessments, security evaluations, migration strategies, and consulting on architecture design. Its offerings also encompass a managed cloud platform that oversees daily operations within AWS environments, as well as cloud training sessions and lifecycle engagement services that cover the complete spectrum from assessment to infrastructure management. Additionally, 2nd Watch offers cloud disaster recovery solutions to help businesses develop and implement effective disaster recovery plans using cloud technology. As an AWS Premier Partner and a Microsoft Azure Gold Partner, 2nd Watch utilizes proprietary tools to automate workload management in various sectors. Founded in 2010 and headquartered in Liberty Lake, Washington, the company has additional locations in Seattle, San Francisco, and New York.

Qumulo

Series A in 2012
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Tier 3

Series B in 2012
Tier 3 unleashes business agility through unique, enterprise-class cloud services and software that puts global companies on the path to IT as a Service. The company’s virtual private cloud services combine both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities. Global enterprises and service providers find the Tier 3 Cloud ideal for their entire business application portfolios, from development to production environments and mission-critical applications.

ThisLife

Seed Round in 2012
ThisLife is a cloud-based platform that specializes in organizing and protecting users' photos and videos. It gathers images and videos from various sources, including personal devices and social media platforms, and compiles them into a private archive. ThisLife enables users to easily search and retrieve specific moments from their extensive collections, which can exceed 40,000 items. The service is particularly designed for families and photography enthusiasts, offering features to create visual timelines and share cherished memories securely.

AppFog

Series B in 2011
AppFog is a Platform-as-a-Service (PaaS) provider that facilitates the creation and management of cloud-native applications. It supports various programming languages, including Java, Python, PHP, and Ruby, and offers the flexibility to integrate with multiple cloud infrastructures, such as CenturyLink Cloud and AWS across several regions. The platform allows users to deploy, manage, and scale applications seamlessly within public, private, and hybrid cloud environments. Additionally, AppFog provides a powerful command line interface and a robust API, enabling customers to effectively manage their applications' lifecycle and optimize their cloud resources.

Tier 3

Series A in 2011
Tier 3 unleashes business agility through unique, enterprise-class cloud services and software that puts global companies on the path to IT as a Service. The company’s virtual private cloud services combine both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities. Global enterprises and service providers find the Tier 3 Cloud ideal for their entire business application portfolios, from development to production environments and mission-critical applications.

AppFog

Series A in 2011
AppFog is a Platform-as-a-Service (PaaS) provider that facilitates the creation and management of cloud-native applications. It supports various programming languages, including Java, Python, PHP, and Ruby, and offers the flexibility to integrate with multiple cloud infrastructures, such as CenturyLink Cloud and AWS across several regions. The platform allows users to deploy, manage, and scale applications seamlessly within public, private, and hybrid cloud environments. Additionally, AppFog provides a powerful command line interface and a robust API, enabling customers to effectively manage their applications' lifecycle and optimize their cloud resources.

Bag Borrow or Steal

Series A in 2007
Bag Borrow or Steal, Inc. is an online boutique specializing in the borrowing, collecting, and sharing of luxury accessories for both men and women. Founded in 2004 and based in Seattle, Washington, the company offers a diverse selection of pre-owned designer handbags, luggage, shoes, jewelry, watches, and sunglasses. In addition to its rental services, Bag Borrow or Steal provides customers with the opportunity to sell their handbags and access cleaning, repair, and refurbishment services. Originally known as Avelle Inc., the company rebranded in July 2011 to better reflect its focus on luxury fashion accessories. Bag Borrow or Steal aims to create a convenient online shopping experience while keeping customers informed about the latest fashion trends.

Isilon Systems

Series E in 2006
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Isilon Systems

Series D in 2005
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.
Wireless Services Corporation offers advanced data solutions for wireless carriers.

Isilon Systems

Series C in 2004
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Isilon Systems

Series B in 2002
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Isilon Systems

Series A in 2001
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Wireless Services Corporation

Venture Round in 2000
Wireless Services Corporation offers advanced data solutions for wireless carriers.
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