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 Storage Services

Cohesity

Series H in 2024
Cohesity develops hyper-converged secondary storage solutions that consolidate, protect, and share non-mission-critical data assets of large organizations. Its platform, Cohesity DataPlatform, converges data protection infrastructure including backup, replication, disaster recovery, and cloud tiering. Additionally, it offers Cohesity Helios, a SaaS-based management solution for monitoring and managing secondary data and applications.

MotherDuck

Series B in 2023
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

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 the development of Generative AI applications. It allows users to build and deploy AI solutions while managing and versioning large-scale data repositories. The platform emphasizes efficiency and speed, featuring capabilities such as data deduplication and incremental difference tracking. Its GitHub-style collaboration workflows enable users to keep models, embeddings, data, prompts, and code integrated within a single system. Additionally, XetHub allows for direct mounting of repositories, facilitating instant access to files while ensuring compliance and streamlining the machine learning development process.

MotherDuck

Series A in 2022
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

MotherDuck

Seed Round in 2022
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

Flexe

Series D in 2022
Flexe, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional warehousing and fulfillment services with those that have excess capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics, providing solutions for eCommerce fulfillment, retail distribution, same-day delivery, and network capacity. By integrating technology with an open logistics network, Flexe enables retailers, wholesalers, manufacturers, and logistics companies to optimize their operations, address inventory overflow, and streamline material handling. This approach allows clients to enhance their distribution networks by accessing affordable warehouse spaces, thereby maximizing revenue potential while maintaining operational efficiency.

Flexe

Series C in 2020
Flexe, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional warehousing and fulfillment services with those that have excess capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics, providing solutions for eCommerce fulfillment, retail distribution, same-day delivery, and network capacity. By integrating technology with an open logistics network, Flexe enables retailers, wholesalers, manufacturers, and logistics companies to optimize their operations, address inventory overflow, and streamline material handling. This approach allows clients to enhance their distribution networks by accessing affordable warehouse spaces, thereby maximizing revenue potential while maintaining operational efficiency.

Qumulo

Series E in 2020
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Flexe

Series B in 2019
Flexe, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional warehousing and fulfillment services with those that have excess capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics, providing solutions for eCommerce fulfillment, retail distribution, same-day delivery, and network capacity. By integrating technology with an open logistics network, Flexe enables retailers, wholesalers, manufacturers, and logistics companies to optimize their operations, address inventory overflow, and streamline material handling. This approach allows clients to enhance their distribution networks by accessing affordable warehouse spaces, thereby maximizing revenue potential while maintaining operational efficiency.

Snowflake

Series F in 2018
Snowflake is a cloud-based data platform that enables businesses to consolidate and analyze data from various sources, build data-driven applications, and share insights securely. Its platform offers the flexibility of big data platforms and the cost-effectiveness of cloud solutions.

Qumulo

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

Snowflake

Series D in 2017
Snowflake is a cloud-based data platform that enables businesses to consolidate and analyze data from various sources, build data-driven applications, and share insights securely. Its platform offers the flexibility of big data platforms and the cost-effectiveness of cloud solutions.

Qumulo

Series C in 2017
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.

Qumulo

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

Qumulo

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

Qumulo

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

ThisLife

Seed Round in 2012
ThisLife is a cloud-based service that specializes in the organization and protection of photos and videos for families and photography enthusiasts. The platform consolidates images and videos from various sources, including hard drives, mobile devices, social media accounts, and photo-sharing websites, into a secure private archive. ThisLife enables users to create visual timelines, making it easy to search through their extensive collections, which can encompass over 40,000 moments. By offering a streamlined approach to memory management, ThisLife helps users efficiently store and share their cherished experiences.

Isilon Systems

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

Isilon Systems

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

Isilon Systems

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

Isilon Systems

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

Isilon Systems

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