VC  Nexit Ventures

http://www.nexitventures.com





     Office Locations:

470 Ramona St
Palo Alto, CA 94301
Phone: 408-725-8400
Fax: 408-725-8405

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Stages:

  • Early
  • Expansion
  • Growth


 

Industries:

  • Communications & Networking
  • Information Technology

  •  

    Description:

    Founded in 1999, Nexit Ventures invests in high-tech companies that enable the new breed of mobile & wireless innovation. The focus is on mobile and wireless communication, from core components and enabling middleware to applications and services. Investments are made primarily in Nordic and U.S. companies in both early and more mature stages of their development. With home bases in Nordic countries and Silicon Valley, Nexit Ventures has a strong network of industry contacts in key Asian markets, especially Japan and South Korea. Nexit's portfolio companies are in the convergence of computing, the Internet, and wireless communications. Nexit manages two funds: Nexit Infocom 2000 (66.7 million euro under management) and Nexit Infocom II (85.0 million euro under management). The firm has additional offices in Helsinki. The firm expects to be successful with over half of their latest portfolio companies and return over 5 times the funds invested in these companies.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Artturi Tarjanne Partner
    Markku Mäkeläinen Partner
    Michel Wendell Partner
    Pekka Salonoja Partner
    Risto Yli-Tainio Chief Financial Officer

     

    Portfolio companies include:


      Funambol
        web link


      HDmessaging


     

    Recent News: