Over the last decade, Millennium has been a pioneer, innovator, and leader in developing institutional-quality alternative liquidity programs for companies and shareholders in the venture capital ecosystem, partnering with the world’s leading technology companies to design investment structures that foster long-term growth from growth capital to debt financing and secondary liquidity.
The firm has close to $1 billion in assets under management, and has completed more than 300 investments that include Facebook (FB), Twitter, Zappos (acquired by AMZN), Chegg, Lookout, NetSpend (NTSP), Tellme (acquired by MSFT), RigNet (RNET), eHarmony, Good Technology, BeachMint, HauteLook (acquired by JWN), Tumblr (acquired by YHOO), ETF Securities, Tremor Video, LegalZoom, Wayport
(acquired by T), Green Dot (GDOT), Epocrates (acquired by ATHN), iPass (IPAS), Airvana (acquired by SAC Capital), HootSuite, Rearden Commerce, LiveOps, MarkLogic, ID Analytics (acquired by LOCK), Acronis, ArcSight (acquired by HPQ), PlaySpan (acquired by V), LifeLock (LOCK) and many others.
Millennium’s most recent fund, Millennium Technology Value Partners II, is the largest fund focused on providing alternative liquidity solutions to shareholders of venture-backed companies. In addition to its leadership in secondary investing, Millennium also provides flexible capital solutions to high-growth companies. Based in New York, Millennium is led by its founding partners Samuel Schwerin and Daniel Burstein.
Over the past 3 years, Millennium has had 7 IPOs and 9 acquisitions of its portfolio companies: