Madrona

Madrona Venture Group is a venture capital firm based in Seattle, Washington, founded in 1995. The firm specializes in seed and early-stage investments, focusing primarily on the information technology sector, which includes areas such as consumer internet, software, digital media, cloud computing, and artificial intelligence. Madrona typically invests between $2 million and $10 million in companies located in the Pacific Northwest and aims to be a lead investor, often seeking board membership in its portfolio companies. The firm is dedicated to supporting technology entrepreneurs and companies that are shaping the future of work and utilizing low-code/no-code solutions.

Loren Alhadeff

Venture Partner

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

Maggie Finch

Partner

Maria Gilfoyle

Investor

Palak Goel

Investor

Paul Goodrich

Co-Founder and Managing Director

Joseph Horsman

Investor

Len Jordan

Managing Director

Matthew McIlwain

Managing Director

Mark Nelson

Venture Partner

Chris Picardo

Partner

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

Jonathan Turow

Partner

Ishani Ummat

Investor

Dan Weld

Venture Partner

Past deals in Infrastructure

Flexe

Series D in 2022
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Flexe

Series C in 2020
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Pulumi

Series B in 2020
Pulumi Corporation operates an infrastructure-as-a-code platform that facilitates the development, deployment, and management of cloud applications and infrastructure. Founded in 2017 and based in Seattle, Washington, Pulumi offers the Pulumi SDK, an open-source tool that enables developers and DevOps teams to utilize programming languages for defining and managing cloud services across various environments, including public, private, and hybrid clouds. The platform supports a range of application types, from serverless functions to containerized applications, and emphasizes collaboration among teams to streamline cloud engineering processes. By providing a consistent workflow for delivering and securing applications, Pulumi helps businesses effectively create modern applications and manage their cloud environments.

Qumulo

Series E in 2020
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Integris Software

Venture Round in 2019
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

UnEarth

Series A in 2019
Unearth Technologies, Inc. is a Seattle-based company that specializes in cloud-based GIS mapping software designed for the construction industry. Founded in 2016, the company offers a platform that enhances data and workflow management, aiming to improve productivity and mitigate challenges such as cost overruns, delays, and narrow profit margins. By leveraging IoT and remote sensing technology, Unearth's software enables construction professionals to track data on infrastructure projects like bridges and roads. It facilitates communication among project managers, allowing for better collaboration, schedule management, and overall project oversight. Through its innovative approach, Unearth seeks to alleviate the economic burdens associated with construction delays and inefficiencies.

Flexe

Series B in 2019
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

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.

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.

Pulumi

Series A in 2018
Pulumi Corporation operates an infrastructure-as-a-code platform that facilitates the development, deployment, and management of cloud applications and infrastructure. Founded in 2017 and based in Seattle, Washington, Pulumi offers the Pulumi SDK, an open-source tool that enables developers and DevOps teams to utilize programming languages for defining and managing cloud services across various environments, including public, private, and hybrid clouds. The platform supports a range of application types, from serverless functions to containerized applications, and emphasizes collaboration among teams to streamline cloud engineering processes. By providing a consistent workflow for delivering and securing applications, Pulumi helps businesses effectively create modern applications and manage their cloud environments.

IOpipe

Seed Round in 2018
IOpipe is a DevOps platform specifically designed for serverless applications, managing billions of events monthly. It offers a comprehensive toolbox for developing, monitoring, and operating these applications, addressing the unique challenges that arise from the shift towards serverless computing. The platform features an open-source module that enables real-time telemetry, tracing, profiling, alerts, logs, and error tracking, allowing developers to gain insights into the performance and operations of their serverless functions, such as those running on Amazon Lambda. By adopting a customer-centric approach, IOpipe collaborates closely with users to resolve challenges effectively. The company emphasizes building a remote-first, diverse team committed to delivering a top-tier product for serverless development and operations.

Integris Software

Series A in 2018
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Pulumi

Seed Round in 2018
Pulumi Corporation operates an infrastructure-as-a-code platform that facilitates the development, deployment, and management of cloud applications and infrastructure. Founded in 2017 and based in Seattle, Washington, Pulumi offers the Pulumi SDK, an open-source tool that enables developers and DevOps teams to utilize programming languages for defining and managing cloud services across various environments, including public, private, and hybrid clouds. The platform supports a range of application types, from serverless functions to containerized applications, and emphasizes collaboration among teams to streamline cloud engineering processes. By providing a consistent workflow for delivering and securing applications, Pulumi helps businesses effectively create modern applications and manage their cloud environments.

Qumulo

Series D in 2018
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

UnEarth

Venture Round in 2018
Unearth Technologies, Inc. is a Seattle-based company that specializes in cloud-based GIS mapping software designed for the construction industry. Founded in 2016, the company offers a platform that enhances data and workflow management, aiming to improve productivity and mitigate challenges such as cost overruns, delays, and narrow profit margins. By leveraging IoT and remote sensing technology, Unearth's software enables construction professionals to track data on infrastructure projects like bridges and roads. It facilitates communication among project managers, allowing for better collaboration, schedule management, and overall project oversight. Through its innovative approach, Unearth seeks to alleviate the economic burdens associated with construction delays and inefficiencies.

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.

Integris Software

Venture Round in 2018
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Heptio

Series B in 2017
Heptio is a company by founders of the Kubernetes® project, built to support and advance the open Kubernetes ecosystem. Heptio bridges the gap between enterprise IT, and the emerging world of cloud-native computing. Use tools, technology, and operations models pioneered by the internet giants, but built from the ground up for the modern enterprise. Heptio smooths the road to production use of Docker containers.

IOpipe

Seed Round in 2017
IOpipe is a DevOps platform specifically designed for serverless applications, managing billions of events monthly. It offers a comprehensive toolbox for developing, monitoring, and operating these applications, addressing the unique challenges that arise from the shift towards serverless computing. The platform features an open-source module that enables real-time telemetry, tracing, profiling, alerts, logs, and error tracking, allowing developers to gain insights into the performance and operations of their serverless functions, such as those running on Amazon Lambda. By adopting a customer-centric approach, IOpipe collaborates closely with users to resolve challenges effectively. The company emphasizes building a remote-first, diverse team committed to delivering a top-tier product for serverless development and operations.

Qumulo

Series C in 2017
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Heptio

Series A in 2016
Heptio is a company by founders of the Kubernetes® project, built to support and advance the open Kubernetes ecosystem. Heptio bridges the gap between enterprise IT, and the emerging world of cloud-native computing. Use tools, technology, and operations models pioneered by the internet giants, but built from the ground up for the modern enterprise. Heptio smooths the road to production use of Docker containers.

CloudCoreo

Seed Round in 2016
CloudCoreo, Inc. operates a cloud management platform that allows users to design, deploy, and manage cloud infrastructure across various providers. Founded in 2014 and based in Austin, Texas, CloudCoreo offers a community-driven DevOps framework combined with an automation engine, enabling users to create, modify, and maintain cloud stacks, which include all components of a deployment such as managed services. The platform identifies public cloud risks at the time of deployment, helping to prevent compliance violations and security breaches. Additionally, CloudCoreo serves as a searchable repository of stacks, facilitating easier understanding and management of cloud-related risks. As of February 2018, CloudCoreo operates as a subsidiary of VMware, Inc.

Qumulo

Series C in 2016
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Integris Software

Venture Round in 2016
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Icebrg

Series A in 2016
Icebrg is a network security software provider focused on risk reduction. Founded in 2014 and headquartered in Seattle, Washington, the company offers a machine-recognition-based platform that enables businesses to implement enterprise-level security without the need for custom coding. This platform is designed to protect both proprietary and consumer data, allowing organizations and governments to swiftly mitigate risks. By providing real-time forensics, Icebrg helps its clients reduce their mean time to respond to security incidents.

Qumulo

Series B in 2015
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Icebrg

Seed Round in 2014
Icebrg is a network security software provider focused on risk reduction. Founded in 2014 and headquartered in Seattle, Washington, the company offers a machine-recognition-based platform that enables businesses to implement enterprise-level security without the need for custom coding. This platform is designed to protect both proprietary and consumer data, allowing organizations and governments to swiftly mitigate risks. By providing real-time forensics, Icebrg helps its clients reduce their mean time to respond to security incidents.

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.

Union Bay Networks

Seed Round in 2013
Union Bay Networks is a Seattle-based startup specializing in networking software solutions tailored for cloud computing and software-defined data centers. Founded by a team of experienced professionals with backgrounds in application layer networking, virtualization, optimization, and security, the company aims to advance the next generation of networking technologies. Operating in stealth mode, Union Bay Networks is supported by prominent venture capital firms, including Madrona, Greylock, and Divergent.

Qumulo

Series A in 2012
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Tier 3

Series B in 2012
Tier 3 unleashes business agility through unique, enterprise-class cloud services and software that puts global companies on the path to IT as a Service. The company’s virtual private cloud services combine both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities. Global enterprises and service providers find the Tier 3 Cloud ideal for their entire business application portfolios, from development to production environments and mission-critical applications.

AppFog

Series B in 2011
AppFog is a Platform-as-a-Service (PaaS) provider that facilitates the creation and management of cloud-native applications. It supports various programming languages, including Java, Python, PHP, and Ruby, and offers the flexibility to integrate with multiple cloud infrastructures, such as CenturyLink Cloud and AWS across several regions. The platform allows users to deploy, manage, and scale applications seamlessly within public, private, and hybrid cloud environments. Additionally, AppFog provides a powerful command line interface and a robust API, enabling customers to effectively manage their applications' lifecycle and optimize their cloud resources.

Tier 3

Series A in 2011
Tier 3 unleashes business agility through unique, enterprise-class cloud services and software that puts global companies on the path to IT as a Service. The company’s virtual private cloud services combine both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities. Global enterprises and service providers find the Tier 3 Cloud ideal for their entire business application portfolios, from development to production environments and mission-critical applications.

AppFog

Series A in 2011
AppFog is a Platform-as-a-Service (PaaS) provider that facilitates the creation and management of cloud-native applications. It supports various programming languages, including Java, Python, PHP, and Ruby, and offers the flexibility to integrate with multiple cloud infrastructures, such as CenturyLink Cloud and AWS across several regions. The platform allows users to deploy, manage, and scale applications seamlessly within public, private, and hybrid cloud environments. Additionally, AppFog provides a powerful command line interface and a robust API, enabling customers to effectively manage their applications' lifecycle and optimize their cloud resources.

Isilon Systems

Series E in 2006
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

iConclude

Series B in 2006
iConclude Co. specializes in run book automation solutions tailored for information technology enterprises. Founded in 2005 and headquartered in Bellevue, Washington, the company provides tools that automate alert response and streamline incident management processes, thereby reducing mean time to recovery (MTTR). Its OpsForce platform enables IT operations to automate tasks such as triage, troubleshooting, and repetitive maintenance, while also offering features for reporting, scheduling, security, and integration. iConclude serves a diverse range of industries, including financial services, healthcare, media, technology, transportation, logistics, and utilities. In addition to its automation solutions, the company provides consulting, education, and professional support services to enhance its clients' operational efficiency.

iConclude

Series A in 2005
iConclude Co. specializes in run book automation solutions tailored for information technology enterprises. Founded in 2005 and headquartered in Bellevue, Washington, the company provides tools that automate alert response and streamline incident management processes, thereby reducing mean time to recovery (MTTR). Its OpsForce platform enables IT operations to automate tasks such as triage, troubleshooting, and repetitive maintenance, while also offering features for reporting, scheduling, security, and integration. iConclude serves a diverse range of industries, including financial services, healthcare, media, technology, transportation, logistics, and utilities. In addition to its automation solutions, the company provides consulting, education, and professional support services to enhance its clients' operational efficiency.

Isilon Systems

Series D in 2005
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

iConclude

Seed Round in 2005
iConclude Co. specializes in run book automation solutions tailored for information technology enterprises. Founded in 2005 and headquartered in Bellevue, Washington, the company provides tools that automate alert response and streamline incident management processes, thereby reducing mean time to recovery (MTTR). Its OpsForce platform enables IT operations to automate tasks such as triage, troubleshooting, and repetitive maintenance, while also offering features for reporting, scheduling, security, and integration. iConclude serves a diverse range of industries, including financial services, healthcare, media, technology, transportation, logistics, and utilities. In addition to its automation solutions, the company provides consulting, education, and professional support services to enhance its clients' operational efficiency.

Isilon Systems

Series C in 2004
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Isilon Systems

Series B in 2002
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.

Isilon Systems

Series A in 2001
Isilon Systems specializes in developing intelligent clustered storage systems tailored for digital content and unstructured data management. Its flagship product, Isilon IQ, integrates a sophisticated distributed file system with modular, industry-standard hardware, providing exceptional simplicity and scalability. This system is particularly suited for data-intensive sectors, including media and entertainment, digital imaging, life sciences, and oil and gas. Isilon's solutions enable efficient storage and management of diverse file-based data types, such as video, audio, digital images, and simulation data, addressing the growing demands of organizations that handle large volumes of digital content.
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