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Madrona Venture Group raises $250 million

June 11, 2008View for printing

Madrona Venture Group http://www.madrona.com/ has raised a $250 million venture fund, the largest in the 13-year history of the Seattle venture capital firm.

The speed at which the firm raised the new cash -- less than four months -- and the commitment from existing investors -- Kauffman Foundation, University of Washington and others reupped -- speaks to Madrona's recent success.

By JOHN COOK P-I REPORTER

Full Story: http://seattlepi.nwsource.com/busine ... ?source=rss
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