AccelerateBaltimore, a Baltimore, MD based startup accelerator program that awarded $25k in convertible debt notes to a small group of startups recently, showcased program graduates on July 25th. I had planned on making it out to the event but despite my scheduling jujitsu capabilities making it to the event was just not in the cards. [...]
Earlier today, Baltimore’s Millennial Media, Inc. began trading on the New York Stock Exchange under the symbol “MM”. More details about the offering can be found in the company’s SEC Filing. Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Barclays Capital Inc. are the joint bookrunners for the offering. Allen & Company LLC [...]
Millennial Media, Inc., Baltimore, MD, has just announced that it has filed with the U.S. Securities and Exchange Commission (“SEC”) for a proposed initial public offering. The target offering is $75 Million. Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Barclays Capital Inc. will serve as joint bookrunners for the proposed offering. Allen [...]
Millennial Media, a well funded advertising company founded by alumni from Advertising.com, announced the acquisition of Arlington, VA based mobile analytics startup Condaptive. Condaptive had around 7 employees at the time of the acquisition. The terms of the deal were not discussed, however, the acquisition appears to have been a talent acquisition. The last time [...]
According to the Baltimore Business Journal’s Scott Dance, Millennial Media expects to add 60 jobs this in the coming months. He speculates that they may be gearing up for an IPO or other exit. Read what else he had to say here.
The Washington area startup deal flow is really hot right. More than $334 million in funding deals and exits have happened recently, and that is just the stuff we have heard about. This should serve as motivation for all of the startup founders out there. Optoro Raises $1.85 Million Series A – more. SnagFlims Raises [...]
The Social Matchbox event series is Celebrating its Four-Year Anniversary! We are kicking off the 2011 Social Matchbox event series with a panel of startup founders sharing insights about their successful exits, open bar, and light food fare in Georgetown at 3000 K Street in a venue with a view of the Washington, DC skyline [...]