Algorithmia
Algorithmia’s AI Layer manages the machine learning lifecycle and automates the deployment of machine learning models at scale.
Tim Porter
Managing Director
Tim is focused on investing in B2B software companies in the Pacific Northwest. He currently is particularly interested in the areas of B2B intelligent applications and SaaS, cloud native software, ML and data analytics, and security. He is a board member or board observer of numerous Madrona portfolio companies.
In addition to his work at Madrona, Tim is a member of the Investment Committee for the Alliance of Angels Seed Fund I, and also is on the boards of the Washington Technology Industry Alliance and the Technology Alliance. Tim also serves on the Investment Committee for Global Partnerships’ Social Venture Fund.
Past lives
Prior to joining Madrona in 2006, Tim was a key member of Microsoft’s Corporate Development group, where he shared responsibilities for sourcing, structuring, and negotiating Microsoft’s acquisitions, strategic investments and joint ventures. While at Microsoft, Tim focused on enterprise software, security, and mobile and closed 14 transactions for over $850 million. Notable transactions included Microsoft’s acquisitions of Softricity, FrontBridge Technologies, ProClarity, Whale Communications, and Giant Company Software. Earlier in his career, Tim worked nearly five years for broadband satellite start-up Teledesic, spending his last year there while also working for Craig McCaw’s Eagle River Investments.
Extracurricular
Outside of work, Tim enjoys spending time with his wife and two children. He is a sports junkie and enjoys watching and playing basketball, despite having lost the step he never had.
Education
Tim received his bachelor’s degree in Mechanical Engineering from MIT and an MBA from the Stanford Graduate School of Business.
INVESTMENTS
CURRENT
Algorithmia
Echodyne
Echodyne
Echodyne provides a radar vision platform that enables autonomous cars and drones to move safely on roads and in the sky.
Eclypsium
Eclypsium
Eclypsium protects the foundation of the enterprise infrastructure, controlling the risk and stopping threats that target the firmware of laptops, servers and network infrastructure.
Highspot
Highspot
Highspot is the industry’s most powerful sales engagement platform. Using Highspot, sales teams are connected to the most relevant content for each situation, have flexible ways to present content to customers, and gain real-time visibility into whether customers find the content engaging.
Integris
Integris
Integris, a data risk intelligence solution that enables companies to discover, classify and control how they use customer data. This control enables companies to protect customer data and more easily comply with the complex set of privacy and consumer data regulations around the globe.
Jama Software
Jama Software
Jama is a cloud-based collaborative solution used by Global 1,000 companies to define, build and test products.
Jobalign
Jobalign
A mobile-first, bilingual jobs marketplace that makes it easy for the more than 75 million hourly workers in the United States to find and apply for jobs from any mobile phone, tablet or computer.
Lexion
Lexion
A SaaS application of AI and NLP applied to managing the information buried in corporate contracts.
Pixvana
Pixvana
Pixvana is a Seattle-based software startup building a virtual reality and augmented reality video processing and delivery platform for media and entertainment applications.
Saykara
EXIT
Appature
Appature
Appature was a relationship management software designed for the healthcare industry.
Appature was acquired by IMS Health in 2013.
buuteeq
buuteeq
Buuteeq powered hotel marketing.
Buuteeq was acquired by Priceline.com in 2014.
Heptio
Heptio
Founded by the creators of Google Compute Engine and Kubernetes, Heptio’s mission is to bring Kubernetes to enterprises to help accelerate software development, increase infrastructure efficiency and reduce the complexity of managing software at scale.
Heptio was acquired by VMWare in December 2018.
Icebrg
Impinj
Impinj
Impinj is a leader in the RFID market, delivering item intelligence for a broad set of industries including retail and healthcare.
Lattice Data
Lattice Data
Lattice turns dark data such as text and images into actionable, analyzable structured data with human-caliber quality at machine scale.
Lattice was acquired in 2017.
Mobilisafe
Mobilisafe
Mobilisafe provided a simple yet powerful solution for companies to understand and manage the risk of personal mobile devices coming to their corporate networks.
Mobilisafe was acquired by Rapid7 in 2012.
PlayFab
PlayFab
PlayFab offers the most complete backend and operations platform built exclusively for live games.
Acquired by Microsoft in 2018.
Shippable
Union Bay Networks
Union Bay Networks
Union Bay Networks worked to change the way applications and data can be accessed across public and private cloud infrastructure.
Union Bay Networks was acquired by an undisclosed company in 2015.
Z2
Z2
Z2 creates original next-generation, free-to-play, social and multiplayer games for mobile devices. It was acquired by King Digital Entertainment in February 2015.
“I really believe that no other venture firm will roll up their sleeves and work harder than Madrona to help make your company successful.”