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

Loren Alhadeff

Venture Partner

Jennifer Chambers

Administrative Partner

Troy Cichos JD

Partner

Hope Cochran

Venture Partner

Jack Creighton

Strategic Director

Aseem Datar

Partner

Patrick J. Ennis

Venture Partner

Maggie Finch

Partner

Maria Gilfoyle

Investor

Palak Goel

Investor

Paul Goodrich

Managing Director

Gerald Grinstein

Co-Founder and Strategic Director

Joseph Horsman

Investor

Scott Jacobson

Managing Director

Len Jordan

Managing Director

Ted Kummert

Venture Partner

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Mark T. Nelson

Venture Partner

Babak Parviz

Venture Partner

James Phillips

Strategic Director

Chris Picardo

Partner

Tim Porter

Managing Director

Vivek Ramaswami

Partner

Bill Richter

Venture Partner

William Ruckelshaus

Strategic Director

Siddharth Shenai JD

Venture Partner

Steve Singh

Managing Director

Soma Somasegar

Managing Director

John Torrey

Venture Partner

Jon Turow

Partner

Ishani Ummat

Investor

Dan Weld

Venture Partner

Past deals in Infrastructure

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.

Zoo

Seed Round in 2023
Founded in 2021, Zoo is headquartered in Inglewood, California. It specializes in creating infrastructure for hardware design, focusing on generative AI to develop full-stack tools that automate and streamline the process of building hardware.

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.

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.

Spotnana

Series B in 2022
Spotnana is a travel technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

Spotnana

Series A in 2021
Spotnana is a travel technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

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.

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.

Qumulo

Series E in 2020
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. 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 technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

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.

Clusterone

Seed Round in 2019
Clusterone, formerly known as Good AI Lab, Inc., is a Seattle-based company that specializes in developing a cloud platform designed to aggregate computational resources and facilitate machine learning processes. Founded in 2016, Clusterone offers a distributed machine learning platform that optimizes the training of models using the TensorFlow framework. The company provides a serverless AI operating system that alleviates the burden of infrastructure management from IT teams, allowing them to concentrate on developing AI models instead of handling operational tasks. By enabling data scientists to run machine learning and deep learning workloads efficiently across various infrastructures, Clusterone enhances automation and optimization in deploying AI systems.

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.

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.

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.

Qumulo

Series D in 2018
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

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, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

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. Founded in 2010 and headquartered in Liberty Lake, Washington, with additional offices in Seattle, San Francisco, and New York, the company provides a range of services including cloud migration, optimization assessments, security assessments, and consulting. Its offerings encompass architecture design, application replatforming, and managed cloud operations, along with lifecycle engagement services that cover the assessment, design, deployment, management, optimization, and decommissioning of cloud infrastructure. Additionally, 2nd Watch delivers cloud disaster recovery solutions to help organizations develop and implement effective recovery plans. As an AWS Premier Partner and Microsoft Azure Gold Partner, the company employs proprietary tools to enhance workload management for various sectors across the United States.

Qumulo

Series C in 2016
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Cedexis

Series B in 2016
Cedexis Inc. is a company that specializes in Internet performance control and monitoring solutions. Founded in 2009 by veterans of the web hosting and content delivery market, Cedexis provides a suite of tools designed to optimize web performance across various data centers, delivery networks, and clouds. Its flagship products include Cedexis Radar, a traffic management platform; Cedexis Openmix, a data-driven cloud routing platform that directs traffic based on real-time performance data; and Cedexis Pulse, which allows users to access application-specific information. The company offers adaptive automation to optimize traffic dynamically, ensuring that businesses can select the best-performing clouds for their needs. Cedexis is particularly valuable for media, retail, and consumer brands that depend on high availability and fast load times to enhance user experience and drive revenue. Headquartered in Portland, Oregon, Cedexis also has offices in Paris, San Francisco, and sales representatives across multiple countries including the United Kingdom and Germany.

Qumulo

Series B in 2015
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

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. Founded in 2010 and headquartered in Liberty Lake, Washington, with additional offices in Seattle, San Francisco, and New York, the company provides a range of services including cloud migration, optimization assessments, security assessments, and consulting. Its offerings encompass architecture design, application replatforming, and managed cloud operations, along with lifecycle engagement services that cover the assessment, design, deployment, management, optimization, and decommissioning of cloud infrastructure. Additionally, 2nd Watch delivers cloud disaster recovery solutions to help organizations develop and implement effective recovery plans. As an AWS Premier Partner and Microsoft Azure Gold Partner, the company employs proprietary tools to enhance workload management for various sectors across the United States.

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. Founded in 2010 and headquartered in Liberty Lake, Washington, with additional offices in Seattle, San Francisco, and New York, the company provides a range of services including cloud migration, optimization assessments, security assessments, and consulting. Its offerings encompass architecture design, application replatforming, and managed cloud operations, along with lifecycle engagement services that cover the assessment, design, deployment, management, optimization, and decommissioning of cloud infrastructure. Additionally, 2nd Watch delivers cloud disaster recovery solutions to help organizations develop and implement effective recovery plans. As an AWS Premier Partner and Microsoft Azure Gold Partner, the company employs proprietary tools to enhance workload management for various sectors across the United States.

Union Bay Networks

Seed Round in 2013
Union Bay Networks is a developer of networking software focused on providing solutions for cloud computing and software-defined data centers. The company is dedicated to creating a software platform that facilitates efficient networking, addressing the unique demands of modern data management and cloud infrastructure. By integrating advanced networking capabilities, Union Bay Networks aims to enhance the operational effectiveness and scalability of data centers, contributing to the evolution of cloud-based technologies.

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. Founded in 2010 and headquartered in Liberty Lake, Washington, with additional offices in Seattle, San Francisco, and New York, the company provides a range of services including cloud migration, optimization assessments, security assessments, and consulting. Its offerings encompass architecture design, application replatforming, and managed cloud operations, along with lifecycle engagement services that cover the assessment, design, deployment, management, optimization, and decommissioning of cloud infrastructure. Additionally, 2nd Watch delivers cloud disaster recovery solutions to help organizations develop and implement effective recovery plans. As an AWS Premier Partner and Microsoft Azure Gold Partner, the company employs proprietary tools to enhance workload management for various sectors across the United States.

Qumulo

Series A in 2012
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Cedexis

Series A in 2011
Cedexis Inc. is a company that specializes in Internet performance control and monitoring solutions. Founded in 2009 by veterans of the web hosting and content delivery market, Cedexis provides a suite of tools designed to optimize web performance across various data centers, delivery networks, and clouds. Its flagship products include Cedexis Radar, a traffic management platform; Cedexis Openmix, a data-driven cloud routing platform that directs traffic based on real-time performance data; and Cedexis Pulse, which allows users to access application-specific information. The company offers adaptive automation to optimize traffic dynamically, ensuring that businesses can select the best-performing clouds for their needs. Cedexis is particularly valuable for media, retail, and consumer brands that depend on high availability and fast load times to enhance user experience and drive revenue. Headquartered in Portland, Oregon, Cedexis also has offices in Paris, San Francisco, and sales representatives across multiple countries including the United Kingdom and Germany.

Isilon Systems

Series E in 2006
Isilon Systems is a developer of intelligent clustered storage systems designed for managing digital content and unstructured data. The company's flagship product, Isilon IQ, integrates a high-performance clustered storage architecture with a distributed file system, offering exceptional simplicity and scalability. Isilon's solutions cater to data-intensive industries, including media and entertainment, digital imaging, life sciences, and oil and gas, enabling efficient storage and management of file-based data such as video, audio, digital images, and simulation data. Through its innovative technology, Isilon Systems addresses the growing demands for storage in various sectors that require robust data handling capabilities.

Isilon Systems

Series D in 2005
Isilon Systems is a developer of intelligent clustered storage systems designed for managing digital content and unstructured data. The company's flagship product, Isilon IQ, integrates a high-performance clustered storage architecture with a distributed file system, offering exceptional simplicity and scalability. Isilon's solutions cater to data-intensive industries, including media and entertainment, digital imaging, life sciences, and oil and gas, enabling efficient storage and management of file-based data such as video, audio, digital images, and simulation data. Through its innovative technology, Isilon Systems addresses the growing demands for storage in various sectors that require robust data handling capabilities.

Isilon Systems

Series C in 2004
Isilon Systems is a developer of intelligent clustered storage systems designed for managing digital content and unstructured data. The company's flagship product, Isilon IQ, integrates a high-performance clustered storage architecture with a distributed file system, offering exceptional simplicity and scalability. Isilon's solutions cater to data-intensive industries, including media and entertainment, digital imaging, life sciences, and oil and gas, enabling efficient storage and management of file-based data such as video, audio, digital images, and simulation data. Through its innovative technology, Isilon Systems addresses the growing demands for storage in various sectors that require robust data handling capabilities.

Isilon Systems

Series B in 2002
Isilon Systems is a developer of intelligent clustered storage systems designed for managing digital content and unstructured data. The company's flagship product, Isilon IQ, integrates a high-performance clustered storage architecture with a distributed file system, offering exceptional simplicity and scalability. Isilon's solutions cater to data-intensive industries, including media and entertainment, digital imaging, life sciences, and oil and gas, enabling efficient storage and management of file-based data such as video, audio, digital images, and simulation data. Through its innovative technology, Isilon Systems addresses the growing demands for storage in various sectors that require robust data handling capabilities.

Isilon Systems

Series A in 2001
Isilon Systems is a developer of intelligent clustered storage systems designed for managing digital content and unstructured data. The company's flagship product, Isilon IQ, integrates a high-performance clustered storage architecture with a distributed file system, offering exceptional simplicity and scalability. Isilon's solutions cater to data-intensive industries, including media and entertainment, digital imaging, life sciences, and oil and gas, enabling efficient storage and management of file-based data such as video, audio, digital images, and simulation data. Through its innovative technology, Isilon Systems addresses the growing demands for storage in various sectors that require robust data handling capabilities.
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