Qumulo Raises Series A Led by Highland

Qumulo, an enterprise data storage company, has raised $24.5 million in a Series A round of financing led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners. The business was founded in March 2012 with seed funding from Valhalla Partners. As part of the investment, Peter Bell, general partner at Highland Capital Partners, joins the board of directors.

AppNexus Appoints Two New Board Members

AppNexus has appointed two new board members Brian McAndrews, former CEO of aQuantive and Edwin J. Gillis, former executive advisor to Skype. McAndrews is a venture partner with the Madrona Venture Group and is also on the boards of portfolio company AdReady, The New York Times Company, Clearwire Corporation, Fisher Communications and Seamless.

Madrona Leads ThisLife Financing

ThisLife has secured a $2.75 million financing round, led by Madrona Venture Group. ThisLife is a service for storing, organizing, viewing and sharing photo and video collections designed specifically for families and photo enthusiasts. PRESS RELEASE ThisLife, the most simple and elegant service for storing, organizing, viewing and sharing photo and video collections, today announced […]

W Fund Officially Launches to Invest in Washington-Based Start-ups

Seattle-based W Fund, a $20 million, university-focused  fund that officially closed on May 31, officially launched today, according to its managing directors. The fund aims to back startups spun out of the University of Washington and other state research institution and its decisions will be made by an investment committee that Tom Alberg and Greg […]

Seamless Appoints Madrona Venture Partner to Board

Seamless, a privately-owned online service for ordering delivery and takeout food has appointed Brian McAndrews to the company’s board of directors. McAndrews is a venture partner with Madrona Venture Group. PRESS RELEASE Seamless, the leading mobile and online service for ordering delivery and takeout food from more than 9,500 restaurants in the US and UK, […]

Rover.com Closes $3.4M

Seattle-based Rover.com has closed on $3.4 million in Series A financing. Madrona Venture Group led the round, with CrunchFund and other angel investors participating. Rover.com is an online marketplace that connects dog owners with local dog sitters. PRESS RELEASE Rover.com, an online marketplace connecting dog owners with local dog sitters, announced a $3.4 million Series […]

Apptio Closes $50 Million Series D Round, Led By T. Rowe Price

Apptio, a five-year-old, Seattle-based company that sells enterprise software as a service to manage IT and operations at large companies, has closed a $50 million Series D round led by T. Rowe Associates. Existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group and Shasta Ventures also participated in the financing, which brings Aptio’s funding to date […]

Z2Live Snaps Up Big Sandwich Games

Z2Live, a creator of free-to-play social games for mobile devices, has acquired Big Sandwich Games, an independent game development studio based in Vancouver, BC. Led by game industry professionals Glenn Barnes and Tyler Sigman, the Big Sandwich Games team will create the foundation of the newly formed Z2Live Games Vancouver. Founded in 2009, Z2Live is […]

Off & Away Acquired by Lockerz

Online hotel booking site Off & Away has been acquired by discount online retailer Lockerz. This provides an exit for investor Madrona Venture Group. PRESS RELEASE Off & Away closing its doors To all of our awesome and faithful customers, today marks an important day for Off & Away. Our company has been purchased by […]

Globespan, DFJ, Madrona Back Redfin Corp.

Redfin Corp. has raised $14.8 million from investors including Globespan Capital Partners, Madrona Venture Group, Vulcan Capital, Draper Fisher Jurvetson and Greylock Partners. The newest round brings Redfin’s total funding to nearly $46 million. The company will use the infusion to launch its technology-powered real estate brokerage in new cities and to deepen its investment in research and development.

Triangle Peak, Hearst Lead Round for Yieldex

Yieldex, a provider of inventory and revenue management software for digital publishers, has closed on $10 million in a third round co-led by Triangle Peak Partners and Hearst Interactive Media. Sequel Venture Partners, Madrona Venture Group, and FFP Holdings also participated in the round, as did previous investor Amazon.com. The company makes software designed to provide inventory analysis, forecasting and pricing for digital media. The company previously raised $12 million in two earlier rounds.

Yieldex Raises Third Round

Yieldex, a provider of inventory and revenue management solutions for digital publishers, has raised $10 million in its third round of venture capital funding. Triangle Peak Partners and Hearst Interactive Media led the round. Existing Yieldex investors Sequel Venture Partners, Madrona Venture Group, and FFP Holdings also participated in the round, as did previous investor Amazon.com, Inc. Yieldex raised $12 million in its Series A and B Rounds.

Cedexis Raises $6M Series A Funding from Madrona and ATV

Portland, Oregon-based Cedexis has raised $6 million in Series A funding from Seattle-based Madrona Venture Group and Advanced Technology Ventures, based in Palo Alto. The two year old company sells cloud performance monitoring and optimization services to enterprise customers. PRESS RELEASE: Cedexis, the leader in community-based cloud performance monitoring and optimization, has secured an additional $6 million […]

Ignition Leads $8M Round for AppFog

AppFog, provider of a cloud-based PHP PaaS hosting service, has added $8 million in new funding. Ignition Partners led the Series B round, with participation from return backers Madrona Venture Group, First Round Capital and Founders Co-Op. The company has raised a total of $9.8 million, and will use the new money to expand its development team. AppFog is based in Portland. As a result of the round, Frank Artale, managing director at Ignition, will join the board.

AppFog Raises $8M From Ignition, Madrona, First Round, Others

AppFog said it raised an $8 million Series B round led by Ignition Partners. The cloud-based hosting service from Portland that was formerly called PHP Fog said the round saw participation from new investors Simon Crosby and Matt Ocko, and from previous investors Madrona Venture Group, First Round Capital and Founders Co-Op. PRESS RELEASE AppFog […]

Animoto Seals $25M from Spectrum, Madrona, Amazon

Online video creation service Animoto.com has sealed $25 million in financing led by Spectrum Equity Investors, with participation from existing Animoto investors Madrona Venture Group and Amazon.com. The money will help Animoto expand its video creation services. As a result of the round, Ben Spero, a managing director for Spectrum Equity, will join the Animoto […]

Nimbic Sweeps Up $6.9M

Nimbic, a Mountain View, Calif.-based start-up developing cloud-computing electronic design automation software, has closed on $6.9 million in new capital from Austral Capital, Madrona Venture Group and WRF Capital. The company said that the infusion would go towards product development of its 3D electromagnetic signal integrity, power integrity and EMI analysis field technology.

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