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Version: November 4, 2014
Total: 51 
14 established companies 
28 ICT start-ups (2 gaming companies, 2 other start-ups) 
5 other companies / organizations 
4 U.S. companies founded by Finns having operations in Finland 
U.S. start-ups founded by Finns: 12 
Exits of Finnish companies in SF Bay Area: 20+ 
VC investments from SV VCs in Finnish companies: 10+ 
Note: Only 12 Finnish companies had presence in SF Bay Area in the end 
of 2010
Biotie Therapies (http://www.biotie.com/) 
Bitbar (http://www.bitbar.com/) 
BLSTream (www.blstream.com) 
Conformiq (www.conformiq.com) 
Digia (www.digia.com) 
F-Secure (www.f-secure.com) 
Idean (www.idean.com) 
Ixonos (www.ixonos.com) 
JOT Automation (www.jotautomation.com) 
Nokia (www.nokia.com) 
Rapal (www.rapal.fi) 
SSH Communications (www.ssh.com) 
Symbio (www.symbio.com) 
Tieto (www.tieto.com)
Ambronite (www.ambronite.com) 
AndersInno (www.andersinno.com) 
AppGyver (www.appgyver.com) 
AudioDraft (www.audiodraft.com) 
BaseN (www.basen.com) 
Beddit (www.beddit.com) 
BiiSafe (www.biisafe.com) 
Codenomicon (www.codenomicon.com) 
Cresense (www.cresense.com) 
Ekahau (www.ekahau.com) 
Haltian (www.haltian.com) 
IndoorAtlas (www.indooratlas.com) 
Joberate (www.joberate.com) 
Modulight (www.modulight.com) 
Movial (www.movial.com) 
MultiTouch (www.multitaction.com) 
Optofidelity (www.optofidelity.com) 
Rightware (www.rightware.com) 
Senso Solutions 
(www.sensosolutions.com) 
Shark Punch (www.sharkpunch.com) 
SuperCell (www.supercell.com) 
Surveypal (www.surveypay.com) 
Thinglink (www.thinglink.com) 
Transfluent (www.transfluent.com) 
Tuxera (www.tuxera.com) 
Vaadin (www.vaadin.com) 
VividWorks (www.vividworks.com) 
Zonesco. (www.zonesco.io)
Finpro (www.finpro.com) 
Internalization consultancy for Finnish companies 
Nexit Ventures (www.nexit.com) 
Finnish-American VC fund 
Tekes (www.tekes.com/en) 
The Finnish Funding Agency for Innovation 
Vendep (www.vendep.com) 
Start-up accelerator and seed investor 
VTT (www.vtt.fi) 
Multitechnological applied research organization
Airstone Labs (www.airstonelabs.com) 
Supercomputing as a service 
AlphaSense (www.alpha-sense.com/) - 
also operations in Finland 
Search engine for financial 
professionals 
Appington (www.appington.com) 
Adding voice to mobile apps 
Beatroot (www.beatroot.co), was 
Hacklog (at Matter.VC) 
Analytics for journalists 
BetterDoctor (www.betterdoctor.com) - 
also operations in Finland 
Find the right doctor in minutes 
Crowd Valley Inc. 
(www.crowdvalley.com/) 
Linko (www.linko.io) - also operations in 
Finland 
Lost in Translations 
(www.lostintranslations.com) - also 
operations in Finland 
Pilot Network services (www.pilot.net) - 
listed in NASDAQ 
Skydom (www.skydom.io) 
Build rich data services in the cloud 
Trulia (www.trulia.com) - listed in 
NASDAQ – being acquired by Zillow 
Real-estate search tool 
Vuact (www.vuact.com) 
A smarter way to watch and share 
video.
Animoi – acquired by Macromedia in 2004 
Applifier / EveryPlay – acquired by Unity in 
2014 
Bitboys – acquired by ATI / AMD in 2007 
Bitdeli – acquired by AdRoll in 2013 
Continuent – acquired by Vmware in 2014 
Ditto – acquired by Groupon in 2012 
drawElements – acquired by Google in 2014 
Flowdock – acquired by Rally Software in 
2013 
Hantro – acquired by Google in 2010 through 
Hantro’s acquisition by On2 Technologies in 
2007 
Hybrid Graphics – acquired by Nvidia in 2006 
Innobase – acquired by Oracle in 2005 
Jaiku – acquired by Google in 2007 
Kippt – acquired by Coinbase in 2014 
Mr. Goodliving – acquired by Real Networks 
in 2005 
MySQL (Swedish company with Finnish co-founder 
and Finnish CEO) – acquired by Sun 
(now part of Oracle) for $1 billion in 2008 
Protogeo / Moves – acquired by Facebook in 
2014 
Pryte – acquired by Facebook in 2014 
RedLynx – acquired by Ubisoft in 2011 
Smartner – acquired by Seven Networks in 
2005 
Solid Information Technology – acquired by 
IBM in 2007 
Stonesoft – acquired by McAfee (part of Intel) 
in 2013 
Sumea – acquired by Digital Chocolate in 
2004
AppGyver from Initial Capital in 2014 
AudioDraft from 500 Startups in 2013 
BetterDoctor from NEA (New Enterprise Associates) in 2014 
Continuent from Trident Capital in 2005 
G-cluster from Intel Capital (Asia) 
MySQL (Swedish company with Finnish co-founder and Finnish CEO) from 
Benchmark Capital in 2003 
Next Games from IDG Ventures and Lowercase Capital in 2014 
Ovelin from True Ventures in 2012 
Rovio Entertainment from Accel Partners & Felicis Ventures in 2011 
SuperCell from Accel Partners & Initial Capital in 2011 and from Index 
Ventures and Institutional Venture Partners in 2013
Alcom 
Basware (now on East Coast) 
Capslock 
Common Tribes 
Cybelius Software 
Design Power 
Documill 
FogScreen 
Futuremark (acquired by UL in 2014) 
Gearshift Group 
Hantro 
Helmi 
Inreality 
Innopinion 
LinkoTec 
Luxus (www.luxus.fi) 
US HQ now in Texas 
MadOnion (now Futuremark) 
Mobile Backstage 
Closed, part of IP in Common Tribes 
Modera Point 
Play My Song 
QPR Software 
Sonera (+ SoneraZed & SmartTrust) 
Star-Arcade 
Stonesoft 
Sumo 
Tekla 
Terapixel 
TinkerCAD 
Closed, founders started Airstone Labs 
Vaisala 
VDSL Systems
Nonstop Games – founded by Finns in 
Singapore, have office in SF 
Heptagon – started as Finnish company but no 
ties to Finland anymore
Denmark: ScaleIT – www.scaleit.us 
Enterprise Estonia – www.eas.ee 
German Silicon Valley Accelerator – 
www.germanaccelerator.com 
Innovation Norway / Innovation House - 
innovationhousesf.wordpress.com 
Business Sweden – www.business-sweden.se/en/ 
Switzerland: Swissnex – www.swissnexsanfrancisco.org 
Silicon Vikings – www.siliconvikings.com 
Not officially a country organization 
Nordic Innovation House – www.nordicinnovationhouse.com
Company Web sites 
Direct communication with companies 
Silicon Valley Journey, Tekes 
(http://www.tekes.fi/Julkaisut/silicon_valley_jo 
urney.pdf) 
Updates and corrections can be sent to Hartti 
Suomela

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Finnish companies in sf ver 0.8

  • 2. Total: 51 14 established companies 28 ICT start-ups (2 gaming companies, 2 other start-ups) 5 other companies / organizations 4 U.S. companies founded by Finns having operations in Finland U.S. start-ups founded by Finns: 12 Exits of Finnish companies in SF Bay Area: 20+ VC investments from SV VCs in Finnish companies: 10+ Note: Only 12 Finnish companies had presence in SF Bay Area in the end of 2010
  • 3. Biotie Therapies (http://www.biotie.com/) Bitbar (http://www.bitbar.com/) BLSTream (www.blstream.com) Conformiq (www.conformiq.com) Digia (www.digia.com) F-Secure (www.f-secure.com) Idean (www.idean.com) Ixonos (www.ixonos.com) JOT Automation (www.jotautomation.com) Nokia (www.nokia.com) Rapal (www.rapal.fi) SSH Communications (www.ssh.com) Symbio (www.symbio.com) Tieto (www.tieto.com)
  • 4. Ambronite (www.ambronite.com) AndersInno (www.andersinno.com) AppGyver (www.appgyver.com) AudioDraft (www.audiodraft.com) BaseN (www.basen.com) Beddit (www.beddit.com) BiiSafe (www.biisafe.com) Codenomicon (www.codenomicon.com) Cresense (www.cresense.com) Ekahau (www.ekahau.com) Haltian (www.haltian.com) IndoorAtlas (www.indooratlas.com) Joberate (www.joberate.com) Modulight (www.modulight.com) Movial (www.movial.com) MultiTouch (www.multitaction.com) Optofidelity (www.optofidelity.com) Rightware (www.rightware.com) Senso Solutions (www.sensosolutions.com) Shark Punch (www.sharkpunch.com) SuperCell (www.supercell.com) Surveypal (www.surveypay.com) Thinglink (www.thinglink.com) Transfluent (www.transfluent.com) Tuxera (www.tuxera.com) Vaadin (www.vaadin.com) VividWorks (www.vividworks.com) Zonesco. (www.zonesco.io)
  • 5. Finpro (www.finpro.com) Internalization consultancy for Finnish companies Nexit Ventures (www.nexit.com) Finnish-American VC fund Tekes (www.tekes.com/en) The Finnish Funding Agency for Innovation Vendep (www.vendep.com) Start-up accelerator and seed investor VTT (www.vtt.fi) Multitechnological applied research organization
  • 6. Airstone Labs (www.airstonelabs.com) Supercomputing as a service AlphaSense (www.alpha-sense.com/) - also operations in Finland Search engine for financial professionals Appington (www.appington.com) Adding voice to mobile apps Beatroot (www.beatroot.co), was Hacklog (at Matter.VC) Analytics for journalists BetterDoctor (www.betterdoctor.com) - also operations in Finland Find the right doctor in minutes Crowd Valley Inc. (www.crowdvalley.com/) Linko (www.linko.io) - also operations in Finland Lost in Translations (www.lostintranslations.com) - also operations in Finland Pilot Network services (www.pilot.net) - listed in NASDAQ Skydom (www.skydom.io) Build rich data services in the cloud Trulia (www.trulia.com) - listed in NASDAQ – being acquired by Zillow Real-estate search tool Vuact (www.vuact.com) A smarter way to watch and share video.
  • 7. Animoi – acquired by Macromedia in 2004 Applifier / EveryPlay – acquired by Unity in 2014 Bitboys – acquired by ATI / AMD in 2007 Bitdeli – acquired by AdRoll in 2013 Continuent – acquired by Vmware in 2014 Ditto – acquired by Groupon in 2012 drawElements – acquired by Google in 2014 Flowdock – acquired by Rally Software in 2013 Hantro – acquired by Google in 2010 through Hantro’s acquisition by On2 Technologies in 2007 Hybrid Graphics – acquired by Nvidia in 2006 Innobase – acquired by Oracle in 2005 Jaiku – acquired by Google in 2007 Kippt – acquired by Coinbase in 2014 Mr. Goodliving – acquired by Real Networks in 2005 MySQL (Swedish company with Finnish co-founder and Finnish CEO) – acquired by Sun (now part of Oracle) for $1 billion in 2008 Protogeo / Moves – acquired by Facebook in 2014 Pryte – acquired by Facebook in 2014 RedLynx – acquired by Ubisoft in 2011 Smartner – acquired by Seven Networks in 2005 Solid Information Technology – acquired by IBM in 2007 Stonesoft – acquired by McAfee (part of Intel) in 2013 Sumea – acquired by Digital Chocolate in 2004
  • 8. AppGyver from Initial Capital in 2014 AudioDraft from 500 Startups in 2013 BetterDoctor from NEA (New Enterprise Associates) in 2014 Continuent from Trident Capital in 2005 G-cluster from Intel Capital (Asia) MySQL (Swedish company with Finnish co-founder and Finnish CEO) from Benchmark Capital in 2003 Next Games from IDG Ventures and Lowercase Capital in 2014 Ovelin from True Ventures in 2012 Rovio Entertainment from Accel Partners & Felicis Ventures in 2011 SuperCell from Accel Partners & Initial Capital in 2011 and from Index Ventures and Institutional Venture Partners in 2013
  • 9. Alcom Basware (now on East Coast) Capslock Common Tribes Cybelius Software Design Power Documill FogScreen Futuremark (acquired by UL in 2014) Gearshift Group Hantro Helmi Inreality Innopinion LinkoTec Luxus (www.luxus.fi) US HQ now in Texas MadOnion (now Futuremark) Mobile Backstage Closed, part of IP in Common Tribes Modera Point Play My Song QPR Software Sonera (+ SoneraZed & SmartTrust) Star-Arcade Stonesoft Sumo Tekla Terapixel TinkerCAD Closed, founders started Airstone Labs Vaisala VDSL Systems
  • 10. Nonstop Games – founded by Finns in Singapore, have office in SF Heptagon – started as Finnish company but no ties to Finland anymore
  • 11. Denmark: ScaleIT – www.scaleit.us Enterprise Estonia – www.eas.ee German Silicon Valley Accelerator – www.germanaccelerator.com Innovation Norway / Innovation House - innovationhousesf.wordpress.com Business Sweden – www.business-sweden.se/en/ Switzerland: Swissnex – www.swissnexsanfrancisco.org Silicon Vikings – www.siliconvikings.com Not officially a country organization Nordic Innovation House – www.nordicinnovationhouse.com
  • 12. Company Web sites Direct communication with companies Silicon Valley Journey, Tekes (http://www.tekes.fi/Julkaisut/silicon_valley_jo urney.pdf) Updates and corrections can be sent to Hartti Suomela