Madrona Venture Group Posts
Jama Software is a Portland, Oregon based company that was founded in 2007. The Jama Product Delivery Platform is a web-based application that helps companies conceive, build, and deliver complex products. Jama Software has raised $13 million in Series B funding led by Trinity Ventures with participation from Madrona Venture Group. Jama Software will be using the funding to double down on their SaaS-based approach for product management and delivery. The company will also expand in Europe and Asia and develop deeper integrations with developer tools.
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Rover.com has raised $3.5 million in funding from a group of investors. The lead investor was pet retailer company Petco. Rover.com also signed an exclusive partnership with Petco to promote their services on its website and in all of their stores. Rover.com is known as the “Airbnb for dogs.”
Context Relevant is a Seattle-based startup that offers predictive data analysis to businesses without the need to have an extensive analytics team. Context Relevant has raised $7 million in funding after previously raising $2.8 million in seed funding. Vulcan Capital joined the existing investors Madrona Venture Group and Geoff Entress for this round. Bloomberg Beta and several other undisclosed private investors also participated in this round also.
Haiku Deck is a company that has built a presentation-creator iPad application. The company has raised $3 million in their first round of funding. The funding was led by Trilogy Partnership with participation from Madrona Venture Group, Founders Co-op, and several angel investors.
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Based in Seattle, Decide.com is an online shopping startup company that has raised $8 million in Series C funding. Decide.com helps consumers find the best deals for products by comparing multiple retail websites. This round of funding was led by Vulcan Capital with participation from existing investors Maveron Venture Partners and Madrona Venture Group. Decide.com has raised a total of $17 million in funding thus far.
According to TechCrunch, Shutterfly is in talks to acquire ThisLife for $25 million. ThisLife was founded by husband and wife Matt Johnson and Andrea Johnson. The company is a cloud-based storage application for hosting pictures. ThisLife is especially known for having a clean user interface.