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Madrona Venture Group leads $2.4 mln seed round in Algorithmia

Madrona Venture Group has led a $2.4 million seed funding round in Algorithmia, a marketplace for algorithms. Other investors in the round include Rakuten Ventures, Deep Fork Capital and angel investors like Oren Etzioni and Charles Fitzgerald. Algorithmia is in private beta and expects to launch by year end to a broader audience.

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The enterprise high wire act: VCJ

Investors are pouring money into enterprise companies, but valuations haven’t reset and another a fall in public SaaS stocks could be coming

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Boomerang Commerce closes $8.5 mln Series A

Boomerang Commerce has closed $8.5 million in Series A financing from Trinity Ventures and Madrona Venture Group to help online retailers leverage real-time analytics to drive their business. Boomerang Commerce is headquartered in the Silicon Valley and has a product development center in Bangalore.

Placed Closes $10 Million Series B

Placed has raised a $10 million Series B funding led by Two Sigma Ventures. David Joerg, managing director at Two Sigma, will join the Placed Board of Directors. Existing investor, Madrona Venture Group, also participated.

ExtraHop bags $41 mln Series C

ExtraHop said Thursday that it has received $41 million in Series C funding. Technology Crossover Ventures led the round with participation from other investors that included Meritech Capital Partners and Madrona Venture Group. In addition to the funding, Ted Coons of Technology Crossover Ventures has been added to ExtraHop’s board of directors. Headquartered in Seattle, ExtraHop is a provider of real-time wire data analytics.

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Trilogy Equity Partners leads $7 mln round for Jobaline

Jobaline.com has closed $7 million in Series B funding. Trilogy Equity Partners led the round with participation from Madrona Venture Group, Rudy Gadre and Founders Co-op. In addition to the funding, Mikal Thomsen, co-founder and partner at Trilogy Equity Partners, has been added to Jobaline’s board of directors. Jobaline is a mobile and bilingual hourly-jobs marketplace.

Formation 8 leads Series B round for Context Relevant

Context Relevant said Tuesday that it has received $21 million in Series B funding. Formation 8 led the round with participation from investors that included Madrona Venture Group, Bloomberg Beta and Vulcan Capital. Based in Seattle, Context Relevant is a provider of automated predictive analytics.

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Igneous Systems garners $23.6 mln Series A funds

Igneous Systems said Wednesday that it raised $23.6 million in Series A financing. New Enterprise Associates led the round with participation from Madrona Venture Group, Redpoint Ventures and Isilon Systems co-founder, Sujal Patel. According to the firm, the capital will be used for product development and to expand its engineering and leadership teams. Concurrent with the funding, Ron Bernal, venture partner at NEA, has been added to Igneous Systems’ board of directors. Based in Seattle, Igneous System is “reimagining the future of rapidly-expanding data center infrastructures.”

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Sutter Hill Ventures leads $35 mln round for Smartsheet

Smartsheet said Monday that it has raised $35 million in financing. Sutter Hill Ventures led the round with participation from return backers Insight Venture Partners and Madrona Venture Group. In conjunction with the funding, Jim White, managing director at Sutter Hill Ventures, has been added to Smartsheet’s board of directors. Based in Bellevue, Wash., Smartsheet is a provider of work management solutions.

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Julep Beauty snags $30 mln Series C funds

Seattle-based beauty brand Julep Beauty said Monday that it has secured $30 million in Series C financing. The investors included Azure Capital, Madrona Venture Group, Altimeter Capital, Andreessen Horowitz and Maveron.

Apptio Raises $45M From Janus, Hillman, Andreessen, Madrona, Others: CORRECTION

Apptio said it raised a $45 million Series E round of funding led by Janus Capital, the Hillman Company and an unnamed institutional investor. The round was joined by existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures, and accounts managed by T. Rowe Price Associates. The new round brings the total raised to $136 million.

IPad App Developer Haiku Deck Snags $3M

Haiku Deck, which makes an iPad app to make it simple to create and share presentations,announced it has raised $3 million in a Series A round. Trilogy Partnership led the round, which included participation from Madrona Venture Group, Founders Co-op and individual investors, including Sarah Leary (co-founder of Nextdoor). Haiku Deck had previously raised less than $1 million in seed funding.

Venture-Backed Appature Sells to IMS Health

IMS Health, a Parsippany, N.J.-based healthcare industry data firm, has acquired Appature, a Seattle-based software company that had raised roughly $10 million, including from Madrona Venture Group and Ignition Partners. Terms of the deal were not disclosed.

Rover.com Raises $7 Mln Series B Round

The Foundry Group has led a $7 million Series B funding round for Rover.com. Existing investor Madrona Venture Group also participated. Brad Feld, a Foundry MD, is joining Rover.com’s’ board. Seattle-based Rover.com connects dog owners with approved, reviewed and insured sitters.

Tubular Picks up $2.5M

(Reuters) – Tubular, a small San Francisco start-up that provides analytics for YouTube content creators, has raised $2.5 million in venture capital in the latest sign of how far the business ecosystem has evolved around the Google-owned video repository.

SNUPI Technologies Launches with Venture Funding

SNUPI Technologies has launched 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.

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