What Does Millennial Media Do?

Total employees60
HeadquartersBaltimore
Founded2006

Millennial Media was a leading independent mobile advertising platform company founded in 2006. It specialized in providing mobile-focused advertising solutions, data analytics, and monetization tools for developers and publishers. The company went public in 2012 and was a significant player in the early mobile ad ecosystem before being acquired by AOL in 2015. Its technology and assets were subsequently integrated into Verizon Media (formerly Oath, now Yahoo), and parts were later sold to Digital Turbine in 2021.

Where Is Millennial Media's Headquarters?

HQ Function

Served as the central hub for operations, product development, engineering, sales, and corporate functions for its global mobile advertising business.

Notable Features:

Located in The Can Company, a historic complex of factory buildings in Baltimore's Canton neighborhood, repurposed into office and retail space. Known for its vibrant, open-plan office design reflecting its tech-company culture.

Work Culture:

Characterized by a fast-paced, innovative, and collaborative environment typical of a tech startup, even after its IPO. The culture emphasized mobile-first technology and creative advertising solutions.

HQ Significance:

The headquarters symbolized Millennial Media's roots in Baltimore's burgeoning tech scene and its status as a leading independent mobile ad network prior to its acquisition. It was a testament to the company's growth from a startup to a publicly traded entity.

Values Reflected in HQ: Innovation, ambition, growth, and a connection to the local Baltimore community through its choice of a redeveloped historic site for its primary operations.

Location:

Historically, Millennial Media established a significant global presence with key offices in North America (e.g., New York, San Francisco, Chicago), Europe (e.g., London, Hamburg, Paris), and Asia-Pacific (e.g., Singapore, Tokyo, Sydney). These international hubs supported global sales, ad operations, publisher relations, and market-specific strategies, enabling the company to serve a worldwide client base in the mobile advertising ecosystem before its acquisition.

Street Address:

2400 Boston St

City:

Baltimore

State/Province:

MD

Country:

USA

Where Else Does Millennial Media Operate Around the World?

New York, NY/USA

Address: 75 Varick Street, New York, NY 10013, USA (Historical)

To drive revenue, manage key client relationships, and expand Millennial Media's market share in the Eastern United States advertising sector by providing direct access and support to major industry players.

Buying Intent Signals for Millennial Media

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Millennial Media? Meet the Executive Team

As of April 2025, Millennial Media' leadership includes:

Paul Palmieri - Co-founder, Chairman & CEO (2006 - 2014)
Michael Avon - President & CEO (2014 - 2015, at time of AOL acquisition)
Chris Brandenburg - Co-founder & Chief Technology Officer
Stephen Root - Chief Financial Officer
Mollie Spilman - Executive Vice President, Global Sales and Operations

Who's Investing in Millennial Media?

Millennial Media has been backed by several prominent investors over the years, including:

Bessemer Venture Partners
Charles River Ventures
Columbia Capital
New Enterprise Associates (NEA)

What Leadership Changes Has Millennial Media Seen Recently?

Hire0
Exits0

Millennial Media was acquired by AOL in 2015 and its operations were integrated. Subsequently, its assets became part of Verizon Media (now Yahoo), with some parts later sold to Digital Turbine. As Millennial Media has not operated as an independent entity for many years, there are no executive hires or exits attributable to 'Millennial Media' as an independent company in the last 12 months.

What Technology (Tech Stack) Is Used byMillennial Media?

Discover the tools Millennial Media uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Millennial Media Email Formats and Examples

Prior to its acquisition in 2015, Millennial Media likely used standard corporate email formats common at the time. These email addresses are no longer active as the company was integrated into AOL/Verizon, and the millennialmedia.com domain is not actively used for company email communication.

[first].[last]@millennialmedia.com or [f][last]@millennialmedia.com (Probable historical formats)

Format

jane.doe@millennialmedia.com

Example

0%

Success rate

What's the Latest News About Millennial Media?

TechCrunchSeptember 3, 2015

AOL Acquires Millennial Media For $238M To Expand Mobile Ad Business

AOL announced its acquisition of Millennial Media, a leading independent mobile advertising platform, for $1.75 per share, valuing the company at approximately $238 million. The deal aimed to bolster AOL's mobile advertising capabilities, technology, and scale its global mobile offerings....more

ReutersMarch 28, 2012

Millennial Media IPO Soars in Market Debut

Shares of mobile advertising company Millennial Media nearly doubled in their market debut on the New York Stock Exchange (NYSE:MM). The company priced its initial public offering at $13 per share, above the expected range, and shares opened at $25, signaling strong investor confidence in the rapidly growing mobile advertising sector....more

AdExchangerMay 7, 2014

Paul Palmieri Steps Down As Millennial Media CEO; Michael Avon Takes Over

Millennial Media announced that co-founder Paul Palmieri stepped down as CEO and President, and would continue as Chairman of the Board. Michael Avon, previously EVP and COO, was appointed as President and CEO. This leadership transition occurred as the company continued to navigate the competitive mobile advertising landscape....more

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