Madrona Venture Group raised more than $500 million in fresh capital that the 25-year-old Seattle venture capital firm will use to bankroll both early and later-stage startups. It marks the firm's largest fundraising effort to date and reflects Madrona's continued bet on the growing Pacific Northwest tech ecosystem, as well as the fruits of returns from investments in companies such as Accolade, Redfin, Snowflake, Heptio, Xnor.ai, Lattice Data, and a flurry of others.
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