Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run
TMCnet News Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run [December 30, 2020] Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run Madrona Venture Group, the leading venture capital firm based in Seattle, announced today the closing of more than $500 million in new funds. The firm closed two funds simultaneously, Madrona Venture Fund 8 of $345 million and Acceleration Fund 2 of $160 million. Both funds were heavily over-subscribed. The funds will be deployed on complementary stra...