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Medio.com

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Enables businesses to acquire, retain, and monetize their mobile customers

Seattle, United StatesFounded 2004AI
Valuation $100–250M Last recorded · 2006
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Medio.com and the history behind them.

About Medio.com

Medio Systems was a business-to-business mobile analytics provider founded in Seattle in 2004 by Brian Lent, Bill Bryant, David Bluhm, and Michael Libes. Initially conceived to be a dominant player in mobile search, the company secured significant early-stage venture capital, raising over $40 million from investors including Accel Partners, Mohr Davidow Ventures, and Frazier Technology Ventures.

The company's trajectory shifted following the entrance of Google into the mobile search market. Under the leadership of Rob Lilleness, who became CEO in 2009, Medio pivoted its strategy to focus on the burgeoning field of predictive analytics for mobile enterprises. This strategic change leveraged its core recommendation engine technology to interpret large volumes of data. The firm's cloud-based platform, built on Apache Hadoop, processed real-time session data, enabling clients to analyze customer behavior, enhance user engagement, and identify revenue opportunities. Medio's services catered to a diverse client base that included major players in gaming, entertainment, and telecommunications, such as Rovio, Verizon, and T-Mobile.

Founder Brian Lent brought deep expertise in data mining and machine learning, having co-founded the 'Mining Data at Stanford' (MiDAS) lab with Sergey Brin and previously led the creation of Amazon's first data mining group. Co-founder Michael Libes was a serial entrepreneur with experience in multiple software startups. This foundation in data science was central to Medio's value proposition. By 2010, the refocused company achieved profitability. In June 2014, Nokia announced its acquisition of Medio to integrate its predictive analytics engine into the 'Here' mapping and location platform. The acquisition, completed in July 2014, aimed to create personalized, contextual maps and location services by anticipating user intent. Medio's team of approximately 60 employees was integrated into HERE to enhance its location intelligence capabilities.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2004
Headquarters
Seattle, United States
Employees
23
Open positions
None listed
Dealroom signal
73.7/100
Industry
Enterprise Software
Sector
AI, Cloud Data Services, Analytics, Retail, Hard Tech, DT and LS
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2014 $0 — HERE Technologies —
SECONDARY✓Other financing Nov 2011 $600K — Akkadian Ventures —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Medio.com website traffic

Latest recorded traffic for Medio.com is 870 monthly website visits, up 85.1% over the last three months. Medio.com's team grew 0% over the past year.

Latest monthly visits870 3-month web change+85.1% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Accel
  • Mohr Davidow Ventures
  • Trilogy Equity Partners

Series B and later1 investor entered at this stage

  • Akkadian Ventures

Other known investors2 additional known investors

  • HERE Technologies
  • Technology Pioneers | World Economic Forum
Team profiled 42 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States66.7%
🇧🇪 Belgium33.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Medio.com on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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