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Millennium Promotes Dan Borok to Partner

Millennium Technology Value Partners, a pioneer and leader in secondary liquidity and growth capital solutions, today announced that Dan Borok has been promoted to Partner from Principal.

Dan has been with Millennium since 2005 and has led the firm's investments in Tremor Video, MarkLogic, SugarCRM, Yodle, Watchdox and Janrain (where he serves on the Board of Directors). Dan has also been active in managing Millennium's investments in Beachmint, DataPipe, eHarmony, Facebook and LiveOps.

“Dan Borok has been a key part of the Millennium team for the last eight years,” said Sam Schwerin, Managing Partner of Millennium. “He has a strong ability to identify outstanding companies early and to work hand-in-hand with them as they scale. We are looking forward to even greater contributions from Dan as a Partner with Millennium's growing franchise.”

Managing Partner Dan Burstein added, “We are particularly pleased to be able to promote professionals from within the firm who have been trained in our unique style and approach to ‘reinventing venture capital.’ Dan Borok’s promotion marks the third Millennium promotion in the last year. Our strong team cohesion is reflected in our results, including record deployment of capital as well as record distributions to our investors over the last two years.”

Prior to joining Millennium, Dan was one of Google's early employees in its New York City office. He also held positions in the media division at DoubleClick and in the digital advertising group at J. Walter Thompson in New York. Dan received a Master of Business Administration from Columbia Business School with Dean's List honors.

About Millennium Technology Value Partners

Over the last decade, Millennium has been a pioneer, innovator, and leader in developing institutional-quality alternative liquidity programs for companies and shareholders in the venture capital ecosystem, partnering with the world’s leading technology companies to design investment structures that foster long-term growth. In addition to its leadership in secondary investing, Millennium actively plays the role of “Lifecycle Capital Partner,” providing a flexible mix of primary growth capital, venture debt, acquisition financing, and other creative capital solutions that help to drive growth throughout a company’s entire lifecycle.

The firm has made more than 300 investments in leading technology companies that include Facebook (FB), Twitter, Zappos (AMZN), Chegg, Lookout, Tellme (MSFT), RigNet (RNET), Good Technology, HauteLook (JWN), Tumblr, ETF Securities, Tremor, LegalZoom, Wayport (T), NetSpend (NTSP), GreenDot (GDOT), iPass (IPAS), HootSuite, ID Analytics (LOCK), ArcSight (HPQ), PlaySpan (V), Alibaba.com, Janrain, and many others. The firm's portfolio companies have achieved 14 IPO and M&A events over the last three years.

Based in New York City, Millennium is led by its founding partners Sam Schwerin and Dan Burstein. For more information, visit: www.MTVLP.com.

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