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June 6, 2012 02:55 am GMT

More Money For Seattle Startups: Madrona Raises $300M Fund

madrona logoSeattle-based Madrona Venture Group just announced that it has raised a $300 million fifth fund.This is the firm's fifth fund, and its largest yet. The firm says it had planned to raise $250 million, but the fund was oversubscribed, with most of the money coming from existing investors.

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