Riley Kennysmith | June 29, 2011 | 373 views | Add a Comment
Categorized under Amazon, Animoto, Ben Spero, Madrona Venture Group, Spectrum Equity Investors

Animoto, a video editing software startup, has raised $25 million in funding. Investors include Spectrum Equity Investors, Madrona Venture Group and Amazon. TechCrunch reports that the company has more than 3 million registered users, 100,000 of whom pay for the service. Spectrum’s Ben Spero joined Animoto’s board.
Amit Chowdhry | April 19, 2011 | 421 views | Add a Comment
Categorized under Dan Levitan, Decide.com, Erik Blachford, Hugh Crean, Madrona Venture Group, Maveron LLC, Mike Fridgen, Ram Shriram

Decide.com, a consumer electronics shopping company in stealth mode, has raised $6 million in a Series B round of funding led by Maveron. Madrona Venture Group and other angel investors also participated in this round of funding. Decide.com has raised a total of $8.5 million in venture capital funding thus far.

Amit Chowdhry | March 7, 2011 | 550 views | Add a Comment
Categorized under Madrona Venture Group, MaxPoint Interactive

MaxPoint Interactive has raised $8 million in an investment round led by Madrona Venture Group. MaxPoint uses point-of-sale data to segment the U.S. into 34,000 different neighborhoods based on the characteristics and interests of the people that live around there. MaxPoint has raised a total of $11 million. [paidContent]
Amit Chowdhry | January 18, 2011 | 909 views | Add a Comment
Categorized under Avalon Ventures, Ben Huh, Brad Feld, Cheezburger Network, Foundry Group, Greg Gottesman, I Can Has Cheezburger?, Madrona Venture Group, Rich Levandov, SoftBank Capital

The Cheezburger network of websites include FAIL Blog and LOLcats. The company has raised $30 million in funding led by the Foundry Group, Avalon Ventures, Madrona Venture Group, and SoftBank Capital. Brad Feld (Foundry), Greg Gottesman (Madrona), and Rich Levandov (Avalon) will be joining the board of directors at Cheezburger. I Can Has Cheezburger now has a total of $32.5 million.

Amit Chowdhry | January 13, 2011 | 896 views | Add a Comment
Categorized under First Round Capital, Founders Co-op, Madrona Venture Group, PHP Fog

PHP Fog is a platform-as-a-service (PHP PaaS) company that has raised $1.8 million in funding from Madrona Venture Group, First Round Capital, Founder’s Co-Op, and several angel investors. According to a press release, PHP Fog is the only company “offering effortless deployment and infinite scaling of PHP applications in the cloud.” PHP Fog has one-click deployments for many PHP application frameworks like WordPress, Drupal, SugarCRM, etc. PHP Fog is currently in private beta, but they expecting to launch in the first half of this year.
Amit Chowdhry | January 3, 2011 | 669 views | Add a Comment
Categorized under Ignition Partners, Madrona Venture Group, OpenView Venture Partners, Skytap, Washington Research Foundation

Skytap is a cloud automation solutions company that has raised $10 million in a Series C round of funding. OpenView Venture Partners led the round of funding with participation from Ignition Partners, Madrona Venture Group, and Washington Research Foundation.

Amit Chowdhry | May 10, 2010 | 1,036 views | Add a Comment
Categorized under Aaron Finn, AdReady, Bain Capital Ventures, Jason Kilar, Karl Siebrecht, Khosla Ventures, Madrona Venture Group, Steve Singh

AdReady is a Seattle-based online advertising company that has raised $5.3 million in funding as noticed on an SEC filing. The VC companies involved in the deal include Madrona Venture Group, Bain Capital, and Khosla Ventures. This round of funding puts the total funding AdReady has at $17.3 million. The company has also hired Steve Singh, Chairman/CEO of Concur as a board member. Hulu CEO Jason Kilar is also on the B.O.D. at AdReady.

Amit Chowdhry | August 19, 2009 | 694 views | Add a Comment
Categorized under Bay Partners, Jambool, Madrona Venture Group, Vikas Gupta

Jambool is a virtual currency startup company that has a platform called “Social Gold” that works with social networking applications. Jambool has raised $5 million in funding, led by Madrona Venture Group with participation from Bay Partners.
Vikas Gupta, co-founder of Jambool said that the funding will be used to accelerate the growth of the company.
“The last ten months have been a whirlwind for us,” stated Jambool CEO and co-founder Vikas Gupta. “Since we launched Social Gold, we’ve seen virtual goods become the de facto monetization engine for social applications. It has been very exciting to build the platform and tools that power large online, virtual economies and enable a great in-app purchase experience for millions of users on social networks. We are thrilled to partner with Madrona and Bay as we accelerate our product development and distribution.”