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Matt McIlwain

Fluid apps, open models, and free markets: Inside the AI-focused Intelligent Applications Summit

by Todd Bishop on October 12, 2023October 12, 2023 at 12:54 pm

Everything in AI is in flux. In fact, a lack of predictability will define this new era. That was one of the overarching takeaways from the second annual Intelligent Applications… Read More

Is Seattle an AI hub? City is missing from national conversation about the new tech economy

by Taylor Soper on September 11, 2023September 11, 2023 at 11:45 am

Seattle tech leaders say their city is a hub for AI innovation. But you wouldn’t know it after scanning recent lists highlighting the most promising AI startups. There were two… Read More

Podcast

Shift AI Podcast: Madrona’s Matt McIlwain on Seattle’s place at the center of the AI universe

by Boaz Ashkenazy on August 26, 2023August 26, 2023 at 6:54 am

[Editor’s Note: On this week’s GeekWire Podcast, we’re featuring an episode of Shift AI, a podcast hosted by Boaz Ashkenazy, CEO of AI solutions provider Simply Augmented, with guest Matt… Read More

IBM’s $4.6B Apptio deal marks another new era for Seattle-area cloud and IT management company

by Todd Bishop on June 26, 2023June 26, 2023 at 8:18 am

IBM announced a deal Monday to buy Apptio for $4.6 billion from Vista Equity Partners, less than five years after the private equity firm acquired the Bellevue, Wash.-based cloud and… Read More

Fred Hutch and Amazon collaborating on clinical trial to test vaccines against cancer

by Charlotte Schubert on July 12, 2022July 12, 2022 at 11:13 am

Fred Hutchinson Cancer Center is leveraging Amazon’s machine learning expertise to collaborate on an early-stage clinical trial testing an anti-cancer vaccine in patients with certain types of breast cancer or… Read More

‘Intersection of innovation’: Why top tech VC firms are betting big on life science startups

by Charlotte Schubert on February 22, 2022February 22, 2022 at 2:26 pm

Machine learning, data science and other computational methods are wielded by a growing number of biopharma startups to find new drug targets, design new therapeutics, and support their testing. Venture… Read More

New list highlights 40 top startups solving business problems with artificial intelligence

by Charlotte Schubert on November 29, 2021November 29, 2021 at 7:53 am

Four Seattle-area companies made a list of top private companies building business applications with artificial intelligence and machine learning. The inaugural Intelligent Applications Top 40 (IA40) list was sponsored by… Read More

A-Alpha Bio founders

University of Washington spinout A-Alpha Bio snags $20M for protein-discovery platform

by Charlotte Schubert on September 8, 2021July 10, 2023 at 6:33 pm

A-Alpha Bio will build lab space in downtown Seattle and beef up its machine learning team with $20 million in new venture funding for its operation to identify therapeutic proteins,… Read More

These biotech and life sciences CEOs made the leap from software startups — here’s how they did it

by Charlotte Schubert on September 2, 2021September 27, 2021 at 7:40 am

In the past several years the barriers between tech and the life sciences have begun to dissolve. AI and machine learning have gone from buzzwords to bedrock technologies for a… Read More

VC family: Madison McIlwain follows her father’s footsteps, and carves out her own tech interests

by Kurt Schlosser on February 13, 2021February 15, 2021 at 11:22 am

An elevator pitch, quick coffee, lunch or Zoom chat might be how some investors get a feel for a particular company or founder. Madison McIlwain picked up what to look… Read More

Podcast

GeekWire Podcast: Seattle region’s new tech giant; ‘Slackforce’ analysis; AWS re:Invent takeaways

by Todd Bishop on December 5, 2020December 5, 2020 at 11:34 am

This week on the GeekWire Podcast: Salesforce strikes a deal to acquire Slack for $27.7 billion; Amazon Web Services makes some surprising news at its annual re:Invent cloud conference; and a new… Read More

Video

Fred Hutch President Gary Gilliland to step down as leader of cancer research powerhouse

by James Thorne on September 17, 2019September 17, 2019 at 12:55 pm

Gary Gilliland, president and director of the Fred Hutchinson Cancer Research Center, announced plans to step down from his post next year after a successor is found. “After considering a… Read More

More cash crops up for TerraClear as startup raises $6.1M in bid to change farming with advanced tech

by Kurt Schlosser on May 1, 2019May 1, 2019 at 10:28 am

TerraClear’s bid to upend the farming industry by using advanced technology to help farmers clear rocks from fields is producing a reliable crop — cash. The startup just closed a… Read More

‘Intersections of innovation:’ Madrona director Matt McIlwain named Fred Hutch chair as more tech execs join board

by Clare McGrane on June 8, 2018June 11, 2018 at 10:19 am

In Seattle’s South Lake Union — a short walk from Amazon’s headquarters and the offices of Facebook and countless other technology companies — the Fred Hutchinson Cancer Research Center is having… Read More

Judge blocks Seattle’s new income tax on the rich

by Monica Nickelsburg on November 22, 2017November 22, 2017 at 3:16 pm

Seattle’s new income tax on high earners hit its first legal roadblock Wednesday when King County Superior Court Judge John Ruhl struck down the law, ruling that it violates Washington… Read More

Seattle investor questions city plan to spend up to $250K defending income tax on the rich

by Monica Nickelsburg on August 24, 2017August 24, 2017 at 4:52 pm

Matt McIlwain believes Seattle is wasting resources defending an income tax ordinance passed by the City Council in July. The Madrona Venture Group managing director, who is leading a legal… Read More

Seattle venture capitalist Matt McIlwain’s non-profit sues city over income tax on high earners

by Monica Nickelsburg on August 9, 2017August 9, 2017 at 4:21 pm

A non-profit founded by Madrona Venture Group Managing Director Matt McIlwain is filing a lawsuit against the City of Seattle over a new plan to levy an income tax on… Read More

Madrona Venture Group director launches nonprofit to challenge Seattle income tax in court

by Monica Nickelsburg on July 24, 2017July 25, 2017 at 7:53 am

Matt McIlwain, managing director of Madrona Venture Group, has founded a non-profit to fund legal challenges to Seattle’s new income tax on high earners. The group, called the Opportunity for… Read More

Cloud exits: How the M&A and IPO markets are changing expectations for cloud tech companies

by Geof Wheelwright on February 27, 2017February 27, 2017 at 7:50 pm

Cloud technology companies have increasingly become acquisition targets rather than IPO candidates, according to a new research report. But investors and analysts say that could start to change in the… Read More

Matt McIlwain

Tech investor Matt McIlwain: Seattle will shape the future with a ‘three-layer cake’ of innovation

by Clare McGrane on November 10, 2016November 10, 2016 at 6:43 am

The tumultuous election has put a cloud of uncertainty over the tech industry. But Matt McIlwain is optimistic, especially when it comes to the Seattle region’s prospects as a technology leader. Speaking at… Read More

Sujal Patel, Matt McIlwain

Top tech investors with a taste for restaurants bankroll Circadia, a fine dining space planned near Amazon

by Kurt Schlosser on March 18, 2016March 18, 2016 at 7:49 am

A new restaurant is coming to Seattle with a location near the heart of Amazon’s corporate campus and a concept aimed at attracting patrons looking for a fine dining experience that matches… Read More

Tech leaders sound off on Star Wars: Favorite characters, business lessons and how they’d use the Force

by John Cook on December 15, 2015December 15, 2015 at 7:13 pm

The Force is strong in the tech industry. And you don’t have to travel to Dagobah to find it. Star Wars fans can be found in nearly every corner of the… Read More

Startup leaders say President Young’s departure won’t slow UW entrepreneurial momentum

by Frank Catalano on February 4, 2015February 4, 2015 at 12:53 pm

Don’t expect the unexpected departure of University of Washington President Michael Young to put a damper on the university’s startup efforts. That’s the common thread running through reaction of Seattle’s entrepreneurial… Read More

These techies just invested $15 million in a Seattle pizza chain

by John Cook on May 30, 2014December 15, 2014 at 8:01 pm

MOD Pizza just completed a very special order — closing a $15 million funding round. That’s usually not news on a tech site like GeekWire, but then look at who… Read More

Madrona’s Matt McIlwain: Seattle is the cloud capital of the world

by John Cook on February 18, 2014June 12, 2017 at 11:53 pm

There’s a renaissance of sorts occurring in Seattle right now, from the chart-busting hits of Macklemore & Ryan Lewis to the bone-crunching Super Bowl win of the Seattle Seahawks to… Read More

Podcast

GeekWire Radio: What is Seattle’s rightful place in the technology world?

by Todd Bishop on February 15, 2014June 12, 2017 at 1:20 pm

Our guest on this week’s GeekWire Radio show is Matt McIlwain, managing director at Seattle-based venture capital firm Madrona Venture Group and a mainstay of the Pacific Northwest tech community.… Read More

Newsmakers 2012: Greg Gottesman, Matt McIlwain lead the charge at Madrona

by John Cook on November 29, 2012November 29, 2012 at 9:57 am

At a time when many are proclaiming the death of the traditional venture capital firm, Madrona Venture Group seems to be hitting its stride. The Seattle firm, originally founded 17… Read More

GeekWire Debate: How Mitt Romney will fuel the ‘opportunity economy’

by Matt McIlwain on October 3, 2012October 3, 2012 at 7:46 am

America is at a crossroads.  We can continue to support a president who embraces a government-driven, economic redistribution strategy.  Or, we can make a change to a citizen-driven, economic opportunity… Read More

Why Madrona’s Matt McIlwain is hanging at the GOP convention in Tampa this week

by John Cook on August 30, 2012August 30, 2012 at 9:36 am

Madrona Venture Group’s Matt McIlwain usually spends his days scouring the Pacific Northwest landscape for the hottest startups. But not this week. McIlwain is one of a handful of venture… Read More

Madrona Venture Group raises $300 million fund, largest in firm’s history

by John Cook on June 5, 2012June 6, 2012 at 6:57 am

Industry reports signal tough times for venture capital firms, with shrinking returns and lackluster results tied to a weak IPO market. But despite the headwinds, Madrona Venture Group still was… Read More

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