Madrona Venture Group raises $250 million

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

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