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Last updated on April 17, 2014 at 11:32 EDT

Latest Madrona Venture Group Stories

2013-12-19 08:30:34

SEATTLE, Dec. 19, 2013 /PRNewswire/ -- ResolutionTube (www.resolutiontube.com) today announced a $1.5 million Series Seed funding led by Madrona Venture Group with participation from David Cohen (CEO of TechStars), Rudy Gadre (former Amazon & Facebook exec), Owen Van Natta (former COO of Facebook), Acceleprise Ventures, Vijay Vashee (former Microsoft Exec), and others. ResolutionTube is aiming to eliminate the 1-800 number customer service experience by providing instant access to...

2013-11-05 08:21:06

SEATTLE, Nov. 5, 2013 /PRNewswire/ -- Seeq(TM) Corporation (www.seeq.com) today announced a $6 million Series A funding led by Second Avenue Partners with participation from Madrona Venture Group, Clear Fir Partners, Gaylord Kellogg, John Meisenbach, and others. Seeq software and services transform industrial process data from sensors and instrument systems into useful information and actionable intelligence. Seeq is led by Steve Sliwa, former CEO of Insitu, an unmanned aircraft...

2013-06-13 12:33:07

SEATTLE, June 13, 2013 /PRNewswire/ -- Madrona Venture Group, an early-stage venture capital firm based in Seattle, today announced the promotion of Julie Sandler to Principal. Since Julie joined Madrona less than two years ago, she has actively participated in evaluating investments and working directly with entrepreneurs to help grow their companies. She is a board observer of Jintronix, Maxpoint, Rover.com, AdReady, SNUPI Technologies, and OnMobile Media. "Our entrepreneurs rave...

2013-05-14 04:21:38

SEATTLE, May 14, 2013 /PRNewswire/ -- GraphLab Inc.(graphlab.com) today announced a $6.75 million Series A funding led by Madrona Venture Group and NEA. GraphLab Inc. is innovating on the popular open source distributed graph computation framework (graphlab.org) that is used millions of times per day to deliver recommendations through popular consumer services. Founded by leading data scientist and entrepreneur, Carlos Guestrin, who began the GraphLab open-source project five years ago,...

2013-02-05 12:30:20

SEATTLE, Feb. 5, 2013 /PRNewswire/ -- Madrona Venture Group, an early-stage venture capital firm, announced today that Ted Kummert is joining as a Venture Partner. Kummert joins Madrona after over 23 years at Microsoft Corporation, where he has held multiple executive leadership positions, most recently as Corporate Vice President of the Data Platform Group. He is a proven engineering and business leader bringing a wealth of experience leading large global engineering teams in high scale...

2012-12-19 08:27:04

PALO ALTO, Calif., Dec. 19, 2012 /PRNewswire/ -- LUMO BodyTech (www.lumoback.com), a smart sensor and big data company aimed at improving people's health, today announced that it has closed a $5 million Series A round led by Madrona Venture Group. Backers for this round also include Innovation Endeavors, Eric Schmidt's investment fund, and Jerry Yang. The company will use the funding to accelerate investments in sales and marketing, product development and engineering. "We are...

2012-12-11 12:31:38

SEATTLE, Dec. 11, 2012 /PRNewswire/ -- SNUPI Technologies, a new company that takes advantage of the wiring already in homes to create a wireless sensor network, launched today with $1.5 million in funding from Madrona Venture Group, Radar Partners and the founders. The technology, also called SNUPI (Sensor Network Utilizing Powerline Infrastructure), was developed at the University of Washington and Georgia Institute of Technology by Professors Shwetak Patel and Matt Reynolds and others....

2012-10-03 02:33:20

SEATTLE, Oct. 3, 2012 /PRNewswire/ -- buuteeq, the leading cloud digital marketing system for hotels, today announced it has raised a $10 million funding round co-led by venture capital firm Madrona Venture Group and by Concur, a leading provider of integrated travel and expense management solutions. This latest round of funding will bring total capital raised to $17 million and introduces new members to the buuteeq board of directors including, Concur CEO, Steve Singh and Madrona Partner,...

2012-06-28 02:32:15

SEATTLE, June 28, 2012 /PRNewswire/ -- Context Relevant (www.contextrelevant.com) announced today it raised $1.3 million in seed funding, which will be used to accelerate the development of its Flexible Analytics and Statistics Technology(TM) (FAST). Madrona Venture Group (www.madrona.com) -- which has a long history of backing successful technology companies such as Amazon.com and Isilon Systems --led the round. Notable angels, including Geoff Entress and members of the founding team...

2012-06-23 23:03:05

Families and photo enthusiasts will be able to easily share photos and videos through innovative story-telling features and beautiful, easy design. Palo Alto, CA (PRWEB) June 22, 2012 ThisLife, the most simple and elegant service for storing, organizing, viewing and sharing photo and video collections, today announced a $2.75 million financing round, led by Madrona Venture Group. The product, designed specifically for families and photo enthusiasts, makes it easy to organize and protect a...