Madrona

Madrona Venture Group, established in 1995 and headquartered in Seattle, Washington, is a venture capital firm focusing on early-stage investments in the information technology sector. The firm primarily invests in the Pacific Northwest region, with a preference for companies operating in consumer Internet, commercial software, digital media, and emerging technologies like AI/ML and fintech. Madrona typically invests between $2 million and $10 million, often taking a board seat in portfolio companies.

Tom Alberg

Co-Founder and Managing Director

Loren Alhadeff

Venture Partner

Anna Baird

Operating Partner

Elisa La Cava

Senior Associate

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

Maria Gilfoyle

Investor

Paul Goodrich

Co-Founder and Managing Director

Gerald Grinstein

Co-Founder and Strategic Director

Joe Horsman

Investor

Scott Jacobson

Managing Director

Len Jordan

Venture Partner

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Babak Parviz

Venture Partner

Chris Picardo

Senior Associate

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

Dan Weld

Venture Partner

Past deals in Infrastructure

Eclypsium

Series C in 2025
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Eclypsium

Series C in 2024
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Zoo

Seed Round in 2023
Zoo is an infrastructure company that focuses on creating solutions for hardware design. Founded in 2021 and based in Inglewood, California, Zoo integrates various tools and technologies to support hardware designers. Its offerings include automation, websites, and applications that facilitate the development of innovative hardware design tools. By providing a cohesive platform, Zoo aims to enhance the capabilities available to developers in this sector, enabling a new generation of hardware design tools that share common functionalities.

Eclypsium

Series B in 2022
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Spotnana

Series B in 2022
Spotnana is a travel platform that aims to modernize the infrastructure of the travel industry, enhancing the experience for both corporations and consumers. Its innovative Travel-as-a-Service platform simplifies and reduces costs associated with travel, while also modernizing the way travel suppliers manage and sell their inventory. By doing so, Spotnana enables companies to offer superior global travel experiences to their customers, fostering transparency and trust in the travel process. The platform is designed to connect people and make travel more accessible and efficient for everyone.

MontyCloud

Seed Round in 2022
MontyCloud Inc. is a technology company that specializes in creating an artificial intelligence-driven software-as-a-service (SaaS) platform for managing and governing cloud infrastructure, applications, and services. Founded in 2018 and located in Woodinville, Washington, MontyCloud offers solutions that simplify the management of cloud services, automate maintenance tasks, and streamline governance and compliance processes. Its platform employs an event-driven architecture, integrating AI and machine learning to provide automation and actionable insights. The company addresses key areas such as cloud cost management, security, compliance automation, and disaster recovery, enabling clients to achieve consistent, policy-driven management across diverse cloud environments.

Spotnana

Series A in 2021
Spotnana is a travel platform that aims to modernize the infrastructure of the travel industry, enhancing the experience for both corporations and consumers. Its innovative Travel-as-a-Service platform simplifies and reduces costs associated with travel, while also modernizing the way travel suppliers manage and sell their inventory. By doing so, Spotnana enables companies to offer superior global travel experiences to their customers, fostering transparency and trust in the travel process. The platform is designed to connect people and make travel more accessible and efficient for everyone.

Eclypsium

Series B in 2020
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Eclypsium

Convertible Note in 2020
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Qumulo

Series E in 2020
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Spotnana

Seed Round in 2020
Spotnana is a travel platform that aims to modernize the infrastructure of the travel industry, enhancing the experience for both corporations and consumers. Its innovative Travel-as-a-Service platform simplifies and reduces costs associated with travel, while also modernizing the way travel suppliers manage and sell their inventory. By doing so, Spotnana enables companies to offer superior global travel experiences to their customers, fostering transparency and trust in the travel process. The platform is designed to connect people and make travel more accessible and efficient for everyone.

MontyCloud

Seed Round in 2019
MontyCloud Inc. is a technology company that specializes in creating an artificial intelligence-driven software-as-a-service (SaaS) platform for managing and governing cloud infrastructure, applications, and services. Founded in 2018 and located in Woodinville, Washington, MontyCloud offers solutions that simplify the management of cloud services, automate maintenance tasks, and streamline governance and compliance processes. Its platform employs an event-driven architecture, integrating AI and machine learning to provide automation and actionable insights. The company addresses key areas such as cloud cost management, security, compliance automation, and disaster recovery, enabling clients to achieve consistent, policy-driven management across diverse cloud environments.

Clusterone

Seed Round in 2019
Clusterone, formerly known as Good AI Lab, Inc., is a company based in Seattle, Washington, that specializes in providing a cloud platform for deep learning and machine learning applications. Founded in 2016, Clusterone offers a distributed machine learning platform specifically designed for the TensorFlow framework, enabling users to optimize the training of their machine learning models. The platform allows data scientists to aggregate computational resources from various locations, providing them with the flexibility to manage workloads on any infrastructure without the burden of traditional IT management. By automating and optimizing infrastructure management, Clusterone empowers businesses to focus on developing AI models and executing complex machine learning workflows efficiently.

Eclypsium

Series A in 2018
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

Qumulo

Series D in 2018
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Qumulo

Series C in 2017
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Qumulo

Series C in 2016
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Cedexis

Series B in 2016
Cedexis Inc. specializes in internet performance control and monitoring solutions, focusing on optimizing web performance across various data centers, delivery networks, and clouds. Founded in 2009 by industry veterans Marty Kagan and Julien Coulon, the company offers a suite of products, including Cedexis Radar, a traffic management platform, and Cedexis Openmix, which routes traffic based on real-time performance data from multiple cloud providers. Cedexis Pulse enhances Openmix by allowing customers to define application-specific information, while the company's predictive load balancing solutions cater specifically to streaming video publishers. Cedexis aids companies in making informed vendor selections by providing comparative assessments of cloud performance and availability, thus enabling cost-effective trade-offs. With offices in Portland, San Francisco, Paris, London, and sales representation across several countries, Cedexis serves a global clientele, helping businesses ensure optimal online performance, fast page loads, and overall revenue growth through enhanced user experience. The company operates as a subsidiary of Citrix Systems.

Qumulo

Series B in 2015
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Union Bay Networks

Seed Round in 2013
Union Bay Networks specializes in developing networking software designed to facilitate cloud computing and software-defined data centers. The company's innovative platform aims to enhance networking capabilities, allowing for more efficient data management and connectivity in modern digital environments. By focusing on solutions that optimize network infrastructure, Union Bay Networks addresses the evolving needs of businesses transitioning to cloud-based operations.

Qumulo

Series A in 2012
Qumulo, Inc. develops a file data platform tailored for multi-cloud environments, focusing on enterprise data management. The core offering, Qumulo software, serves as an enterprise hybrid cloud file storage solution, providing real-time visibility, scalability, and control over data across data centers and public clouds. It supports secure, shared access to unstructured data through various protocols including SMB, NFS, and REST. The company also offers an NVMe file storage system, hybrid SSD storage, and cloud file storage solutions. Additionally, Qumulo provides professional services such as installation, data migration, advanced training, consulting, and systems health checks. Its data-awareness solutions cater to a diverse clientele, including Fortune 500 companies, film studios, and sectors like media and entertainment, research computing, public sector, and healthcare. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Cedexis

Series A in 2011
Cedexis Inc. specializes in internet performance control and monitoring solutions, focusing on optimizing web performance across various data centers, delivery networks, and clouds. Founded in 2009 by industry veterans Marty Kagan and Julien Coulon, the company offers a suite of products, including Cedexis Radar, a traffic management platform, and Cedexis Openmix, which routes traffic based on real-time performance data from multiple cloud providers. Cedexis Pulse enhances Openmix by allowing customers to define application-specific information, while the company's predictive load balancing solutions cater specifically to streaming video publishers. Cedexis aids companies in making informed vendor selections by providing comparative assessments of cloud performance and availability, thus enabling cost-effective trade-offs. With offices in Portland, San Francisco, Paris, London, and sales representation across several countries, Cedexis serves a global clientele, helping businesses ensure optimal online performance, fast page loads, and overall revenue growth through enhanced user experience. The company operates as a subsidiary of Citrix Systems.

Isilon Systems

Series E in 2006
Isilon Systems specializes in providing intelligent clustered storage solutions for digital content and unstructured data. Its flagship product, Isilon IQ, integrates an intelligent distributed file system with modular, industry-standard hardware, facilitating exceptional simplicity and scalability. This storage system is particularly suited for data-intensive sectors such as media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's offerings enable efficient storage and management of a wide array of file-based data, including video, audio, digital images, and simulation data, making it a vital resource for industries that rely heavily on large volumes of digital information.

Isilon Systems

Series D in 2005
Isilon Systems specializes in providing intelligent clustered storage solutions for digital content and unstructured data. Its flagship product, Isilon IQ, integrates an intelligent distributed file system with modular, industry-standard hardware, facilitating exceptional simplicity and scalability. This storage system is particularly suited for data-intensive sectors such as media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's offerings enable efficient storage and management of a wide array of file-based data, including video, audio, digital images, and simulation data, making it a vital resource for industries that rely heavily on large volumes of digital information.

Isilon Systems

Series C in 2004
Isilon Systems specializes in providing intelligent clustered storage solutions for digital content and unstructured data. Its flagship product, Isilon IQ, integrates an intelligent distributed file system with modular, industry-standard hardware, facilitating exceptional simplicity and scalability. This storage system is particularly suited for data-intensive sectors such as media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's offerings enable efficient storage and management of a wide array of file-based data, including video, audio, digital images, and simulation data, making it a vital resource for industries that rely heavily on large volumes of digital information.

Isilon Systems

Series B in 2002
Isilon Systems specializes in providing intelligent clustered storage solutions for digital content and unstructured data. Its flagship product, Isilon IQ, integrates an intelligent distributed file system with modular, industry-standard hardware, facilitating exceptional simplicity and scalability. This storage system is particularly suited for data-intensive sectors such as media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's offerings enable efficient storage and management of a wide array of file-based data, including video, audio, digital images, and simulation data, making it a vital resource for industries that rely heavily on large volumes of digital information.

Isilon Systems

Series A in 2001
Isilon Systems specializes in providing intelligent clustered storage solutions for digital content and unstructured data. Its flagship product, Isilon IQ, integrates an intelligent distributed file system with modular, industry-standard hardware, facilitating exceptional simplicity and scalability. This storage system is particularly suited for data-intensive sectors such as media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's offerings enable efficient storage and management of a wide array of file-based data, including video, audio, digital images, and simulation data, making it a vital resource for industries that rely heavily on large volumes of digital information.
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