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 GovTech

Eclypsium

Series C in 2025
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Eclypsium

Series C in 2024
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Lassen Peak

Series A in 2023
Lassen Peak is a technology company focused on transforming weapon detection procedures into safer, more efficient, and dignified experiences. It is developing handheld devices that enable accurate weapon detection in various environments while maintaining a safe distance and avoiding physical contact. The technology emphasizes the protection of civil rights and privacy, aiming to provide greater accountability compared to traditional manual pat-downs. By facilitating de-escalation in situations where there is no threat, Lassen Peak's solutions enhance safety and improve the overall experience for all individuals involved.

Eclypsium

Series B in 2022
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Echodyne

Series D in 2022
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Eclypsium

Series B in 2020
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Eclypsium

Convertible Note in 2020
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Echodyne

Series C in 2019
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Eclypsium

Series A in 2018
Eclypsium develops a cloud-based platform that secures the unprotected firmware and hardware layer of enterprises. Its solution safeguards laptops, servers, and networking infrastructure against threats originating below the operating system.

Echodyne

Series B in 2017
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Icebrg

Series A in 2016
Icebrg is a network security software company founded in 2014 and headquartered in Seattle, Washington. It offers a machine-recognition-based platform that facilitates the deployment of enterprise-level security without the need for custom coding. This technology is designed to protect both proprietary and consumer data, allowing organizations and governments to respond swiftly to security threats. Icebrg's platform aims to reduce risk and improve response times by providing real-time forensics, enhancing the overall effectiveness of security measures.

Echodyne

Series A in 2014
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Icebrg

Seed Round in 2014
Icebrg is a network security software company founded in 2014 and headquartered in Seattle, Washington. It offers a machine-recognition-based platform that facilitates the deployment of enterprise-level security without the need for custom coding. This technology is designed to protect both proprietary and consumer data, allowing organizations and governments to respond swiftly to security threats. Icebrg's platform aims to reduce risk and improve response times by providing real-time forensics, enhancing the overall effectiveness of security measures.

ExtraHop Networks

Series C in 2014
ExtraHop Networks, Inc. specializes in real-time wire data analytics solutions that enhance application and infrastructure monitoring for organizations. Founded in 2007 and based in Seattle, Washington, ExtraHop offers its ExtraHop platform, which provides operational intelligence to IT teams, enabling them to proactively identify and resolve issues, collaborate effectively, and support various IT initiatives. The company's offerings include the ExtraHop Addy cloud service, which utilizes machine learning to deliver real-time insights, and Reveal(x) 360, a SaaS-based solution designed for network detection and response across multicloud and hybrid environments. ExtraHop's technology supports a wide range of sectors, including healthcare, finance, retail, and government, by facilitating threat detection, investigation, and compliance. The company also provides professional services, training, and support to ensure effective deployment and utilization of its solutions.

ExtraHop Networks

Series C in 2013
ExtraHop Networks, Inc. specializes in real-time wire data analytics solutions that enhance application and infrastructure monitoring for organizations. Founded in 2007 and based in Seattle, Washington, ExtraHop offers its ExtraHop platform, which provides operational intelligence to IT teams, enabling them to proactively identify and resolve issues, collaborate effectively, and support various IT initiatives. The company's offerings include the ExtraHop Addy cloud service, which utilizes machine learning to deliver real-time insights, and Reveal(x) 360, a SaaS-based solution designed for network detection and response across multicloud and hybrid environments. ExtraHop's technology supports a wide range of sectors, including healthcare, finance, retail, and government, by facilitating threat detection, investigation, and compliance. The company also provides professional services, training, and support to ensure effective deployment and utilization of its solutions.

ExtraHop Networks

Series B in 2011
ExtraHop Networks, Inc. specializes in real-time wire data analytics solutions that enhance application and infrastructure monitoring for organizations. Founded in 2007 and based in Seattle, Washington, ExtraHop offers its ExtraHop platform, which provides operational intelligence to IT teams, enabling them to proactively identify and resolve issues, collaborate effectively, and support various IT initiatives. The company's offerings include the ExtraHop Addy cloud service, which utilizes machine learning to deliver real-time insights, and Reveal(x) 360, a SaaS-based solution designed for network detection and response across multicloud and hybrid environments. ExtraHop's technology supports a wide range of sectors, including healthcare, finance, retail, and government, by facilitating threat detection, investigation, and compliance. The company also provides professional services, training, and support to ensure effective deployment and utilization of its solutions.

ExtraHop Networks

Series A in 2009
ExtraHop Networks, Inc. specializes in real-time wire data analytics solutions that enhance application and infrastructure monitoring for organizations. Founded in 2007 and based in Seattle, Washington, ExtraHop offers its ExtraHop platform, which provides operational intelligence to IT teams, enabling them to proactively identify and resolve issues, collaborate effectively, and support various IT initiatives. The company's offerings include the ExtraHop Addy cloud service, which utilizes machine learning to deliver real-time insights, and Reveal(x) 360, a SaaS-based solution designed for network detection and response across multicloud and hybrid environments. ExtraHop's technology supports a wide range of sectors, including healthcare, finance, retail, and government, by facilitating threat detection, investigation, and compliance. The company also provides professional services, training, and support to ensure effective deployment and utilization of its solutions.

ExtraHop Networks

Seed Round in 2007
ExtraHop Networks, Inc. specializes in real-time wire data analytics solutions that enhance application and infrastructure monitoring for organizations. Founded in 2007 and based in Seattle, Washington, ExtraHop offers its ExtraHop platform, which provides operational intelligence to IT teams, enabling them to proactively identify and resolve issues, collaborate effectively, and support various IT initiatives. The company's offerings include the ExtraHop Addy cloud service, which utilizes machine learning to deliver real-time insights, and Reveal(x) 360, a SaaS-based solution designed for network detection and response across multicloud and hybrid environments. ExtraHop's technology supports a wide range of sectors, including healthcare, finance, retail, and government, by facilitating threat detection, investigation, and compliance. The company also provides professional services, training, and support to ensure effective deployment and utilization of its solutions.
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