Data & Infrastructure

Why we invest

Data and infrastructure that help create, manage, label, and store data are crucial to building applications and making better business decisions. With the rise in Generative AI, applications are being built in new ways that impose new requirements on the underlying infrastructure. Madrona strongly believes that as data proliferates and gets more complex, new requirements will emerge to efficiently store, process, protect, and make decisions with that data. With our extensive experience in this domain, Madrona helps companies find product-market fit, develop go-to-market strategies, and build robust teams to drive sustainable long-term growth.

Data & Infrastructure

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  • Amazon
    Amazon is a Fortune 500 company based in Seattle that seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.
    Initial Investment
    1995
    Amazon is a Fortune 500 company based in Seattle that seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.
    CEO
    Andy Jassy
    Investment Journey
    Public May 1997
    NASDAQ: AMZN
    Initial Investment
    1995
  • Bobsled
    Bobsled provides a data sharing platform that helps data providers, SaaS companies and other providers of valuable analytics share data products into the platforms where their customers and partners work.
    Initial Investment
    2022
    Bobsled provides a data sharing platform that helps data providers, SaaS companies and other providers of valuable analytics share data products into the platforms where their customers and partners work.
    Founders
    Jake Graham
    Andy Jefferson
    Josh Neckes
    Initial Investment
    2022
  • Bocada
    Bocada automates backup operations oversight, asset protection, and compliance audits via one single pane.
    Initial Investment
    2001
    Bocada automates backup operations oversight, asset protection, and compliance audits via one single pane.
    CEO
    Mark Silverman
    Investment Journey
    Acquired by private strategic purchaser 2016
    Initial Investment
    2001
  • Cedexis
    Cedexis was a real-time, data-driven service for dynamically optimizing the flow of traffic across public clouds, data centers, CDNs, and ISPs.
    Initial Investment
    2011
    Cedexis was a real-time, data-driven service for dynamically optimizing the flow of traffic across public clouds, data centers, CDNs, and ISPs.
    Founders
    Julien Coulon
    Marty Kagan
    Investment Journey
    Acquired by Citrix 2018
    Initial Investment
    2011
  • CloudCoreo
    CloudCoreo was a next-generation cloud management platform that enabled DevOps and SecOps teams to scale efficiently within and across cloud providers.
    Initial Investment
    2016
    CloudCoreo was a next-generation cloud management platform that enabled DevOps and SecOps teams to scale efficiently within and across cloud providers.
    Founders
    Jason Needham
    Paul Allan
    Investment Journey
    Acquired by VMware 2018
    Initial Investment
    2016
  • Codified

    Codified provides a simple, fast experience for tools and humans to request access to data, delivering customers the ability to access data in accordance with all the rules of the company.

    Initial Investment
    2023

    Codified provides a simple, fast experience for tools and humans to request access to data, delivering customers the ability to access data in accordance with all the rules of the company.

    Founder
    Yatharth Gupta
    Initial Investment
    2023
  • Datacoral
    DataCoral provided a fully managed, cloud-native end-to- end data infrastructure as-a-service solution to data driven enterprises.
    Initial Investment
    2018
    DataCoral provided a fully managed, cloud-native end-to- end data infrastructure as-a-service solution to data driven enterprises.
    Founder
    Raghotham Murthy
    Investment Journey
    Acquired by Cloudera 2021
    Initial Investment
    2018
  • EdgeRunner AI
    EdgeRunner AI is on a mission to build generative AI for the edge that is safe, secure, and transparent. EdgeRunner AI develops small, task-specific ultra-efficient language models (UELMs) that operate without needing internet access, improving data privacy, security, and compliance. By providing generative AI solutions that run locally on any device or hardware, EdgeRunner AI enables enterprises and organizations to leverage AI technology responsibly, without compromising performance or security.
    Initial Investment
    2024
    EdgeRunner AI is on a mission to build generative AI for the edge that is safe, secure, and transparent. EdgeRunner AI develops small, task-specific ultra-efficient language models (UELMs) that operate without needing internet access, improving data privacy, security, and compliance. By providing generative AI solutions that run locally on any device or hardware, EdgeRunner AI enables enterprises and organizations to leverage AI technology responsibly, without compromising performance or security.
    Founders
    Tyler Xuan Saltsman
    Colton Malkerson
    Initial Investment
    2024
  • ExtraHop
    ExtraHop provides cloud-native network detection and response that helps you quickly investigate threats, deliver critical applications, and secure your investment in the cloud.
    Initial Investment
    2007
    ExtraHop provides cloud-native network detection and response that helps you quickly investigate threats, deliver critical applications, and secure your investment in the cloud.
    Founders
    Jesse Rothstein
    Raja Mukerji
    Investment Journey
    Acquired by Bain/Crosspoint 2021
    Initial Investment
    2007
  • Fauna
    Fauna is a global, serverless database that gives ubiquitous, low latency access to application data.
    Initial Investment
    2020
    Fauna is a global, serverless database that gives ubiquitous, low latency access to application data.
    CEO
    Eric Berg
    Initial Investment
    2020
  • Heptio
    Founded by the creators of Google Compute Engine and Kubernetes, Heptio brought Kubernetes to enterprises to help accelerate software development, increase infrastructure efficiency and reduce the complexity of managing software at scale.
    Initial Investment
    2016
    Founded by the creators of Google Compute Engine and Kubernetes, Heptio brought Kubernetes to enterprises to help accelerate software development, increase infrastructure efficiency and reduce the complexity of managing software at scale.
    Founders
    Criag McLuckie
    Joe Beda
    Investment Journey
    Acquired by VMware 2018
    Initial Investment
    2016
  • Igneous
    As cloud infrastructure continues to change the enterprise landscape, Igneous is excited to bring a modern approach to the data center.
    Initial Investment
    2013
    As cloud infrastructure continues to change the enterprise landscape, Igneous is excited to bring a modern approach to the data center.
    Founders
    Jeff Hughes
    Byron Rakitzis
    Kiran Bhageshpur
    Investment Journey
    Acquired by Rubrik 2020
    Initial Investment
    2013
  • Integris
    Integris was a data risk intelligence solution that enables companies to discover, classify and control how they use customer data.
    Initial Investment
    2016
    Integris was a data risk intelligence solution that enables companies to discover, classify and control how they use customer data.
    Founders
    Kristina Bergman
    Uma Raghavan
    Raghuram Gollamudi
    Investment Journey
    Acquired by OneTrust 2020
    Initial Investment
    2016
  • Isilon Systems
    Isilon pioneered clustered storage systems and software for digital content and unstructured data.
    Initial Investment
    2001
    Isilon pioneered clustered storage systems and software for digital content and unstructured data.
    Founders
    Sujal Patel
    Paul Mikesell
    Investment Journey
    Acquired by EMC 2010
    Initial Investment
    2001
  • Lattice Data
    Lattice turned dark data such as text and images into actionable, analyzable structured data with human-caliber quality and at machine scale.
    Initial Investment
    2015
    Lattice turned dark data such as text and images into actionable, analyzable structured data with human-caliber quality and at machine scale.
    Founders
    Christopher Ré
    Feng Niu
    Michael Cafarella
    Raphael Hoffmann
    Investment Journey
    Acquired by Apple 2017
    Initial Investment
    2015
  • Mighty AI
    Mighty AI delivers the human insights artificial intelligence (AI) engines need to see, hear, talk and “think” like humans. Its Training Data as a ServiceTM platform helps companies get the accurate, high-quality data sets they need to train and scale their computer vision and natural language models. Mighty AI was incubated with Madrona Venture Labs.
    Initial Investment
    2014
    Mighty AI delivers the human insights artificial intelligence (AI) engines need to see, hear, talk and “think” like humans. Its Training Data as a ServiceTM platform helps companies get the accurate, high-quality data sets they need to train and scale their computer vision and natural language models. Mighty AI was incubated with Madrona Venture Labs.
    Founders
    Matthew Bencke
    Daryn Nakhuda
    Patrick O'Donnell
    Matt Shobe
    Investment Journey
    Acquired by Uber 2019
    Initial Investment
    2014
  • Mobilewalla
    Mobilewalla provides innovative AI solutions that give data scientists flexible tools and highly predictive data to improve the feature engineering process, increasing efficiency, and creating high performing machine learning models.
    Initial Investment
    2013
    Mobilewalla provides innovative AI solutions that give data scientists flexible tools and highly predictive data to improve the feature engineering process, increasing efficiency, and creating high performing machine learning models.
    Founders
    Anindya Datta
    Jay Clark
    Initial Investment
    2013
  • MontyCloud
    MontyCloud is a multi-cloud management and governance company.
    Initial Investment
    2019
    MontyCloud is a multi-cloud management and governance company.
    CEO
    Walter Rogers
    Initial Investment
    2019
  • MotherDuck
    MotherDuck makes analytics fun, frictionless, and ducking awesome. In partnership with the team building open-source database DuckDB, MotherDuck was founded by former leaders at some of the most innovative companies in data. It is on a mission to combine the elegance and speed of DuckDB with the collaboration and scalability of the cloud to provide a serverless, easy-to-use data analytics platform for data, small and large.
    Initial Investment
    2022
    MotherDuck makes analytics fun, frictionless, and ducking awesome. In partnership with the team building open-source database DuckDB, MotherDuck was founded by former leaders at some of the most innovative companies in data. It is on a mission to combine the elegance and speed of DuckDB with the collaboration and scalability of the cloud to provide a serverless, easy-to-use data analytics platform for data, small and large.
    CEO
    Jordan Tigani
    Initial Investment
    2022
  • Numbers Station
    Numbers Station is Automating the Data Stack starting with AI Powered Data Transformation.
    Initial Investment
    2023
    Numbers Station is Automating the Data Stack starting with AI Powered Data Transformation.
    Founders
    Chris Aberger
    Ines Chami
    Sen Wu
    Chris Re
    Initial Investment
    2023
  • Observe Inc
    Observe is an observability platform that enables finding issues faster, fixing them faster and at a lower cost.
    Initial Investment
    2021
    Observe is an observability platform that enables finding issues faster, fixing them faster and at a lower cost.
    CEO
    Jeremy Burton
    Initial Investment
    2021
  • Ollion
    Ollion is the global, born-in-the-cloud consultancy working together to unify business-shaping tech for good.
    Initial Investment
    2012
    Ollion is the global, born-in-the-cloud consultancy working together to unify business-shaping tech for good.
    CEO
    Peter Wright
    Initial Investment
    2012
  • PlayFab
    PlayFab offers the most complete backend and operations platform built exclusively for live games.
    Initial Investment
    2015
    PlayFab offers the most complete backend and operations platform built exclusively for live games.
    Founders
    James Gwertzman
    Matt Augustine
    Investment Journey
    Acquired by Microsoft 2018
    Initial Investment
    2015
  • Qumulo
    Qumulo fundamentally changes how enterprises store and manage enormous numbers of digital assets. By creating the world’s first data-aware scale-out NAS software, Qumulo enables customers to answer critical questions about their data footprint in real-time and at incredible scale.
    Initial Investment
    2012
    Qumulo fundamentally changes how enterprises store and manage enormous numbers of digital assets. By creating the world’s first data-aware scale-out NAS software, Qumulo enables customers to answer critical questions about their data footprint in real-time and at incredible scale.
    CEO
    Douglas Gourlay
    Initial Investment
    2012
  • RelationalAI
    RelationalAI is building a groundbreaking relational knowledge graph system for developing intelligent data apps. Knowledge graphs are databases that model business concepts, the relationships between them, and the associated application logic. RelationalAI complements the modern data stack to accelerate the development of intelligent data applications. RelationalAI brings together a team of industry experts and researchers across the globe with an extensive list of innovations and awards. The RelationalAI knowledge graph system is available for early deployments with enterprise customers.
    Initial Investment
    2021
    RelationalAI is building a groundbreaking relational knowledge graph system for developing intelligent data apps. Knowledge graphs are databases that model business concepts, the relationships between them, and the associated application logic. RelationalAI complements the modern data stack to accelerate the development of intelligent data applications. RelationalAI brings together a team of industry experts and researchers across the globe with an extensive list of innovations and awards. The RelationalAI knowledge graph system is available for early deployments with enterprise customers.
    Founder
    Molham Aref
    Initial Investment
    2021
  • Skytap
    Skytap is a global cloud provider that accelerates enterprise innovation by modernizing traditional applications with cloud-native development and services.
    Initial Investment
    2006
    Skytap is a global cloud provider that accelerates enterprise innovation by modernizing traditional applications with cloud-native development and services.
    CEO
    Brad Schick
    Investment Journey
    Acquired by Kyndryl 2024
    Initial Investment
    2006
  • Snowflake
    Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries use Snowflake Data Cloud to power their businesses.
    Initial Investment
    2017
    Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries use Snowflake Data Cloud to power their businesses.
    CEO
    Frank Slootman
    Investment Journey
    Public Sept. 2020
    NYSE: SNOW
    Initial Investment
    2017
  • Spice AI
    Spice AI is the fastest, smartest, and easiest way to access web3 data and to build data and AI-driven apps. Spice AI removes the complexity of managing AI infrastructure, providing developers and engineers with the technology and tools to deliver the next generation of apps.
    Initial Investment
    2021
    Spice AI is the fastest, smartest, and easiest way to access web3 data and to build data and AI-driven apps. Spice AI removes the complexity of managing AI infrastructure, providing developers and engineers with the technology and tools to deliver the next generation of apps.
    Founders
    Luke Kim
    Phillip LeBlanc
    Lane Harris
    Initial Investment
    2021
  • Tier 3
    Tier 3 was a Seattle-based infrastructure as a service (IaaS) platform and advanced cloud management company
    Initial Investment
    2011
    Tier 3 was a Seattle-based infrastructure as a service (IaaS) platform and advanced cloud management company
    Founder
    Jared Wray
    Investment Journey
    Acquired by Savvis, a CenturyLink company 2013
    Initial Investment
    2011
  • Union Bay Networks
    Union Bay Networks worked to change the way applications and data can be accessed across public and private cloud infrastructure.
    Initial Investment
    2013
    Union Bay Networks worked to change the way applications and data can be accessed across public and private cloud infrastructure.
    Founders
    Benn Bollay
    Jason Needham
    Tom Hull
    Investment Journey
    Acquired in 2015
    Initial Investment
    2013
  • Unstructured
    Unstructured is the leader in data transformation for enterprise AI.
    Initial Investment
    2023
    Unstructured is the leader in data transformation for enterprise AI.
    Founder
    Brian Raymond
    Initial Investment
    2023
  • Visual Layer
    Visual Layer is a visual asset management platform for the era of generative AI. With Visual Layer you can simplify visual data ops, ingest data from any source, gain insights, and automatically find and fix data quality issues.
    Initial Investment
    2023
    Visual Layer is a visual asset management platform for the era of generative AI. With Visual Layer you can simplify visual data ops, ingest data from any source, gain insights, and automatically find and fix data quality issues.
    Founders
    Danny Bickson
    Amir Alush
    Carlos Guestrin
    Initial Investment
    2023
  • World Wide Packets
    World Wide Packets designed high-performance ethernet networking equipment and software that provide total solutions for broadband fiber deployments.
    Initial Investment
    2003
    World Wide Packets designed high-performance ethernet networking equipment and software that provide total solutions for broadband fiber deployments.
    Founders
    Bernard Daines
    Kevin Daines
    Investment Journey
    Acquired by Ciena 2008
    Initial Investment
    2003