Media

Portfolio

Hyundai Motor And Plus Demonstrate L4 Fuel Cell EV Truck In The US

Hyundai and Plus are collaborating in bringing autonomy to a fuel cell powertrain

May 3, 2024
Portfolio

HootSuite Acquires Talkwalker

Leading social media management platform acquires social listening capability

April 8, 2024
Portfolio

How Opentrons Is Expediting Biotech Research

Opentrons is one of Fast Company’s Most Innovative Companies in the robotics category.

March 19, 2024
Portfolio

TRATON Chooses Plus To Power Future Level 4 Driverless Trucks

TRATON is one of the world’s leading commercial vehicle manufacturers

March 12, 2024
Firm

Joseph Kao Becomes Partner at Millennium

Samuel Schwerin discusses firm’s outlook for venture and technology investing in 2024

January 10, 2024
Portfolio

Aurora Opens First Commercial Route for Driverless Trucks

Aurora opens its first lane for driverless trucks connecting Dallas and Houston

November 1, 2023
Portfolio

Distyl AI Raises $7 Million and Partners With OpenAI

Funding round was led by Coatue and Dell Technologies Capital

April 13, 2023
Portfolio

Self-Driving Startups Try to Turn Big Rigs Into Fuel-Sippers

Applying automation to heavy-duty trucks will yield more than just safety benefits

March 28, 2023
Portfolio

May Mobility Launches New, Smarter Robotransit Technology

New Multi-Policy Decision Making (MPDM) autonomous driving system launched

March 16, 2023
Portfolio

Pagaya Acquires Darwin Homes

Acquisition extends asset classes managed by Pagaya’s artificial intelligence platform

January 11, 2023
Portfolio

May Mobility Hires Intel Executive as COO

Autonomous shuttle developer names Kathy Winter, a veteran self-driving technology executive at Intel and Delphi, as COO

November 28, 2022
Portfolio

Delta Air Lines To Inject Up To $200M Into Joby

Delta commits at least $60 million to Joby for ‘Home-To-Airport’ service

October 11, 2022
Portfolio

OnX Raises $87.4 Million in Series B Round

The round was led by Summit Partners, with participation from Millennium Technology Value Partners

October 5, 2022
Portfolio

$215 Million Venture Fund to Be Formed by U.S. and Korean Investors

The Korea Venture Investment Corp (KVIC) and three U.S. venture capitals signed a deal to collaborate

September 22, 2022
Portfolio

Deep Instinct Raises $62.5 Million Financing

The round was led by BlackRock, with participation from Chrysalis Investments, Millennium, and Unbound

September 22, 2022
Portfolio

May Mobility Aims for Fully Driverless Autonomous Shuttles by 2023

Michigan-based autonomous ride-hail and shuttle startup says its $111 million Series C will help it get to driver-out operations in 2023

July 12, 2022
Portfolio

BetterCloud Announces Strategic Investment From Vista Equity

New capital underscores BetterCloud’s market leadership and high demand for its leading SaaS Management Platform

June 8, 2022
Portfolio

Alphabet-backed Startup Using IoT to Listen to Fruit and Identify Ripeness

Strella raises $8 million to bring freshness data to the food supply chain

June 7, 2022
Portfolio

Mendel Raises $40 Million Series B Round

Founded in 2016, the company has raised $65 million to date

April 22, 2022
Portfolio

Jumio Sales Up 140% as Growth Streak Extends

Continued strong growth for end-to-end identity proofing with face biometrics for KYC and anti-money laundering checks

April 21, 2022
Portfolio

Joby Aviation Wants to Conduct Dramatic eVTOL Flights Over San Francisco Bay

Air taxi developer lays claim to fastest, longest and highest eVTOL flights

January 28, 2022
Portfolio

SparkCognition, an AI Solutions Developer for Multiple Industries, Raises $123 Million

Post-money valuation for the series was $1.4+ billion

January 25, 2022
Portfolio

Ziva Dynamics Acquired by Unity

Ziva is the leader in sophisticated simulation and deformation, machine learning, and real-time character creation

January 24, 2022
Portfolio

Cloudreach Acquired by Atos

Cloudreach to boost its multi-cloud and security capabilities

December 7, 2021
Portfolio

Jumio Acquires 4Stop to Advance Identity Orchestration

Artificial intelligence (AI) identity verification startup Jumio is acquiring global KYC (know your customer) and fraud prevention firm 4Stop

December 7, 2021
Portfolio

Acceptto Acquired by SecureAuth

Acquisition of contextual behavior threat intelligence technology transitions SecureAuth into a leader in high-assurance low-friction authentication

November 3, 2021
Portfolio

Zenith AI Acquired by Opentrons Labworks

Acquistion completed alongside a $200 milion investment by Softbank

October 20, 2021
Portfolio

Pagaya to Go Public Via $8.5 Billion SPAC Merger

Pagaya manages assets for institutional shareholders using artificial intelligence

September 15, 2021
Portfolio

GrubMarket Raises $120 Million at $1+ Billion Valuation

Provider of software and services that help link up and manage relationships between food suppliers and their customers picked up $120M

September 14, 2021
Portfolio

BigCommerce Acquires Feedonomics

Leading Open SaaS ecommerce platform and leading data feed optimization platform combine best-in-class capabilities to help merchants increase cross-channel sales of products everywhere people shop online

July 27, 2021
Portfolio

Aurora to Go Public Via $13 Billion Merger with Mark Pincus and Reid Hoffman SPAC

The deal will include a private placement of $1 billion from Baillie Gifford, CPPIB, Index Ventures, Sequoia Capital, Uber and Volvo

July 15, 2021
Portfolio

Luxury Travel Subscription Startup Inspirato Plans $1.1 Billion SPAC Merger

Transaction values the combined company is expected to provide up to $260 million in net cash proceeds.

June 30, 2021
Portfolio

SparkCognition Acquires Ensemble Energy

Through this acquisition, SparkCognition is offering the world’s first artificial intelligence-enabled asset management platform

May 21, 2021
Portfolio

Sunrun To Install Charge Station For All-Electric Ford F-150 Lightning

Customers will also be provided the opportunity to install solar energy on their home

May 19, 2021
Portfolio

INDUS.AI Acquired by Procore

Computer vision turns visual construction data into actionable insights

May 6, 2021
Portfolio

Acronis Raises $250 Million at a $2.5+ Billion Valuation

The funding is being led by CVC and values Acronis at over $2.5 billion

May 4, 2021
Portfolio

BlackRock, Tudor Group Back Cybersecurity Startup Deep Instinct

BlackRock leads investment as company positions itself as the next fastest-growing cybersecurity solutions provider with an aggressive growth trajectory

April 22, 2021
Portfolio

Sunrun’s CEO Is Selling Peace of Mind With Her Rooftop Solar Panels

As climate change threatens the U.S. grid, Lynn Jurich is expanding her reach by appealing to homeowners’ desire for security.

April 7, 2021
Portfolio

Self-Driving Truck Company PLUS Upsizes Fundraising to $420 Million

Plus, a leading provider of self-driving truck technology, announced it has added $220 million in new financing

March 31, 2021
Portfolio

Aurora and Volvo Partner to Bring Autonomous Trucks to North America

Aurora reached an agreement with Volvo to jointly develop autonomous semi trucks

March 30, 2021
Portfolio

Jumio Raises $150 Million to Secure Onboarding with Image Verification AI

Jumio raises round from Great Hill Partners

March 23, 2021
Portfolio

Lookout Acquires CipherCloud

CipherCloud is a leading cloud-native security company operating in the SASE market

March 16, 2021
Portfolio

SparkCognition Receives 2020 Frost & Sullivan North America Product Leadership Award

Award recognizes the industry-leading performance, efficiency, and business impact of SparkCognition’s AI-optimized solutions

March 9, 2021
Portfolio

Aurora Acquires a Second LIDAR Company in Push to Bring Self-Driving Trucks to the Road

Aurora, the company that acquired Uber’s self-driving subsidiary, has snapped up another startup

February 26, 2021
Portfolio

Air Taxi Startup Joby to Go Public in $6.6 Billion SPAC Led by Reid Hoffman

Joby Aviation will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners

February 24, 2021
Portfolio

LinkedIn and Zynga Founders Near Deal to Buy Flying Taxi Start-Up Joby

Tech investors’ SPAC acquisition values electric aircraft developer at $5.7bn

February 11, 2021
Portfolio

Study Platform Chegg Expects to Reach 1 Million International Subscribers in 2021

Chegg reached 6.6 million subscribers in 2020 and has become the most valuable edtech company in the US

February 10, 2021
Portfolio

Joby Aviation Generates First Revenue, Takes Key Step Towards Certifying Aircraft

Joby today announced that it has begun generating revenue as part of achieving another major milestone in the Agility Prime program

February 9, 2021
Portfolio

PrecisionHawk Forms Alliance With American Tower for Tower Inspections

PrecisionHawk’s drone flight and AI analytics software to improve safety, efficiency, and economics of tower inspections

February 9, 2021
Portfolio

Aurora Strikes Deal With Toyota, Denso to Develop, Test Self-Driving Sienna Minivans

Deal with Toyota and Denso to develop and test vehicles equipped with Aurora’s technology, beginning with a fleet of Toyota Sienna minivans

February 9, 2021
Portfolio

ASU and Chegg Announce Partnership to Expand In-Demand Advanced Skills Programs

New online training program offered in collaboration between Arizona State University and Chegg’s career accelerator, Thinkful

January 26, 2021
Portfolio

May Mobility Launches Lexus-Based Shuttle

May Mobility announced that it will add the Lexus RX450h to its shuttle fleets

January 19, 2021
Portfolio

Unqork CEO Interviewed on CNBC

This tech startup helps companies build custom software without any code

December 30, 2020
Portfolio

Chegg CEO Projects Sustained Growth in 2021

The shift to remote learning sparked a surge in business for Chegg in 2020, and Dan Rosensweig does not see that easing up much in the new year

December 23, 2020
Portfolio

May Mobility Embarks on International Expansion

Starting in March, self-driving startup May Mobility plans to expand deployment of its autonomous shuttles to Japan

December 11, 2020
Portfolio

Joby Aviation Takes Over Uber’s Air Taxi Business, Elevate

Joby Aviation welcomes new $75 million investment from Uber as it acquires Uber Elevate and expands partnership

December 8, 2020
Portfolio

Uber Sells Self-Driving-Car Unit to Aurora

As part of the deal, Uber will make a $400 million investment in Aurora Innovation

December 7, 2020
Portfolio

Deep Instinct’s Series C Named as a Top AI Investment in 2020

Deep Instinct’s Series C was led by Millennium New Horizons

December 5, 2020
Portfolio

INDUS.AI launches new Autodesk BIM 360 integration

Construction teams can now easily monitor project performance, progress and safety in real-time

November 30, 2020
Portfolio

Deep Instinct Adds Board Advisors Mark Anderson and John Spiliotis

Anderson is currently CEO of Alteryx and was previously president of Palo Alto Networks

November 19, 2020
Portfolio

May Mobility and Via Announce Partnership That Will Integrate On-Demand AVC into Public Transit

May Mobility and Via will launch a first-of-its-kind autonomous vehicle platform that integrates on-demand shared rides as part of one complete service offering

November 18, 2020
Portfolio

Experian and Unqork Partner to Help Businesses Make Data-Driven Decisions Through Unique No-Code Platform

New strategic alliance combines Experian’s data and analytical insights with Unqork’s enterprise no-code platform

October 29, 2020
Portfolio

Goldman Tech Analyst Heather Bellini Joins Israeli Cybersecurity Startup Deep Instinct as CFO

Deep Instinct, backed by Nvidia and Coatue, planning an IPO in coming years

October 21, 2020
Portfolio

SparkCognition Advances the Science of Artificial Intelligence With 85 Patents

Since January 1, 2020, SparkCognition has filed 29 new patents, expanding the company’s intellectual property portfolio to 27 awarded patents and 58 pending applications.

October 12, 2020
Portfolio

Unqork Hits $2 Billion Valuation With New Fundraise

Unqork announced today it has raised a $207 million Series C Round at a valuation of $2 billion, bringing total capital raised to $365 million

October 6, 2020
Portfolio

Sunrun Stands Out in the Residential Solar Industry

Sunrun stands out among the other solar companies. Its acquisition of Vivint underscores its position as a leader

October 6, 2020
Portfolio

GrubMarket Raises $60 Million

GrubMarket provides a platform for consumers to order fresh produce

October 5, 2020
Portfolio

Jumio Acquires Beam Solutions

Jumio to acquire Beam, integrating its AML capabilities into Jumio’s KYX platform

September 29, 2020
Portfolio

Jumio Named a Representative Vendor in the Gartner Market Guide for Identity Proofing and Attribution for Third Consecutive Year

By 2022, 80% of organizations will use document-centric ID verification

September 28, 2020
Portfolio

Joby Unveils EVTOL Design Details and Certification Plans

After more than six years of secret development, Joby Aviation lifts the lid on its innovative eVTOL air taxi program

September 25, 2020
Portfolio

Alibaba’s Big Data Is Helping China’s Exporters Pivot to China

In just three months, Alibaba gathered more than 300,000 Chinese factories to tap local demand

September 24, 2020
Portfolio

SparkCognition Strengthens Advisory Board

SparkCognition adds Jim Moffatt and Ron Sugar to advisory board

September 8, 2020
Portfolio

Unqork Launches Virtual Government Services Application

Solution launches while COVID-19 acts as a catalyst for change in the way government delivers critical services to residents and businesses

September 8, 2020
Portfolio

Chef Acquired by Progress Software

Progress, the leading provider of application development and digital experience technologies, announced that it has entered into a definitive agreement to acquire Chef

September 8, 2020
Portfolio

May Mobility Prepares To Get Automated Ride Service Back On The Road In Grand Rapids

May Mobility plans to relaunch its autonomous mobility service in Grand Rapids at the end of August

August 24, 2020
Portfolio

Netsurion Adds Deep Learning-Based Endpoint Threat Prevention with Deep Instinct Partnership

Netsurion, a leading managed security service provider, partners with Deep Instinct to strengthen its endpoing protection capabilities

August 18, 2020
Portfolio

PrecisionHawk Awarded Patents for Unmanned Air Traffic Management

PrecisionHawk Awarded Patents for Unmanned Air Traffic Management

August 12, 2020
Portfolio

Deep Instinct Contracts T-Systems Poland, Furthering Strategic Expansion into EMEA

Deep Instinct continues its expansion into EMEA, contracting T-Systems to distribute Deep Instinct protection

August 6, 2020
Portfolio

BigCommerce Surges 292% in IPO Debut

BigCommerce (NASDAQ: BIGC) closed its first day of trading at $72, 292% above its IPO price of $24

August 5, 2020
Portfolio

SparkCognition Deploys AI-Based Predictive Analytics on BP Facilities

SparkCognition, the world’s leading industrial artificial intelligence (AI) company, is pleased to announce the expansion of their relationship with BP

August 3, 2020
Portfolio

Sunrun and SK E&S Form Joint Venture for Electrification of the Home

Sunrun and SK E&S have co-invested in a new venture with plans to electrify the home

July 29, 2020
Portfolio

Aurora Jumps Into Robo-Delivery Race With Self-Driving Truck And Van Tests In Texas

Aurora is expanding tests of its delivery vans and class-8 trucks in Texas. Aurora’s first commercial use case will be in trucking

July 20, 2020
Portfolio

Sunrun to Acquire Vivint Solar Creating $9 Billion Clean Energy Leader

Sunrun will acquire Vivint in an all-stock transaction, representing a combined Enterprise Value of $9.2 billion

July 6, 2020
Portfolio

BetterCloud Raises $75 Million Series F Financing

BetterCloud announced its $75 million Series F financing led by Warburg Pincus

May 20, 2020
Portfolio

Deep Instinct Vies With McAfee and CrowdStrike for $17 Billion Market

Deep Instinct, growing 400% in 2019, is outpacing competitors in the $17B cybersecurity market

May 18, 2020
Portfolio

Ziva Dynamics Raises $7 Million Seed Round

Ziva Dynamics raises $7 million seed round to bring lifelike characters to major game titles

May 12, 2020
Portfolio

Phantom AI Raises $22 Million in Series A Funding to Democratize Advanced Driver Assistance Systems

Phantom AI raised $22 million. The company will expand availability of its modular, software-based ADAS platform

April 2, 2020
Portfolio

Deep Instinct, The Deep Learning Cybersecurity Innovator, Raises $43 Million in Series C Round

Deep Instinct raised a $43 million Series C led by Millennium New Horizons

February 12, 2020
Portfolio

PrecisionHawk Welcomes New CEO

James Norrod has been named the new CEO of PrecisionHawk

January 23, 2020
Portfolio

PrecisionHawk Raises $32 Million to Advance Next Phase of Growth in Commercial Drones

PrecisionHawk raised $32 million to fuel continued innovation on the company’s PrecisionAnalytics machine learning tool.

December 11, 2019
Portfolio

May Mobility Raises $50 Million in Series B Round

May Mobility raised $50 million led by Toyota Motor Corp for continued expansion of its autonomous shuttles

December 9, 2019
Portfolio

eharmony Acquired by Germany’s ProSieben

This will be ProSieben’s first significant deal since it carved out a new e-commerce joint venture with General Atlantic

October 29, 2019
Portfolio

Acronis Raises $147 Million From Goldman Sachs

Acronis closed a $147 million investment round led by Goldman Sachs, valuing the company over one billion dollars

September 18, 2019
Portfolio

INDUS.AI Raises $8 Million Series A to Bring Artificial Intelligence to Construction

INDUS.AI raised $8 million in a Series A financing led by Millennium New Horizons

September 18, 2019
Portfolio

Aurora Innovation, May Mobility Named on Forbes’ Top 50 Most Promising AI Firms

In a list of top companies using AI/ML assembled by Forbes, two Millennium portfolio companies, Aurora Innovation (#2) and May Mobility (#45), are highlighted.

September 17, 2019
Portfolio

Acceptto Selected as a 2019 SINET Innovator

Acceptto was selected as a winner in SINET’s annual innovation competition

September 12, 2019
Portfolio

Blackmore to be Acquired by Aurora

Blackmore will be acquired by Aurora, boosting Aurora’s Driver perception stack

April 23, 2019
Portfolio

Millennium Coleads Series A Financing in May Mobility

May Mobility raised a $22 million Series A co-lead by Millennium New Horizons and Cyrus Capital Group

February 12, 2019
Portfolio

Janrain Acquired by Akamai

Janrain enables enterprises to enhance digital trust by offloading login and registration workloads

January 7, 2019
Portfolio

Art.com Acquired by Walmart

The acquisition is meant to boost Walmart’s home decor business and expand its online offering

December 6, 2018
Portfolio

Deep Instinct Raised $18 Million in New Funding

Founded by Eli David, Guy Caspi, and Nadav Maman in 2015, Deep Impact has now raised a total of $55 million

November 19, 2018
Portfolio

PrecisionHawk Partners With DJI for Geofencing

The move will refine airspace limitations for drone flights near airports to provide better protection to airplanes in sensitive areas

October 24, 2018
Portfolio

Blackmore Unveils First Doppler Lidar

Autonomous vehicles can now perceive the world around them with the very high confidence and low latencies required for safe navigation

September 5, 2018
Portfolio

SugarCRM Receives Majority Investment From Accel-KKR

Accel-KKR has committed substantial investment dollars to drive product innovation, services, expanded capabilities and a strategic acquisition program

August 15, 2018
Portfolio

Cloudreach Acquires Relus Cloud

The combined entity will form an unprecedented combination of deep cloud-native expertise and delivery at scale

August 14, 2018
Portfolio

LegalZoom Announces $500 Million Secondary Investment

Addition of new growth equity investors as LegalZoom accelerates growth

July 31, 2018
Portfolio

Aaptiv Raises $22 Million Series C Financing

Strategic investors include the Amazon Alexa Fund, Disney, Warner Music Group, and NWS Holdings

July 21, 2018
Portfolio

Grubmarket Raises $32 Million of Growth Capital

The company is announcing a $32 million round to grow its already-profitable business, including making acquisitions and expanding on its own steam as it eyes up a public listing

July 10, 2018
Portfolio

T-Systems and Cloudreach Form Partnership to Accelerate Public Cloud Adoption

The combination of these critical capabilities will deliver incremental value to T-Systems customers

July 10, 2018
Portfolio

Chegg Acquires StudyBlue

Chegg enhances content and flash card tools offering with acquisition of StudyBlue

July 2, 2018
Portfolio

BigCommerce Raises $60 Million Growth Equity Round

Funding to accelerate product roadmap, growth initiatives, international expansion

April 25, 2018
Portfolio

BetterCloud Raises $60 Million Funding Round

Additional financing sets stage for accelerated growth of SaaS Operations Management Platform

April 16, 2018
Portfolio

WisdomTree Completes Acquisition of ETF Securities’ European Exchange-Traded Commodity Unit

The acquisition elevates WisdomTree to the 9th largest ETP sponsor globally 

April 12, 2018
Portfolio

Spotify Makes Record-Setting Direct Listing, Closing With a $26.4 Billion Market Cap

The stock ended the session up 12.9% on their first day of trading, valuing the world’s largest streaming music service at $26.5 billion

April 3, 2018
Portfolio

Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round

Led by BMW i Ventures with additional investment from Toyota AI Ventures, Millennium Technology Value Partners and Next Frontier Capital

March 20, 2018
Portfolio

HootSuite Raises $50 Million in Growth Capital

Funds to accelerate global growth and innovation of the world’s largest social media management solution

March 15, 2018
Portfolio

onX Closes $20.3 Million Growth Equity Investment

This event marks the largest growth equity investment in a mobile and consumer-focused business in Montana’s history

February 15, 2018
Portfolio

Alfresco Acquired by Thomas H. Lee

The Company’s innovative software powers the work of over 11 million people at industry-leading organizations in 195 countries worldwide

February 8, 2018
Portfolio

PrecisionHawk Appoints Blackboard Co-Founder and Former CEO Michael Chasen New CEO

Chasen brings more than 20 years of software experience to accelerate PrecisionHawk’s rapid growth in the commercial drone market

January 25, 2018
Portfolio

PrecisionHawk Secures $75 Million to Foster Global Adoption of Commercial Drone Technology

This investment brings PrecisionHawk’s total funding to more than $100 million since being founded in 2010

January 24, 2018
Portfolio

ETF Securities to Sell Canvas Platform to Legal & General

LGIM to develop broad range of strategies for European ETF market

November 15, 2017
Portfolio

ETF Securities to Sell European Exchange-Traded Commodity, Currency and Short-and-Leveraged Business to WisdomTree

Acquisition of largest European commodities platform adds profitability and scale 

November 13, 2017
Portfolio

Cloudreach Acquires Cloudamize and Emerging Technology Advisors

New partner network will help customers migrate to the cloud

August 10, 2017
Portfolio

Chegg Prices Follow-On Offering at $13.50 Per Share

Chegg expects to use the net proceeds from the offering for working capital and other general corporate purposes

August 2, 2017