New Millennium Partners has a bimodal investment approach that focuses primarily on first round seed companies and then also in mezzanine (last round before IPO) opportunities. We work with entrepreneurs to turn their ideas, experience and networks into successful companies. Having experience in both seed and also later stage/public companies provides us with the capital reserves and network of partners to assist companies in all stages of their growth.
The partners at New Millennium Partners, working together with entrepreneurs and investors, have successfully grown over 50 internet/technology companies for more than a decade. Our investments are diversified across these various sectors:
Telecommunications: Callwave
Technology Infrastructure: Kana(KANA),Spinner(AOL),Fourll (YHOO), WildTangent
Business-To-Business: Looksmart(LOOK), Classifieds2000 (XCIT), CafePress
Business-To-Consumer: Outpost(COOL), BabyCenter, NetCentives(NCNT)
As well as other high technology startups across various sectors.
In the companies where we are the lead investors, we are very operationally involved in all facets of the business. In the companies where we are partnering with other investors, we are involved in financing, business development, business models/strategy, and building management teams and metrics. Due to our depth of experience and venture partners, we can often tap our network to help grow companies and resolve questions in a very timely manner. We have a good depth of knowledge about keys to success in numerous business models and how those results will be measured in the market.
The two lead partners at New Millennium Partners have collectively over 20 years of venture capital experience. Also, the two partners have an additional 15 years of operational management experience in high tech new lines of business across a range of Fortune 500/MidCap/SmallCap public companies. They have also managed Internet incubators and online startups.
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