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 Real Time

Read AI

Series B in 2024
Read AI enhances meeting productivity by offering AI-driven features such as intelligent scheduling, real-time analytics, and detailed meeting summaries. It generates concise summaries ('Readouts') for emails and messages across platforms like Gmail, Outlook, Teams, and Slack. Additionally, it summarizes video calls from Zoom, Microsoft Teams, and Google Meet.

Read AI

Series A in 2024
Read AI enhances meeting productivity by offering AI-driven features such as intelligent scheduling, real-time analytics, and detailed meeting summaries. It generates concise summaries ('Readouts') for emails and messages across platforms like Gmail, Outlook, Teams, and Slack. Additionally, it summarizes video calls from Zoom, Microsoft Teams, and Google Meet.

Observe

Series B in 2024
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

TaskHuman

Series B in 2022
TaskHuman is a real-time digital coaching platform that delivers 1-on-1 video coaching through a global network of wellness professionals. The platform connects users with athletic trainers, life coaches, nutritionists, holistic wellness practitioners, yoga instructors, and strength and conditioning coaches for fitness and well-being guidance across more than 1,000 topics. Founded in 2017 and based in Palo Alto, TaskHuman enables on-demand, personalized coaching across physical fitness, mental well-being, spiritual, emotional, financial, career, and leadership areas. It serves individual users and organizations seeking to improve health, performance, and engagement by providing instant access to coaching via video calls.

Observe

Series A in 2022
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

TaskHuman

Series A in 2021
TaskHuman is a real-time digital coaching platform that delivers 1-on-1 video coaching through a global network of wellness professionals. The platform connects users with athletic trainers, life coaches, nutritionists, holistic wellness practitioners, yoga instructors, and strength and conditioning coaches for fitness and well-being guidance across more than 1,000 topics. Founded in 2017 and based in Palo Alto, TaskHuman enables on-demand, personalized coaching across physical fitness, mental well-being, spiritual, emotional, financial, career, and leadership areas. It serves individual users and organizations seeking to improve health, performance, and engagement by providing instant access to coaching via video calls.

Read AI

Seed Round in 2021
Read AI enhances meeting productivity by offering AI-driven features such as intelligent scheduling, real-time analytics, and detailed meeting summaries. It generates concise summaries ('Readouts') for emails and messages across platforms like Gmail, Outlook, Teams, and Slack. Additionally, it summarizes video calls from Zoom, Microsoft Teams, and Google Meet.

Observe

Venture Round in 2021
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

Plus

Seed Round in 2021
Plus is a software company that captures, views, and shares current data from any source. Customers are using Plus to visualize their customer funnel and operations across disconnected tools, communicate with partners and suppliers, and automate recurring updates. Take a "Live Snapshot" of any website or application — don't worry about APIs, integrations, etc. — to turn data into live insights that stay updated, and share it with the team, partners, customers, and other collaborators.

Pixel8earth

Pre Seed Round in 2020
Pixel8earth is a company focused on creating a crowdsourced and continuously updated 3D map of the world that serves both machines and humans. By integrating computer vision and geomatics, the company transforms commodity video and photos into georeferenced 3D point clouds and meshes. This innovative approach enables the utilization of various high-volume data sources to generate and maintain accurate 3D representations of the globe. The resulting maps achieve an absolute accuracy of 25-50 cm RMSE when compared to survey baselines. Additionally, Visual Positioning Systems developed from these 3D maps provide approximately 2-meter location accuracy and within 6.25-degree rotational accuracy, enhancing navigation and spatial awareness capabilities.

Stratify

Seed Round in 2020
Stratify Technologies specializes in providing a real-time, collaborative budgeting and forecasting solution that enhances financial planning processes. By utilizing machine learning, the company's platform identifies performance gaps, quantifies financial impacts, and generates revised forecast scenarios. This innovative approach delivers a comprehensive view for key stakeholders, allowing them to align, plan, and monitor actual financial and operational performance against budget assumptions. Stratify's tools aim to redefine traditional budgeting practices and enable organizations to adopt a continuous planning model, ultimately facilitating improved strategic decision-making.

iSpot

Series C in 2018
iSpot.tv, Inc. is a company specializing in real-time analytics for television advertising, providing insights into the effectiveness of ad campaigns across various broadcast and cable networks, as well as smart TVs. Founded in 2012 and headquartered in Bellevue, Washington, iSpot.tv offers a platform that allows advertisers to track ad creatives, airings, spending, and viewer impressions with a level of precision akin to digital metrics. The platform measures consumer engagement, assesses the impact of TV and streaming ads on sales, and provides actionable insights that enable advertisers to refine their media strategies and enhance creative effectiveness. iSpot.tv serves a diverse clientele, including television brands, networks, and studios, helping them to gauge the business impact of their advertising efforts in real-time.

iSpot

Series B in 2015
iSpot.tv, Inc. is a company specializing in real-time analytics for television advertising, providing insights into the effectiveness of ad campaigns across various broadcast and cable networks, as well as smart TVs. Founded in 2012 and headquartered in Bellevue, Washington, iSpot.tv offers a platform that allows advertisers to track ad creatives, airings, spending, and viewer impressions with a level of precision akin to digital metrics. The platform measures consumer engagement, assesses the impact of TV and streaming ads on sales, and provides actionable insights that enable advertisers to refine their media strategies and enhance creative effectiveness. iSpot.tv serves a diverse clientele, including television brands, networks, and studios, helping them to gauge the business impact of their advertising efforts in real-time.

ExtraHop Networks

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

ResolutionTube

Seed Round in 2013
ResolutionTube is a mobile augmented reality collaboration platform designed specifically for the customer service sector, with a focus on the field service industry. The platform facilitates real-time connections between field engineers and experts within the organization through a patented video technology. This enables technicians to receive immediate assistance and guidance while on customer service calls. The application offers a range of resources, including installation manuals, service bulletins, and troubleshooting guides, all accessible from a mobile device. Additionally, video chats between technicians and experts are recorded and vetted, contributing to a continually expanding knowledge center that enhances the platform's utility over time.

iSpot

Series A in 2013
iSpot.tv, Inc. is a company specializing in real-time analytics for television advertising, providing insights into the effectiveness of ad campaigns across various broadcast and cable networks, as well as smart TVs. Founded in 2012 and headquartered in Bellevue, Washington, iSpot.tv offers a platform that allows advertisers to track ad creatives, airings, spending, and viewer impressions with a level of precision akin to digital metrics. The platform measures consumer engagement, assesses the impact of TV and streaming ads on sales, and provides actionable insights that enable advertisers to refine their media strategies and enhance creative effectiveness. iSpot.tv serves a diverse clientele, including television brands, networks, and studios, helping them to gauge the business impact of their advertising efforts in real-time.

ExtraHop Networks

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

RewardLoop

Series A in 2012
RewardLoop is a plug-and-play mobile loyalty platform and network that rewards customers based on merchants real-time POS data. The companys patent-pending innovations enable a merchant of any size to simply and cost-efficiently identify their most profitable customers, and engage them in individualized, transaction-based customer loyalty relationships via their mobile devices.

ExtraHop Networks

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

Z2

Series B in 2011
Z2 is a mobile-first game developer and publisher based in Seattle, Washington, specializing in free-to-play multiplayer and social gaming experiences. Established in 2009 by Damon Danieli, David Bluhm, and Lou Fasulo, the company focuses on creating engaging games that foster real-time competition and collaboration among players using iPhones and iPads. Z2 is known for its innovative community features, which include in-game email, text and voice chat, achievements, and integration with social media platforms. One of its standout titles, Trade Nations, has become a prominent city-building game with a vast community, recording over 500 million sessions since its launch. Another notable game, MetalStorm, quickly ascended to top rankings and revenue shortly after its release. Z2 has developed several top-grossing titles and was acquired by King in 2015, becoming part of Activision Blizzard. Its technology resources and studios continue to enhance the mobile gaming landscape with cutting-edge features that support both casual and traditional gaming formats.

Z2

Series B in 2009
Z2 is a mobile-first game developer and publisher based in Seattle, Washington, specializing in free-to-play multiplayer and social gaming experiences. Established in 2009 by Damon Danieli, David Bluhm, and Lou Fasulo, the company focuses on creating engaging games that foster real-time competition and collaboration among players using iPhones and iPads. Z2 is known for its innovative community features, which include in-game email, text and voice chat, achievements, and integration with social media platforms. One of its standout titles, Trade Nations, has become a prominent city-building game with a vast community, recording over 500 million sessions since its launch. Another notable game, MetalStorm, quickly ascended to top rankings and revenue shortly after its release. Z2 has developed several top-grossing titles and was acquired by King in 2015, becoming part of Activision Blizzard. Its technology resources and studios continue to enhance the mobile gaming landscape with cutting-edge features that support both casual and traditional gaming formats.

ExtraHop Networks

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

Z2

Series A in 2008
Z2 is a mobile-first game developer and publisher based in Seattle, Washington, specializing in free-to-play multiplayer and social gaming experiences. Established in 2009 by Damon Danieli, David Bluhm, and Lou Fasulo, the company focuses on creating engaging games that foster real-time competition and collaboration among players using iPhones and iPads. Z2 is known for its innovative community features, which include in-game email, text and voice chat, achievements, and integration with social media platforms. One of its standout titles, Trade Nations, has become a prominent city-building game with a vast community, recording over 500 million sessions since its launch. Another notable game, MetalStorm, quickly ascended to top rankings and revenue shortly after its release. Z2 has developed several top-grossing titles and was acquired by King in 2015, becoming part of Activision Blizzard. Its technology resources and studios continue to enhance the mobile gaming landscape with cutting-edge features that support both casual and traditional gaming formats.

ExtraHop Networks

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