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
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