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Madrona gets $150 million to bankroll new startups in Pacific Northwest

It took several months on the fund-raising trail, but Madrona Venture Group http://www.madrona.com/ — an early investor in Amazon.com, ShareBuilder and a number of other Seattle-area companies — has attracted more than $150 million for its third venture fund.

The Seattle venture capital firm will use the money to bankroll as many as a half-dozen new startup companies in the Pacific Northwest each year — a potential booster shot to the region’s high-tech economy.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/259535_madrona15.html?source=rss

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