Finland and Business inSan Francisco Bay Area

Version: June 24, 2014

Finnish Companies in the Bay AreaTotal: 47

11 established companies25 ICT start-ups (2 gaming companies)3 other start-ups5 other companies / organizations3 U.S. companies founded by Finns having operations in Finland

U.S. Companies founded by Finns: 9Exits of Finnish companies in SF Bay Area: 16+VC investments from SV VCs in Finnish companies: 8+

Note: Only 12 Finnish companies had presence in SF Bay Area in the end of 2010

Finnish Established Companies in Bay Area(Founded before year 2000) - 11

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)Nokia (www.nokia.com)SSH Communications (www.ssh.com) Symbio (www.symbio.com) Tieto (www.tieto.com)

Finnish ICT Start-Ups in Bay Area - 25

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) Continuent (www.continuent.com) Cresense (www.cresense.com) Ekahau (www.ekahau.com)Futuremark (www.futuremark.com) IndoorAtlas (www.indooratlas.com) Joberate (www.joberate.com) Modulight (www.modulight.com) Movial (www.movial.com)

MultiTouch (www.multitouch.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) Tuxera (www.tuxera.com) Vaadin (www.vaadin.com)Zonesco. (www.zonesco.io)

Other Finnish Start-Ups in the Bay Area - 3

Ambro (www.theambro.com) Common Tribes Transfluent (www.transfluent.com)

Other Finnish Companies & Organizations in the Bay Area - 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 organisation

Bay Area Companies Founded by FinnsWith operations in Finland: 3

Airstone Labs (www.airstonelabs.com) Supercomputing as a service

AlphaSense (www.alpha-sense.com/) - also operations in FinlandSearch 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 FinlandFind the right doctor in minutes

Lost in Translations (www.lostintranslations.com) - also operations in FinlandPilot Network services (www.pilot.net) - listed in NASDAQSkydom (www.skydom.io)

Build rich data services in the cloudTrulia (www.trulia.com) - listed in NASDAQ

Real-estate search toolVuact (www.vuact.com)

A smarter way to watch and share video.

Exits of Finnish Companies in the (Bay Area) U.S.

Animoi – acquired by Macromedia in 2004Applifier / EveryPlay – acquired by Unity in 2014Bitboys – acquired by ATI / AMD in 2007Bitdeli – acquired by AdRoll in 2013Ditto – acquired by Groupon in 2012Flowdock – acquired by Rally Software in 2013Hantro – acquired by Google in 2010 through Hantro’s acquisition by On2 Technologies in 2007Hybrid Graphics – acquired by Nvidia in 2006Innobase – acquired by Oracle in 2005Jaiku – acquired by Google in 2007Kippt – acquired by Coinbase in 2014Mr. Goodliving – acquired by Real Networks in 2005MySQL (Swedish company with Finnish co-founder and Finnish CEO) – acquired by Sun (now part of Oracle) for $1 billion in 2008Protogeo / Moves – acquired by Facebook in 2014RedLynx – acquired by Ubisoft in 2011Smartner – acquired by Seven Networks in 2005Solid Information Technology – acquired by IBM in 2007Stonesoft – acquired by McAfee (part of Intel) in 2013Sumea – acquired by Digital Chocolate in 2004

Silicon Valley VC & Angel Investments in Finnish Companies

AppGyver from Initial Capital in 2014AudioDraft from 500 Startups in 2013Continuent from Trident Capital in 2005G-cluster from Intel Capital (Asia)MySQL (Swedish company with Finnish co-founder and Finnish CEO) from Benchmark Capital in 2003Next Games from IDG Ventures and Lowercase Capital in 2014Ovelin from True Ventures in 2012Rovio Entertainment from Accel Partners & Felicis Ventures in 2011SuperCell from Accel Partners & Initial Capital in 2011 and from Index Ventures and Institutional Venture Partners in 2013

Finnish Companies Which at One PointHave Had Offices in SF Bay Area

AlcomBasware (now on East Coast)CapslockCybelius SoftwareDesign PowerDocumillFogScreenGearshift GroupHantroHelmiInrealityLinkoTecLuxus (www.luxus.fi)

US HQ now in TexasMadOnion (now Futuremark)

Mobile BackstageClosed, part of IP in Common Tribes

Modera PointPlay My SongQPR SoftwareSonera (+ SoneraZed & SmartTrust)Star-ArcadeStonesoftSumoTeklaTerapixelTinkerCAD

Closed, founders started Airstone LabsVaisala

Borderline Cases

Nonstop Games – founded by Finns in Singapore, have office in SFSensinode – acquired by ARM in 2013, had activities in SF Bay Area earlier? Heptagon – started as Finnish company but no ties to Finland anymore

Other CountriesExamples of Country Organizations in SF Bay Area

Denmark: ScaleIT – www.scaleit.us Enterprise Estonia – www.eas.ee German Silicon Valley Accelerator – www.germanaccelerator.com Innovation Norway / Innovation House - innovationhousesf.wordpress.comBusiness Sweden – www.business-sweden.se/en/ Switzerland: Swissnex – www.swissnexsanfrancisco.org Silicon Vikings – www.siliconvikings.com

Not officially a country organization

Business Development for International Companies

Bootstrap Labs – www.bootstraplabs.com US MAC – www.usmarketaccess.com

Sources

Company Web sitesDirect communication with companiesSilicon Valley Journey, Tekes (http://www.tekes.fi/Julkaisut/silicon_valley_journey.pdf)