Madrona’s Matt McIlwain: In-person interaction vital as firm raises $690M and opens Palo Alto office

Madrona Venture Group managing director Matt McIlwain says hybrid work hasn’t been solved and emphasizes that in-person interaction is essential for trust-based VC–founder relationships, prompting regular partner office days and a new Palo Alto office. Madrona recently closed a record $690 million across two funds, driven in part by prior wins like its 2020 Snowflake investment.

MMatt McIlwain