Tech Company Financing Transactions

Millennial Media Funding Round

Millennial Media, operating out of Baltimore, secured $16 million from New Enterprise Associates, Bessemer Venture Partners and Columbia Capital.

Transaction Overview

Company Name
Announced On
11/16/2009
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Proceeds Purpose
The new growth financing will be used to continue to strengthen Millennial Media's position as the leading mobile ad network in the U.S., as well as finance accelerated international expansion, advanced targeting products, and wider-penetration of its mobile media planning platform for agencies.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
2400 Boston Street 201
Baltimore, MD 21224
USA
Email Address
Overview
Millennial Media is a mobile advertising company that uses its deep understanding of mobile consumers, technologies and media to sell performance based advertising solutions to advertisers.
Profile
Millennial Media LinkedIn Company Profile
Social Media
Millennial Media Company Twitter Account
Company News
Millennial Media News
Facebook
Millennial Media on Facebook
YouTube
Millennial Media on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Barrett
  Michael Barrett LinkedIn Profile  Michael Barrett Twitter Account  Michael Barrett News  Michael Barrett on Facebook
Chief Technical Officer
Bob Hammond
  Bob Hammond LinkedIn Profile  Bob Hammond Twitter Account  Bob Hammond News  Bob Hammond on Facebook
VP - General Counsel
Ho Shin
  Ho Shin LinkedIn Profile  Ho Shin Twitter Account  Ho Shin News  Ho Shin on Facebook


 

 

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Prev: 11/16/2009: Ortho Kinematics venture capital transaction
Next: 11/17/2009: RockYou venture capital transaction

 

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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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