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

Jennifer Chambers

Administrative Partner

Troy Cichos

COO and Partner

Hope Cochran

Managing Director

Jack Creighton

Strategic Director

Aseem Datar

Partner

Maria Gilfoyle

Investor

Paul Goodrich

Co-Founder and Managing Director

Gerald Grinstein

Co-Founder and Strategic Director

Joe Horsman

Investor

Len Jordan

Venture Partner

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Mark Nelson

Venture Partner

Babak Parviz

Venture Partner

James Phillips

Strategic Director

Chris Picardo

Partner

Tim Porter

Managing Director

Vivek Ramaswami

Partner

William Ruckelshaus

Strategic Director

Siddharth Shenai

Venture Partner

Steve Singh

Managing Director

Soma Somasegar

Managing Director

John Torrey

Venture Partner

Jon Turow

Partner

Dan Weld

Venture Partner

Past deals in Real Time

Read AI

Series B in 2024
Read AI is a developer of a meeting analytics platform that aims to enhance meeting wellness and streamline communication. The platform provides features such as automated scheduling, real-time analytics, and detailed meeting summaries, known as "Readouts," which are compatible with email and messaging services like Gmail, Outlook, Teams, and Slack. Additionally, Read AI can summarize video calls across various platforms, including Zoom, Microsoft Teams, and Google Meet, making it adaptable for different meeting contexts. By offering metrics on talk time, engagement, and sentiment, Read AI enables all attendees to gauge the effectiveness of meetings. The company's tools are designed to facilitate productive conversations and improve overall meeting outcomes.

Read AI

Series A in 2024
Read AI is a developer of a meeting analytics platform that aims to enhance meeting wellness and streamline communication. The platform provides features such as automated scheduling, real-time analytics, and detailed meeting summaries, known as "Readouts," which are compatible with email and messaging services like Gmail, Outlook, Teams, and Slack. Additionally, Read AI can summarize video calls across various platforms, including Zoom, Microsoft Teams, and Google Meet, making it adaptable for different meeting contexts. By offering metrics on talk time, engagement, and sentiment, Read AI enables all attendees to gauge the effectiveness of meetings. The company's tools are designed to facilitate productive conversations and improve overall meeting outcomes.

Observe

Series B in 2024
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It specializes in developing an online platform for log analytics, infrastructure monitoring, and application performance management. The company's platform addresses the complexities of data management by consolidating logs, metrics, and traces into a unified data lake, thereby simplifying the analysis and troubleshooting of distributed applications. Its innovative Data Graph technology enhances the speed of diagnosing issues in these applications, significantly outperforming traditional observability solutions. By leveraging an elastic cloud architecture, Observe enables businesses to reduce outages and improve customer experiences while allowing engineers to focus on feature development rather than incident investigations.

TaskHuman

Series B in 2022
TaskHuman, Inc. is a digital coaching platform that connects users with a global network of wellness coaches through real-time video calls. Founded in 2017 and based in Palo Alto, California, the platform offers personalized 1-on-1 coaching across a wide range of wellness topics, including physical fitness, mental well-being, nutrition, and career development. TaskHuman aims to make self-care and personal wellness accessible and affordable, enabling individuals to discover and engage with coaches who provide guidance tailored to their specific needs. The platform covers over 1,000 aspects of well-being, ensuring that users receive comprehensive support to lead healthier lives.

Observe

Series A in 2022
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It specializes in developing an online platform for log analytics, infrastructure monitoring, and application performance management. The company's platform addresses the complexities of data management by consolidating logs, metrics, and traces into a unified data lake, thereby simplifying the analysis and troubleshooting of distributed applications. Its innovative Data Graph technology enhances the speed of diagnosing issues in these applications, significantly outperforming traditional observability solutions. By leveraging an elastic cloud architecture, Observe enables businesses to reduce outages and improve customer experiences while allowing engineers to focus on feature development rather than incident investigations.

TaskHuman

Series A in 2021
TaskHuman, Inc. is a digital coaching platform that connects users with a global network of wellness coaches through real-time video calls. Founded in 2017 and based in Palo Alto, California, the platform offers personalized 1-on-1 coaching across a wide range of wellness topics, including physical fitness, mental well-being, nutrition, and career development. TaskHuman aims to make self-care and personal wellness accessible and affordable, enabling individuals to discover and engage with coaches who provide guidance tailored to their specific needs. The platform covers over 1,000 aspects of well-being, ensuring that users receive comprehensive support to lead healthier lives.

Read AI

Seed Round in 2021
Read AI is a developer of a meeting analytics platform that aims to enhance meeting wellness and streamline communication. The platform provides features such as automated scheduling, real-time analytics, and detailed meeting summaries, known as "Readouts," which are compatible with email and messaging services like Gmail, Outlook, Teams, and Slack. Additionally, Read AI can summarize video calls across various platforms, including Zoom, Microsoft Teams, and Google Meet, making it adaptable for different meeting contexts. By offering metrics on talk time, engagement, and sentiment, Read AI enables all attendees to gauge the effectiveness of meetings. The company's tools are designed to facilitate productive conversations and improve overall meeting outcomes.

Observe

Venture Round in 2021
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It specializes in developing an online platform for log analytics, infrastructure monitoring, and application performance management. The company's platform addresses the complexities of data management by consolidating logs, metrics, and traces into a unified data lake, thereby simplifying the analysis and troubleshooting of distributed applications. Its innovative Data Graph technology enhances the speed of diagnosing issues in these applications, significantly outperforming traditional observability solutions. By leveraging an elastic cloud architecture, Observe enables businesses to reduce outages and improve customer experiences while allowing engineers to focus on feature development rather than incident investigations.

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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