Andy Miller, co-founder and former CEO of Quattro Wireless—and, more recently, Apple, where he led mobile advertising and reported to Steve Jobs, is leaving the company to join venture capital firm Highland Capital Partners. As Highland was a backer of Quattro—which was ultimately acquired by Apple—the move isn’t completely shocking. Miller will join Highland in the company’s Menlo Park office.
Andy Miller, Apple Executive and Co-founder & CEO of Quattro Wireless, Joins Highland Capital Partners
Focused on Helping to Build the Next Generation of Game Changing Mobile & Technology Companies
MENLO PARK, Calif., Aug. 17, 2011 — Highland Capital Partners, a leading venture capital firm with a more than twenty year history of helping great people build great companies, today announced that Andy Miller has joined the firm as a General Partner. Based in Highland’s Menlo Park office, Miller will work to partner with the most promising mobile and technology companies in the Valley.
“We remain focused on partnering with leading entrepreneurs with the ambition to build breakthrough companies and market leaders,” said Peter Bell, General Partner with Highland. “Andy is a visionary entrepreneur and an outstanding leader with a proven track record of building game-changing businesses. He’ll be a terrific addition to the Highland team as we continue to expand our presence in California.”
Miller joins Highland from Apple Inc., where he reported directly to Steve Jobs and was Vice President, Mobile Advertising. At Apple, he headed up the iAd team, the mobile advertising network for the iPhone, iPod Touch and iPad line of mobile devices. Previously, Miller was the Co-Founder and CEO of Quattro Wireless, the mobile advertising company that was seeded byHighland and ultimately acquired by Apple in 2009. Prior to that, Miller had responsibility for business development, sales and strategy for what became North America’s dominant mobile aggregator, m-Qube, which was acquired by VeriSign for $250 million in 2006. Miller has also held the position of CEO of WatchPoint Media, an MIT Media Lab interactive TV spin-off, that was sold to Goldpocket/Tandberg Television in 2003.
“From the early days at Quattro through our acquisition by Apple, I experienced firsthand Highland’s ability to deliver outstanding value-add and to be a trusted advisor and partner throughout all stages of our growth,” said Miller. “I am excited to join the team and for the opportunity to work with exceptional entrepreneurs building the next generation of innovative, market leading companies.”
“We’ve had the opportunity to work very closely with Andy for years, since the early days of Quattro Wireless and then beyond,” added Bob Davis, General Partner with Highland. “Andy understands the entrepreneurial journey and has an incredible network of entrepreneurs and CEO’s in the digital media and mobile sectors. He will be an exceptional addition to Highland.”
About Highland Capital Partners
Highland Capital Partners was founded with the mission of helping great people build great companies. Since its inception in 1988, the firm has taken a sector-focused approach to investing in exceptional communications, consumer, digital media, healthcare and information technology companies. With over $3 billion of committed capital and offices in Menlo Park, Boston,Geneva and Shanghai, Highland has invested in and worked to create such firms as Ask Jeeves, Avid Technology, CheckFree, Conor Medsystems, Coremetrics, lululemon athletica, Lycos, MapQuest, Navic Networks, Ocular Networks, P.A. Semi, Quattro Wireless, Qihoo 360, Quigo, Starent Networks, Sybase, Telica, Vertica and VistaPrint. For more information, visit Highland’s web site at www.hcp.com.