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 (TWTR), Alibaba Group (BABA), Tumblr (YHOO), Zappos (AMZN), Tellme (MSFT), Epocrates (ATHN), Chegg (CHGG), Lookout, Good Technology, BeachMint, HauteLook (JWN), GreenDot (GDOT), NetSpend (TSS), ETF Securities, Tremor (TRMR), LegalZoom, Wayport (T), RigNet (RNET), iPass (IPAS), Airvana (SAC), HootSuite, ArcSight (HPQ), ID Analytics (LOCK), Datapipe (acquired), PlaySpan (V), 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.
Since 2009, Millennium has had 11 IPOs and 10 acquisitions of its portfolio companies: