We are deeply saddened to share that Madrona founder and mentor to many, Tom Alberg, has passed away. A visionary who helped build Seattle, an investor, a conservationist, a philanthropist and a wonderful person.
#RememberingTomAlberg
From the earliest days, through ups and downs, new products and services, founding director Tom Alberg believed in
@amazon
and served tirelessly on the board for 23 years. He is stepping down this spring to make room for new members. Congrats Tom!
Seattle is a great place to start a company. We have believed this and lived it for nearly 25 years - Thanks to
@etzioni
@jacobcolker
for putting all the reasons together - anchor tech companies, STEM, early stage funding and more
@geekwire
Madrona has joined forces to help our neighbors. The COVID-19 pandemic has put many in danger of not eating, paying rent, or losing their small business. Let’s go all in, Seattle. Visit .
#allinseattle
#seattle
#coronacrisis
Congrats to
@recroom
and crew on their raise! Love this quote - we totally agree! from
@nickfajt
"We think this can be one of those things that really impacts culture."
Madrona has been investing in AI since 2013, today we announced the Inaugural AI Impact Prize for research. Congrats to the winners
@ananya__g
@strubell
@andrewmccallum
for uncovering the environmental impacts of AI.
Excited to welcome
@SteveSSingh
as Managing Director. An operator, a CEO and someone deeply embedded in both Seattle and enterprise - he's an incredible addition to our team. Please welcome him!
Excited to back
@recroom
as they build out a universe for socializing, gaming and making memories with your friends where ever they are in the world. Hope Cochran &
@danielxli
dig into our lead of the Series C.
Today we backed
@typefaceai
&
@runwayml
in their + $100 million rounds announced today - we have been working in AI for over 10 years & never has the activity been so exciting & intense. Congrats to these teams at the center of this transformative shift.
Just under the wire, $500 million in new funds for technology
#startups
. We expanded our funds that help founders and teams at all stages, an incredible endorsement of the innovation culture & mindset of Seattle. More to come in 2021!
@geekwire
Today we are backing
@octoml
, a new deep learning startup that we believe is delivering core technology to the future of intelligent applications. Congrats
@luisceze
and team! The 18th company we've backed out of
@uwcse
!
We are all saddened by the loss of one of our founders, Bill Ruckelshaus. This great man contributed to saving the environment, stood up for what was right in the Nixon administration and brought integrity & humor to everything he did. We will miss him.
Having an organization like
@geekwire
in the Pacific Northwest supports the great startup and innovation ecosystem here - and keeps everyone on their toes!
We're excited to announce our investment in
@motherduckdb
— a serverless easy-to-use data analytics platform based on the open-source project DuckDB. Read more from
@jturow
and
@ishani_ummat
about why we invested here:
Congrats to
@algorithmia
on their Series B financing. Their AI layer helps organizations deploy and manage machine learning models. Great to work with
@NorwestVP
!
@TechCrunch
A highlight from our annual meeting was a chat between
@mattmcilwain
and
@AcquiredFM
's
@djrosent
&
@gilbert
that covers Acquired's Madrona roots, the influence that Tom had on Amazon &Madrona, and so much more. We hope you enjoy this as much as we did! 👂👉
A great opening last night to
@create33pnw
more than 250 people celebrating the opening of a new founder center in Seattle! Filling up quickly - reach out to learn more!
Reminiscing about our founder, the wonderful Bill Ruckelshaus who impressed everyone with his integrity, humility, sense of humor and ability to cut quickly to what mattered. He is deeply missed.
As we expand our firm footprint, we congratulate and recognize new positions for Troy Cichos, Jennifer Chambers and
@tgkummert
while welcoming Tasha Tieu.
2019 is here and so are our investment themes, Cloud Native Infrastructure, Intelligent Applications, Next Gen UI and Digital to Physical Converged Consumer Experiences - all trends rooted in the Seattle startup ecosystem. Read on and get in touch!
Thinking about getting back to our physical workspaces there are many things to consider… PPE for your space, proper distancing set up for open workspaces, and so much more. Check out these resources from our Back to Work Toolkit - .
Excited to announce our newest portfolio company
@eclypsium
with solutions for firmware security. Great to partner with founders Yuriy and Alex and the whole team - and return investors
@a16z
@intelcapital
Excited to announce our new funds! $690 million for new tech startups - across our two funds - Madrona Fund 9 and Acceleration Fund 2. Thank you to our founders, investors and the PNW ecosystem - we are looking forward to the future!
Big tech and big checks. It's been a great 2019 - we raised a new fund, invested in more than 15 new early stage companies and already see a very active 2020 ahead! Nice piece reflecting on the region's growth via
@PitchBook
@danielxli
What a great honor for Tom. It was a wonderful evening and we thank you
@seattlebusiness
and congratulate all the award winners and nominees! Everyone reflected on leadership,team and the uniqueness of the Seattle style. We agree!
17. A round of applause for Tom Alberg, managing director and co-founder of Madrona Venture Group, winner of the Lifetime Achievement Award in Seattle Business magazine’s 2020 Executive Excellence Awards.
#seattlebusinessmag
@MadronaVentures
Such a wonderful time with
@AcquiredFM
’s
@gilbert
&
@djrosent
reminiscing about them getting their podcast off the ground and interviewing the late Tom Alberg about the
@amazon
#IPO
!! We’ll be sharing the conversation on Founded & Funded soon!
@mattmcilwain
Geek of the Week features venture partner + Founder of
@octoml
+
@uwcse
prof
@luisceze
on what makes him tick - and his final words illustrate his approach to life! (bottom of the article!)
@geekwire
Congratulations to
@MadronaVL
on their $8 million round and a cadre of new partners! Come talk to this talented team if you are thinking of starting a company!
We are excited to welcome new Strategic Director, Betsy Sutter, the Chief People Officer
@VMWare
to Madrona. She is an inspiring leader well versed in building inclusive high performing organizations - welcome Betsy!
It’s not all about
@Amazon
in Seattle - physical retail is undergoing a technology shift - here is
@scottjacobson
on investment themes in the future of retail
We are thrilled to help kick off the first
#SeattleTechWeek
. After seeing the huge successes in SF & LA, we thought, why not have one in Seattle?
Sign up to attend:
Join us @ the Kickoff Bash!
Host an event:
Founded and Funded talks to Bill Richter
@qumulo
, Robert Wahbe
@highspot
,
@glennkelman
and
@SteveSSingh
about how these CEOs are helping employees & customers, changing future outlook & planning to build the company they want to come out of this downturn.
Please welcome Managing Director
@kmehandru
to the Madrona team! We have known Karan for a decade & worked alongside him on many company boards. He shares our approach of rolling up our sleeves & bringing a full-stack approach to investing at every stage!