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 Storage Services

Cohesity

Series H in 2024
Cohesity, Inc. is a data management technology company that specializes in hyper-converged secondary storage solutions for large organizations. Founded in 2013 and based in Santa Clara, California, with an additional office in Raleigh, North Carolina, Cohesity aims to simplify the protection, management, and extraction of value from data. Its flagship product, the Cohesity DataPlatform, consolidates secondary data and workflows, eliminating storage silos and streamlining data management. The company also offers DataProtect, which integrates various data protection functions, including backup and disaster recovery, as well as the Cohesity Orion platform for comprehensive data protection and big data storage. Additionally, Cohesity provides tools for monitoring and managing data infrastructure through its SaaS-based solution, Cohesity Helios, and its mobile application. The company serves clients across the Americas, EMEA, and APAC, and maintains a strategic partnership with Pure Storage to enhance its offerings.

MotherDuck

Series B in 2023
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

XetData

Venture Round in 2023
XetData is a startup in its early stages that specializes in collaborative data control for unstructured data management. XetData is headquartered in Seattle, Washington and was founded in 2021.

XetHub

Seed Round in 2023
XetHub is a collaborative storage platform focused on data management and version control for large-scale repositories. It enables users to build and deploy Generative AI applications while offering features that enhance efficiency, such as data deduplication and incremental difference tracking. The platform allows users to maintain their models, embeddings, data, prompts, and code in a unified system, facilitating GitHub-style collaboration workflows. By providing instant access to files through direct repository mounting, XetHub streamlines the development process for developers and practitioners, ensuring compliance and improving the overall experience of managing machine learning projects.

MotherDuck

Series A in 2022
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

MotherDuck

Seed Round in 2022
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

Flexe

Series D in 2022
Flexe, Inc. operates a cloud-based marketplace that connects organizations seeking additional warehousing and fulfillment services with those that have surplus capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics solutions, including eCommerce fulfillment, retail distribution, and same-day delivery. Flexe's platform addresses the challenges of inventory overflow and fulfillment needs by creating an open logistics network, allowing clients such as retailers, wholesalers, manufacturers, and logistics companies to optimize their distribution capabilities. By integrating technology and flexible economic models, Flexe enables its customers to enhance their operational efficiency and respond swiftly to market demands.

Flexe

Series C in 2020
Flexe, Inc. operates a cloud-based marketplace that connects organizations seeking additional warehousing and fulfillment services with those that have surplus capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics solutions, including eCommerce fulfillment, retail distribution, and same-day delivery. Flexe's platform addresses the challenges of inventory overflow and fulfillment needs by creating an open logistics network, allowing clients such as retailers, wholesalers, manufacturers, and logistics companies to optimize their distribution capabilities. By integrating technology and flexible economic models, Flexe enables its customers to enhance their operational efficiency and respond swiftly to market demands.

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.

Flexe

Series B in 2019
Flexe, Inc. operates a cloud-based marketplace that connects organizations seeking additional warehousing and fulfillment services with those that have surplus capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics solutions, including eCommerce fulfillment, retail distribution, and same-day delivery. Flexe's platform addresses the challenges of inventory overflow and fulfillment needs by creating an open logistics network, allowing clients such as retailers, wholesalers, manufacturers, and logistics companies to optimize their distribution capabilities. By integrating technology and flexible economic models, Flexe enables its customers to enhance their operational efficiency and respond swiftly to market demands.

Datacoral

Series A in 2018
Datacoral Inc. provides an end-to-end data infrastructure as a service, specializing in automating data integration and management. Founded in 2016 and based in San Francisco, the company has developed a platform that collects data from various applications and databases, organizes it for use in any query engine, and facilitates the extraction of valuable insights. By offering features such as data monitoring, data slice collection and management, and optimization services for AWS, Datacoral enables businesses and data scientists to focus on generating insights rather than managing data sources. The solution is designed to be secure, operating within a virtual private cloud, ultimately reducing the cost and time associated with building data products.

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.

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.

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.

ThisLife

Seed Round in 2012
ThisLife is a cloud-based service that specializes in the organization and protection of photos and videos. It aggregates users' media from various sources, including hard drives, smartphones, and social media platforms, and compiles them into a secure, private archive. ThisLife enables users to easily search through their collection, which can exceed 40,000 moments, to find specific photos or videos. The platform is particularly aimed at families and photography enthusiasts, offering tools to create visual timelines and share cherished memories.

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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