Madrona Venture Group

Madrona Venture Group is a Seattle-based venture capital firm founded in 1995 that backs technology and consumer startups from seed through growth stages. It focuses on information technology, software, digital media and advertising, e-commerce, data analytics, fintech, cloud, mobile, and AI, as well as related infrastructure, hardware, and robotics. The firm primarily targets companies in the Pacific Northwest and the broader West Coast, and often leads investments with a goal of taking board seats to help portfolio companies scale from early development to market leadership.

Tom Alberg

Co-Founder and Managing Director

Jennifer Chambers

Administrative Partner

Troy Cichos JD

COO and Partner

Hope Cochran

Venture Partner

Jack Creighton

Strategic Director

Past deals in Developer Tools

Observe

Series B in 2024
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

Unstructured

Series B in 2024
Unstructured is a developer of an open-source data transformation platform that simplifies the process of converting raw data, such as PDFs and Microsoft Office documents, into formats compatible with language models. The platform supports over 25 file types, including PDF, DOC, and PPTX, and offers connectors to various systems like SharePoint, S3, and Databricks. By facilitating effortless data extraction and integration into AI workflows, Unstructured enhances the accessibility of human-generated information, ensuring that it is readily available for generative AI systems. Its modular architecture allows users to incorporate any third-party model, making it a versatile solution for preprocessing natural language data for machine learning applications.

Clerk

Series B in 2024
Clerk is a software company that specializes in developing an authentication and user management platform designed to enhance sign-up and sign-in processes for websites. Its application allows users to manage their profiles and account security through features such as multi-factor authentication and device management, which help mitigate hacking threats. By providing an integrated user management experience, Clerk enables businesses to improve conversion rates while ensuring robust security measures are in place for their users.

Pulumi Corporation

Series C in 2023
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.

Unstructured

Series A in 2023
Unstructured is a developer of an open-source data transformation platform that simplifies the process of converting raw data, such as PDFs and Microsoft Office documents, into formats compatible with language models. The platform supports over 25 file types, including PDF, DOC, and PPTX, and offers connectors to various systems like SharePoint, S3, and Databricks. By facilitating effortless data extraction and integration into AI workflows, Unstructured enhances the accessibility of human-generated information, ensuring that it is readily available for generative AI systems. Its modular architecture allows users to incorporate any third-party model, making it a versatile solution for preprocessing natural language data for machine learning applications.

Clerk

Series A in 2023
Clerk is a software company that specializes in developing an authentication and user management platform designed to enhance sign-up and sign-in processes for websites. Its application allows users to manage their profiles and account security through features such as multi-factor authentication and device management, which help mitigate hacking threats. By providing an integrated user management experience, Clerk enables businesses to improve conversion rates while ensuring robust security measures are in place for their users.

Temporal Technologies

Series B in 2023
Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

XetHub

Seed Round in 2023
XetHub is a collaborative storage platform focused on data management and the development of Generative AI applications. It allows users to build and deploy AI solutions while managing and versioning large-scale data repositories. The platform emphasizes efficiency and speed, featuring capabilities such as data deduplication and incremental difference tracking. Its GitHub-style collaboration workflows enable users to keep models, embeddings, data, prompts, and code integrated within a single system. Additionally, XetHub allows for direct mounting of repositories, facilitating instant access to files while ensuring compliance and streamlining the machine learning development process.

Observe

Series A in 2022
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

Statsig

Series B in 2022
Statsig is a modern product experimentation platform that enables businesses to optimize their decision-making through comprehensive digital product testing. Unlike traditional A/B testing tools, Statsig tracks the impact of every feature release, allowing teams to quantify the effects of their efforts. Its Product Observability feature helps teams identify metric drops shortly after launching new features, facilitating quick adjustments to improve performance. This capability empowers product developers to conduct numerous high-quality experiments and analyze user responses to new functionalities daily. Founded by a team with a background at Facebook, Statsig aims to enhance product velocity and efficiency by providing advanced data tools and infrastructure that promote informed decision-making in product development.

Temporal Technologies

Series B in 2022
Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

Esper

Series C in 2021
Esper, founded in 2018 by Yadhu Gopalan and Shiv Sundar, specializes in device and application management solutions tailored for Android-based dedicated devices. The company's platform equips device manufacturers and chipset vendors with the necessary tools to create a streamlined Android experience, specifically designed for enterprise environments. Esper's software allows businesses to manage their device fleets comprehensively, including capabilities for real-time debugging of applications on remote devices. This functionality enhances the ability to securely deploy, monitor, and optimize applications across various edge devices in the field, fostering innovation in Android development and operations.

Statsig

Series A in 2021
Statsig is a modern product experimentation platform that enables businesses to optimize their decision-making through comprehensive digital product testing. Unlike traditional A/B testing tools, Statsig tracks the impact of every feature release, allowing teams to quantify the effects of their efforts. Its Product Observability feature helps teams identify metric drops shortly after launching new features, facilitating quick adjustments to improve performance. This capability empowers product developers to conduct numerous high-quality experiments and analyze user responses to new functionalities daily. Founded by a team with a background at Facebook, Statsig aims to enhance product velocity and efficiency by providing advanced data tools and infrastructure that promote informed decision-making in product development.

Observe

Venture Round in 2021
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

Esper

Series B in 2021
Esper, founded in 2018 by Yadhu Gopalan and Shiv Sundar, specializes in device and application management solutions tailored for Android-based dedicated devices. The company's platform equips device manufacturers and chipset vendors with the necessary tools to create a streamlined Android experience, specifically designed for enterprise environments. Esper's software allows businesses to manage their device fleets comprehensively, including capabilities for real-time debugging of applications on remote devices. This functionality enhances the ability to securely deploy, monitor, and optimize applications across various edge devices in the field, fostering innovation in Android development and operations.

Pulumi Corporation

Series B in 2020
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.

Temporal Technologies

Series A in 2020
Temporal Technologies develops an open-source microservices orchestration platform that enables developers to build and operate resilient, scalable distributed applications. The platform provides workflow orchestration for tasks of any size, with built-in support for exponential activity retries and native saga pattern coordination to ensure reliable execution across microservice architectures. It also offers development, debugging, testing, resource provisioning, and monitoring tools, along with cloud services to run Temporal workloads and manage data pipelines. The company focuses on helping teams coordinate complex distributed workflows and ensure fault tolerance. Temporal Technologies was founded in 2019 and is based in Bellevue, Washington.

Fauna

Series A in 2020
Fauna, Inc. is a cloud-based platform that specializes in providing a NoSQL database solution designed for modern serverless applications. The company's flagship product, FaunaDB, features a distributed transactional query engine, a web-native GraphQL API, and a serverless query language (FQL), enabling developers to create applications with custom business logic efficiently. FaunaDB supports various data models, including relational, document, and graph data, and offers capabilities such as access control, data isolation, encryption security, and consistent performance metrics. The platform is designed for frictionless integration with various JavaScript frameworks and programming languages, making it adaptable for diverse development environments. Founded in 2011 and headquartered in San Francisco, California, Fauna is a fully remote organization driven by a leadership team with extensive experience in the tech industry, and it serves a variety of customers, including notable innovators like Nextdoor and NVIDIA.

Wicket Labs

Venture Round in 2020
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

Esper

Series A in 2020
Esper, founded in 2018 by Yadhu Gopalan and Shiv Sundar, specializes in device and application management solutions tailored for Android-based dedicated devices. The company's platform equips device manufacturers and chipset vendors with the necessary tools to create a streamlined Android experience, specifically designed for enterprise environments. Esper's software allows businesses to manage their device fleets comprehensively, including capabilities for real-time debugging of applications on remote devices. This functionality enhances the ability to securely deploy, monitor, and optimize applications across various edge devices in the field, fostering innovation in Android development and operations.

Pulumi Corporation

Series A in 2018
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.

IOPipe

Seed Round in 2018
IOpipe is a serverless DevOps platform designed to enhance the development and operational efficiency of serverless applications. The company addresses the unique challenges that arise from the shift towards serverless computing by providing an open-source module that offers real-time telemetry, tracing, profiling, alerts, logs, and error monitoring. This functionality allows developers to gain insights into the performance and operations of their event-driven applications, particularly within Amazon Lambda functions. By adopting a customer-centric approach, IOpipe collaborates closely with its users to address their challenges effectively. The company emphasizes building a remote-first and diverse team that is dedicated to creating a leading product for serverless application development and operations.

Wicket Labs

Seed Round in 2018
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

Jama Software

Venture Round in 2018
Jama Software, Inc. is a developer of a requirements management platform that aids organizations in creating complex products and mission-critical software systems. Founded in 2006 and headquartered in Portland, Oregon, with an additional office in Haarlem, the Netherlands, Jama Software offers Jama Connect, a solution designed to streamline the product development lifecycle from idea to launch. The platform enables detailed impact assessments from a single source, enhancing collaboration and reducing errors associated with disparate data sources. It serves various industries, including aerospace and defense, automotive, consumer electronics, enterprise software and services, financial services and insurance, industrial technology, medical devices, and semiconductors. By managing both operational and strategic elements of product development, Jama Software helps organizations improve product quality, mitigate risks, and accelerate their time to market.

Pulumi Corporation

Seed Round in 2018
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.

Pulse Labs - The Best Insights Have a Pulse

Seed Round in 2018
Pulse Labs is a Seattle-based company that specializes in user testing for voice applications within the voice ecosystem, including platforms like Amazon Alexa and Google Assistant. Founded in 2017, Pulse Labs offers a comprehensive platform that enables developers and designers to conduct rigorous testing of their voice applications with real users from diverse demographics. By capturing real-time interactions and analyzing user behavior, the company provides valuable insights that help businesses enhance user experience and satisfaction. Pulse Labs has positioned itself as a premier solution for obtaining user feedback, facilitating informed product development in the rapidly evolving voice application market. The company was also selected as one of the nine startups in the inaugural Alexa Accelerator, which is supported by Amazon's Alexa Fund and Techstars Seattle.

IOPipe

Seed Round in 2017
IOpipe is a serverless DevOps platform designed to enhance the development and operational efficiency of serverless applications. The company addresses the unique challenges that arise from the shift towards serverless computing by providing an open-source module that offers real-time telemetry, tracing, profiling, alerts, logs, and error monitoring. This functionality allows developers to gain insights into the performance and operations of their event-driven applications, particularly within Amazon Lambda functions. By adopting a customer-centric approach, IOpipe collaborates closely with its users to address their challenges effectively. The company emphasizes building a remote-first and diverse team that is dedicated to creating a leading product for serverless application development and operations.

Wicket Labs

Seed Round in 2017
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

Jama Software

Series C in 2015
Jama Software, Inc. is a developer of a requirements management platform that aids organizations in creating complex products and mission-critical software systems. Founded in 2006 and headquartered in Portland, Oregon, with an additional office in Haarlem, the Netherlands, Jama Software offers Jama Connect, a solution designed to streamline the product development lifecycle from idea to launch. The platform enables detailed impact assessments from a single source, enhancing collaboration and reducing errors associated with disparate data sources. It serves various industries, including aerospace and defense, automotive, consumer electronics, enterprise software and services, financial services and insurance, industrial technology, medical devices, and semiconductors. By managing both operational and strategic elements of product development, Jama Software helps organizations improve product quality, mitigate risks, and accelerate their time to market.

Shippable

Series A in 2014
Shippable, Inc., founded in 2013 and based in Bellevue, Washington, offers a Software-as-a-Service (SaaS) platform designed to enhance the software development process. The company's primary product, Shippable, enables businesses to integrate continuous integration and deployment into their GitHub and Bitbucket repositories. This platform automates tasks such as packaging and deploying web applications, automated testing, and continuous integration/deployment. By leveraging Docker technology, Shippable provides a powerful continuous integration platform that streamlines workflows across teams and tools, facilitating faster and more reliable software releases. The company serves clients globally and was formerly known as Qhode Inc. before changing its name in December 2013.

Shippable

Seed Round in 2013
Shippable, Inc., founded in 2013 and based in Bellevue, Washington, offers a Software-as-a-Service (SaaS) platform designed to enhance the software development process. The company's primary product, Shippable, enables businesses to integrate continuous integration and deployment into their GitHub and Bitbucket repositories. This platform automates tasks such as packaging and deploying web applications, automated testing, and continuous integration/deployment. By leveraging Docker technology, Shippable provides a powerful continuous integration platform that streamlines workflows across teams and tools, facilitating faster and more reliable software releases. The company serves clients globally and was formerly known as Qhode Inc. before changing its name in December 2013.

Jama Software

Series B in 2013
Jama Software, Inc. is a developer of a requirements management platform that aids organizations in creating complex products and mission-critical software systems. Founded in 2006 and headquartered in Portland, Oregon, with an additional office in Haarlem, the Netherlands, Jama Software offers Jama Connect, a solution designed to streamline the product development lifecycle from idea to launch. The platform enables detailed impact assessments from a single source, enhancing collaboration and reducing errors associated with disparate data sources. It serves various industries, including aerospace and defense, automotive, consumer electronics, enterprise software and services, financial services and insurance, industrial technology, medical devices, and semiconductors. By managing both operational and strategic elements of product development, Jama Software helps organizations improve product quality, mitigate risks, and accelerate their time to market.

Corensic

Series A in 2009
Corensic is a technology company that specializes in software quality tools designed to enhance the reliability of applications in multi-core environments. Founded in late 2008 and originally known as PetraVM, Corensic aims to support developers and IT organizations in building higher quality software. Its flagship product, Jinx, is a tool that helps identify and address concurrency bugs by increasing the likelihood of their occurrence during debugging, thereby allowing for more effective troubleshooting. Corensic's offerings include a Visual Studio extension and a command-line utility, which assist developers and testers in improving the performance and stability of both Windows and Linux applications.

Statsig

Statsig is a modern product experimentation platform that enables businesses to optimize their decision-making through comprehensive digital product testing. Unlike traditional A/B testing tools, Statsig tracks the impact of every feature release, allowing teams to quantify the effects of their efforts. Its Product Observability feature helps teams identify metric drops shortly after launching new features, facilitating quick adjustments to improve performance. This capability empowers product developers to conduct numerous high-quality experiments and analyze user responses to new functionalities daily. Founded by a team with a background at Facebook, Statsig aims to enhance product velocity and efficiency by providing advanced data tools and infrastructure that promote informed decision-making in product development.
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