Fact Sheet

Company Profile
Millennial Media is the proven leader in mobile advertising. With the largest mobile media audience in the U.S., Millennial Media uniquely offers brand advertisers the only set of specific, scalable audiences. Our ability to reach, target and engage consumers is unparalleled. As an innovative technology leader, our mobile decisioning, serving, and mediation platforms are powering some of the largest companies in the media business today.  The company is committed to growing the mobile advertising marketplace by becoming the preferred partner to all advertisers seeking to reach mobile consumers, all publishers seeking to maximize ad revenue, and all mobile operators seeking to further monetize their networks. Millennial Media isn’t testing mobile, Millennial Media is Mobile. Delivered.

Founded
2006 by Paul Palmieri (President and CEO) and Chris Brandenburg (EVP and Chief Technology Officer)

Ownership
Millennial Media is a privately-held corporation.  Millennial Media announced a $16M C Round of financing in November 2009, bringing our total funding to ~$38M to date.

Offices

(HQ) Baltimore, MD; New York, Los Angeles, London, San Francisco, Chicago and Atlanta

Employees

More than 82 employees as of July 2010

Executive Team

Millennial Media is the disruptive force behind the rapid growth of mobile advertising.  Our team comes from the leading online ad network, top mobile carriers, large brands and mobile technology companies. We have the deepest combined mobile, media and advertising experience of any mobile ad network.

• Paul Palmieri, President & CEO
• Stephen Root, COO
• Chris Brandenburg, Executive Vice President & CTO
• Michael Avon, Executive Vice President & CFO
• Erin (Mack) McKelvey, Senior Vice President, Marketing
• Marcus Startzel, Senior Vice President, Sales
• Carl Wartzack, Senior Vice President, Networks
• Jeff Tennery, Senior Vice President, Publisher Services

Board of Directors

• Paul Palmieri, President and CEO, Millennial Media
• Wenda Harris Millard, President, Media Link, LLC
• Patrick Kerins, General Partner, NEA
• Bob Goodman, Partner, Bessemer Venture Partners
• George Zachary, General Partner, Charles River Ventures
• Jay Markley, Partner, Columbia Capital
• Alan MacIntosh, Managing Partner, Acta Wireless

Awards and Honors

2010

• 1/10: Winner-AlwaysOn OnMedia Top 100 Best Private Companies in Digital Media
• 6/10: Paul Palmieri was named the Ernst & Young Tech Entrepreneur of the Year, MD
• 6/10: Winner- Stevie for the Most Innovative Company of the Year
• 6/10: Winner- Hot Company Lead411
• 7/10: Named one of the  AlwaysOn East Top 100 Companies
• 7/10: Named one of the AlwaysOn Global 250 Companies

2009

• 5/09: Winner–Stevie for the Marketing Campaign of the Year (Paramount Pictures; MEC)
• 09/09: Winner–Mobi Award for Best in Show (Fanta Campaign-Coca Cola; MediaVest)
• 09/09: Winner–Mobi Award for Best Mobile Creative (Fanta Campaign-Coca Cola)
• 12/09: Erin (Mack) McKelvey named to the 50 Mobile Women to Watch in 2010

2008

• 01/08:  Named to the AlwaysOn OnMedia 100
• 05/08: Finalist- Red Herring Global 2008 Finalist
• 05/08: Winner–NBIA: National Incubator Company of the Year
• 06/08: Winner–Maryland Incubator Company of the Year: Best IT Company

2007

• 03/07: Named one of the IDC Top 10 Wireless Companies to Watch
• 04/07: Named one of the Fierce Wireless Top 15 Wireless Companies
• 05/07: Named to the Red Herring 100 Spring
• 07/07: Winner–Maryland Incubator Company of the Year: Best New Company

Investors

• Bessemer Venture Partners
• Charles River Ventures
• NEA
• acta

Advisory Board

• Lee Fenton, Chief Operating Officer, Gamesys Ltd. Based in London
• Jan Lezny, Vice President of Business Development, Qualcomm Inc.
• Kevin Haley, Vice President of Research and Development, TidalTV
• Isaac Babbs, Mobile Industry and Digital Media Consultant and Advisor
• Mark McDowell, Co-founder and Managing Partner, Acta Wireless

Follow us on Twitter @millennialmedia or on our Facebook page.

For Media/Press & Analyst Inquiries, please contact:
Paul Loeffler
SutherlandGold
510.593.6765
millennial@sutherlandgold.com