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Madrona Venture Group funding aids three software startups

Three local software companies received a fresh round of venture capital last week, taking advantage of a warmer investment climate for early and later-stage companies.

Each company has one thing in common: Seattle-based Madrona Venture Group http://www.madrona.com/ was an investor in all three.

"With the economy picking up, we are seeing a much more optimistic atmosphere," said Tom Alberg, Madrona’s founder and managing director. "We are seeing very strong companies right now compared to two years ago."

By Tricia Duryee

Seattle Times Technology reporter

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2002152682_btmadrona17.html

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