Swedenâ€™s Wireless Boom 2000

Considering computer penetration, Internet usage and thespread of mobile phones, Sweden has undoubtedly becomethe world’s leader of the infotech revolution in -.As a natural result, Swedish entrepreneurs, as well as “old”industry and organizations, have became absorbed withwireless technologies, applications and business oppor-tunities. This is mirrored in BHM’s Wireless Survey. Themagazine located and checked data of companies. Topexecutives were interviewed. It is the first time such a hugeamount of material has been collected, culled, organized andpresented to the public.

This past year, journalists, business people and politiciansfrom outside the Land of the Midnight Sun have frequentlyasked: “Why Sweden and why Stockholm?” BrainHeartMagazine likes to answer this question by starting with adescription of the social, technical, historical and psycho-logical factors behind Sweden’s entrepreneurial wave at theturn of the century. Which brings us to today and back tothe question:

“Why are there so many Swedish Wireless businesses?”The reasons, boiled down to fit a wireless screen:– Widespread consumer use of PCs, Internet, mobile phones.– The existence of a highly advanced wired and wirelessinfrastructure.– Leading edge, competing telecom equipment companies:Ericsson and Finland’s Nokia.– Sophisticated internationaltelecom operators: Telia, Tele2and Europolitan.– Deregulation in resultedin many new operators enteringthe Swedish market. Today, thereare close to competing here.– Swedes have adopted theInternet fastest in Europe, andhave developed and appliedwireless standards includingGSM, Bluetooth, WAP.

Sweden’s Wireless Boom 2000167 wireless Internet companies listed

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: almost percent, or of those in oursurvey, are located in Stockholm. The survey shows thatoutside of the capital city, there are three areas where wire-less developments are concentrated: Gothenburg, home toChalmers Institute of Technology, has percent of thecompanies; Malmö/Lund and Karlskrona/Ronneby havesmaller groups of wireless companies. [See map below]

, based on the firms’founding dates: prior to and after January . There aresome good reasons for this: Since January the numberof start-ups working with wireless Internet has increasedrapidly [see tables below].

-, founded in or , focus only onwireless: They look back at the PC era as an important butbygone step toward the world of wireless communication.Of the companies in the survey, percent, or a total of ,have been created since January . About percent, or companies, have been founded during year so far.BrainHeart Magazine predicts total of at least start-upsfounded before the end of the year.

BrainHeart Magazine inventoried wireless companies in Sweden Fall .Over half of them were founded since January . Never in Swedish business historyhave so many new companies been established in one industry in so short a time.

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include telecommunications equipment companies, tele-com operators, consultants and a number of data communi-cation companies from the s. They keep up with newtrends, and often provide financing to new, small, wirelessventures.

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The study shows that the majority of the companies overallare relatively small in the number of employees. Almost two-thirds of the companies, percent, have fewer than

employees, while percent have between and

employees, and percent have over employees. Sevencompanies have more than , employees, among thelargest being Ericsson, Europolitan and Telia Mobile. About, people work in companies started after January .

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. Many of theprivately held companies, because of their being so new,have not taken in any external financing. The most commonexternal financiers in the wireless sector are the Swedishventure capital companies: Startupfactory, Ledstiernan,BrainHeart Capital or Speed Ventures. Some of the large,established companies invest in projects within the companyor in start-ups via their own venture capital subsidiaries.Examples of this are Telia and Ericsson, as well as Volvo.All are fully aware of the necessity to attract and promoteinternal entrepreneurial human capital.

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– Mobile Personal Services, i.e. applications, or enablingtechnologies for those applications, targeting the end usersuch as location-based services, m-commerce or mobilebanking. ( companies).– Wireless Broadband, i.e. network and operator services ofall kinds ( companies).– Machine-to-machine (M2M) services, i.e. applicationswhere machines communicate with each other via theInternet. ( companies).

Not surprisingly, the survey shows most companies directlyor indirectly aim their business at end-users (Mobile Per-sonal Services).

.A summary of replies shows thatcompanies’ activities can be divided mainly into five types.Many work in several fields at the same time:

– content providers (%)– software development (%)– equipment and hardware (%)– wireless network (%)– consulting (%)

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Something dramatically changedin the minds of young, well-educated people, in theirimagination and in their dreams about professional success.In the latter part of the s, more students wanted tobecome a new Jonas Birgersson, founder of Framfab, or anew Johan Stäel von Holstein, founder of Icon Media Lab.Earlier, during the s and s, the same young peoplewould prefer traditional careers at Ericsson, Volvo or ABB.Birgersson, von Holstein and two or three other young entre-preneur media stars assumed the same roles in the world ofSwedish Internet and wireless business as once Björn Borgdid for tennis, or ABBA and Roxette for pop music: theybecame the idols, the life style models, the cult figures.

Ericsson and Telia themselves have become importantrecruiting bases for the new innovative companies, com-parable with the role Hewlett Packard played when SiliconValley was young.

Even if the entrepreneurs behind the “-generation”are in their s and s, their companies have often attractedexperienced board members. When looking at commentsunder “Management” in the BHM Survey presentation, onerecognizes many well-known entrepreneurs, industrialistsand venture capitalists among members of the boards. “GreyPanthers” – also called “The Oldies” – have always beenwelcomed to the Swedish new economy; they have playedand still play an important role. Even more of them can befound among the new venture capitalists.

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In the autumn of , one could find ten private venturecapital companies working with technology endeavors. Inthe autumn of , there are VC companies, morethen half of them focused on IT, Internet, and wireless. Thetotal volume of venture capital in this area is difficult toestimate. A survey in Swedish business magazine VeckansAffärer in the summer of gave a figure of SEK

billion (US $ billion) while Förvärv och Fusioner, aSwedish publication on mergers and acquisitions, offeredin October a total of SEK billion (US $ billion).

But whatever the precise number, according to PriceWaterhouse Cooper, Sweden has the world’s fastest growingventure capital market and is number three measured inavailable private equity and venture capital per capita in relationto GDP (Gross Domestic Product), after the USA and UK.

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The future perspective is painted extremely bright by theentrepreneurs interviewed in the survey. Despite the recentdown-turn of the stock market for the IT industry world-wide, many of the “-generation” CEOs look forwardto public offerings in two or three years. One surprising factturned up by the survey is that only percent of the companieswork in the field of machine-to-machine (M2M). Manyforecasters say that applications in M2M will have the great-est potential in the future. For example, NTT DoCoMoestimates that up to percent of its future subscribers willbe machines, and not people, connected to the Internet.

HALEBOP – CONTENT PROVIDERHalebop is an attractive solution for distributing content via wireless.The company was formed by Telia and Oracle, which each own 40percent of the firm, with the remaining 20 percent owned by foundersand employees. Its goal is to create a channel to large user groupsworldwide. Halebop has chosen not to create content itself but onlyto distribute content for other actors. For example, a wireless usercan buy tickets from a theater chain, send flowers via a shop, orobtain latest stock prices, news or TV material. Users register freeas a member of Halebop, and pay no fee other than usual wirelesstime. “Our customers are the established companies that need newchannels,” says Jonas Wilhelmsson, chief operating officer.

Halebop serves as the link between operators and contentsuppliers. The company has agreements with all Swedish wirelessphone operators, even though one of the Halebop owners is a largeoperator. This means that a user can be a subscriber to any mobileoperator but still use Halebop services. Halebop reports that it signedup 220,000 subscribers in just a few months after the service waslaunched in 2000 – a launching the required four years of preparation.Halebop’s 30 employees are from both Telia and Oracle, providingthe company with a combination of telecom and programmingcompetence. Users employ all types of technology: mobile phoneswith SMS or WAP capability or hand-held computers. Halebop’s ownportal program links all conceivable distribution channels, thusproviding a universal solution.

RED CYBER – SOFTWARE DEVELOPERRed Cyber is one of many new wireless companies that producessoftware. However, the 24-employee company is noteworthy inone aspect: 20 of its programmers work in a development centerin Shanghai. The four founders of Red Cyber have all worked inChina, several for Ericsson there, and they gained both the contactnetwork and language knowledge that is necessary to get into theChinese market. Now, they are assisting other Swedish wirelesscompanies to do the same. “Next year China will be the world’slargest wireless market,” says Jörgen Nordlund, managing director.“There are about three million new mobile phone users per month!In year 2004, there will be 250 million users in China. And since youcan figure that all mobile phones sold in four years will have someform of Internet access, the Chinese will jump over the technicalphase that we are now in Internet via PCs. They will adjust theirInternet behavior directly to the smaller display screen.”

Red Cyber’s philosophy is to be ready and on the scene for theChinese boom. Presently, the company works with programming andcoding for Swedish companies. They can do this at half the price inChina. They also serve as consultants to help companies packageapplications for wireless Internet in China, for example, creating aChinese interface for a music portal. “We want to stand on our ownfeet as long as possible with the help of programming assignmentsuntil the market really matures,“ explains Mr. Nordlund.

COMHAT – HARDWARE PRODUCERComhat in Mölndal, outside Gothenburg, is a rare example of anewly-started Swedish wireless company that produces hardware.The company has rights to a patent for a link antenna used forcommunication between base stations in a mobile network. Thepatent is based on innovations by Professor Per Simon Kildal ofChalmers Institute of Technology of Gothenburg. Comhat’scustomers are other systems designers and manufacturers in thewireless world. Venture capital companies’ interest in companiesbased on patents is expected to increase as a result of the shake-upof dot-com companies, especially in B2C (business to consumer)companies during last year. There is no problem for additionalfinancing for manufacturers like Comhat, those that have a solidproduct. The Comhat antenna is a geometrically smaller parabolicantenna that is cheaper than others. It is in strong demand duringthe expansion of new generations of mobile networks.

POWERNET – WIRELESS NETWORKPowerNet, of Stockholm, is a good example of how new technologycan create entirely new business alongside established operators’nation-wide mobile networks. PowerNet works with geographicallylimited area radiocommunication, at 2 Mbit/second, for Internetsurfing. “We started with wireless solutions for offices, but weintend to widen our services to small home districts and specialsurfing zones. These are outside large cities and are not reached bybroadband Internet via copper wire and fiber optics,” says FredrikGraff, one of the company founders. PowerNet´s customers haveordinary PCs, using radio technology for transmission, which is aform of wireless Internet. “It´s a little difficult to understand forthose who have money, the venture capitalists,” Mr. Graff explains.“It takes time to explain what new technology can accomplish.”

NORTHSTREAM – CONSULTINGNorthstream is one of the many consultant companies working inwireless. Founded in 1998, Northstream has 44 employees and, inaddition to the head office in Stockholm, has offices in Sofia Antipolis,France, and Tokyo. The company has attracted technical competencefrom Sweden’s worlds of telecom and business analysis. It offersassistance to wireless actors worldwide in preparing licenseapplications to governmental authorities. Northstream has contractswith large operators and systems suppliers, including Vodafone, NTTDoCoMo Europe, Utfors, AT&T, Sonera, Ericsson and Siemens. But,like most consultants, it has other operations as well. It providessoftware for GPRS connections for company networks.“Manyinvestors don´t understand the business logic in wireless” saysTommy Ljunggren, one of the founders.

It is quite likely that even in the future we will seeSwedish start-ups acquired by foreign interests. Sweden’sleading position in the wireless field, and the relativelylimited market in geography and population makes this anexcellent test bed for large corporations. [See the separatelist on page of the international companies that recentlyestablished development centers in Stockholm.] And onequite certain final forecast: increasingly tough competitionwill continue to emerge from the American market.

Five Examples From the Survey

Per [email protected]

See the companies on the following pages.

THE WIRELESS INTERNET SURVEY:This survey of Sweden’s wireless Internet companies was done byPer text (Per Gustavsson) in October 2000. Data were collectedthrough phone and mail interviews with CEOs and other executivesin 167 companies with activities mainly in wireless Internet technology.Companies themselves supplied statistics and figures

SOME DEFINITIONS:Publicly listedYES = the company is publicly listed in Sweden (unless stated otherwise)

ManagementCEO = Chief Executive OfficerCOO = Chief Operating OfficerCTO = Chief Technical OfficerCFO = Chief Financial Officer

Capital; InvestorsExternal financing or ownership is listed.MSEK = Swedish kronor, millionMUSD = US dollars, million

Business categoryThe companies are categorized in three market segments:PWS = Personal wireless servicesWB = Wireless broadbandM2M = Machine-to-machine services

Company’s specialtyDescription of the business divided into seven categories

Celltribe, Stockholmwww.celltribe.com+46 8 796 19 00

Founded 1999Publicly listed NoManagement Ann Lidgard, CEO;Kajsa Lundfall; Andreas Zetterberg;Bengt Lidgard, board chairmanCapital; investors ÖresundInvestmentNumber employees 70Business category PWSCompany’s specialty

softwarehardwarenet servicesconsultant services 50%installationservicecontent supplier 50%

Airgate, Stockholmwww.airgate.se+46 705 84 69 77

Founded 2000Publicly listed NoManagement Magnus Lundin, CEOCapital; Investors No data givenNumber employees 15Business category WBCompany’s specialty

software 25%hardware 75%net servicesconsultant servicesinstallationservicecontent supplier

Bluetronics, Norrköpingwww.bluetronics.com+46 11 26 41 00

Founded 2000Publicly listed NoManagement Jonas Lundhagen, CEO;Shao Fang Gong, CTOCapital; Investors 20 MSEK, ItactNumber employees 20Business category WBCompany’s specialty

softwarehardware 100%net servicesconsultant servicesinstallationservicecontent supplier

BlueFactory, Stockholmwww.bluefactory.com+46 8 736 77 82

Founded 2000Publicly listed NoManagement Soki Choi, CEO; JohanWennerström, CTO; Åsa Sundberg,ITP; Jesper Kärrbrink, ITP;Jonas Bonnier (Bonnier Tidskrifter)Capital; investors IT Provider30 MSEKNumber employees 8Business category PWSCompany’s specialty

software 50%hardwarenet servicesconsultant servicesinstallation 5%service 5%content supplier 40%

Blueice Research, Stockholmwww.blueiceresearch.com+46 8 545 518 80

Founded 2000Publicly listed NoManagement Thomas Holmström,CEO; Christopher Carle, CFO;James Holohan, sales marketingmanager; Erik Johannesson, CTO;Hans Mikael Holmström, bus dev.Capital; Investors Employees + twoinvestorsNumber employees 11Business category PWSCompany’s specialty

software 100%hardwarenet servicesconsultant servicesinstallationservicecontent supplier

Columbitech, Stockholmwww.columbitech.com+46 8 24 72 00

Founded 2000Publicly listed NoManagement Pontus Bergdahl, CEO;Lars Resenius, dir. software dev.Capital; Investors 12 MSEK,Ledstiernan, Servisen, PelagoVenture PartnersNumber employees 20Business category PWSCompany’s specialty


Celeton, Stockholmwww.celeton.com+46 8 663 52 39

Founded 2000Publicly listed NoManagement Linus Elmgren, CEOCapital; Investors No data givenNumber employees 5Business category PWSCompany’s specialty


Bozoka.com, Stockholmwww.bozoka.com+46 8 545 068 00

Founded 1999Publicly listed NoManagement Martin Strömberg,CEO; Jonas Sundvall, board chairmanCapital; Investors SkandiaNumber employees 25Business category PWSCompany’s specialty

software 50%hardwarenet servicesconsultant servicesinstallationservicecontent supplier 50%

Startups – “The 2000 generation”

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Doubleway, Karlskronawww.doubleway.com+ 46 455 37 97 20

Founded 2000Publicly listed NoManagement Jonas Nilsson, CEO;Max Falkå, CMO; Robert Bellwaldius,CTOCapital; Investors Sierra, Qambrian+ private placementNumber employees 40Business category M2MCompany’s specialty


Gatespace, Göteborgwww.gatespace.com+46 31 743 98 00

Founded 1999Publicly listed NoManagement Staffan Truvé, CEO;Björn Johansson, vice presid dev.Capital; Investors 11 MUSD, BureEquity, T-bolaget, Pythagoras(Belgium), European EquityPartners (London),Morgan StanleyDean Witter, Foqua (Atlanta)Number employees 35Business category M2MCompany’s specialty


CoTraveller, Stockholmwww.cotraveller.com+46 8 796 19 00

Founded 2000Publicly listed NoManagement Thomas Ahlsén, CEO;Oscar Werner, COO; Mathias Berg,VP MarketingCapital; Investors CellTribe, privateplacement, employeesNumber employees 25Business category PWSCompany’s specialty

software 40%hardwarenet servicesconsultant services 20%installationservicecontent supplier 40%

Edge Mobility, Stockholmwww.edgemobility.com+46 73 312 21 91

Founded 1999Publicly listed NoManagement Andes de Paula, CEO;Alfred Svensson; KonstantinKalakmanisCapital; Investors Founders (60%);employees (10%), investors (30%)Number employees 26Business category PWSCompany’s specialty

software 50%hardwarenet servicesconsultant services 50%installationservicecontent supplier

Direct2Internet, Stockholmwww.direct2Internet.com+46 8 702 29 80

Founded 1999Publicly listed NoManagement Jonas Claesson, CEO;Örjan Fallheden (CEO of Swedishsubsidiary)Capital; investors Jens Claesson+ 50 shareholders;Centercourt invested 3 MSEKNumber employees 20Business category WBCompany’s specialty

softwarehardwarenet services 100%consultant servicesinstallationservicecontent supplier

Echoo, Göteborgwww.echoo.net+46 8 31 701 70 35

Founded 1999Publicly listed NoManagement Ola Bartholdson, CEO;Capital; Investors 10 MSEK: PeterSager-Wallenberg, Carl Palmstierna,Björn Allkvist, Peter Törnqvist,Lehman BrothersNumber employees 15Business category PWSCompany’s specialty

software 50%hardwarenet services 50%consultant servicesinstallationservicecontent supplier

Etheraction, Stockholmwww.etheraction.com+46 703 20 57 91

Founded 2000Publicly listed NoManagement Robert Kornfeld, CEO;Patrik Juthberg, internationalbusinessesCapital; Investors Five founders +investorsNumber employees 15Business category WBCompany’s specialty


Ellipsus Systems, Stockholmwww.ellipsus.com+46 470 70 90 00

Founded 1999Publicly listed NoManagement Rikard Kjellberg, CEO;Martin Bergljung, CTOCapital; Investors 25 MSEK,IT Provider, SmålandsfondenNumber employees 15Business category WBCompany’s specialty


E-hand, Stockholmwww.ehand.se+46 8 556 097 20

Founded 1999Publicly listed NoManagement Markku Huusko, CEO;six founders: Erik Bohman,Johan Fransson, Jacob Hamacher,Jonas Kämpe, Staffan Malmgren,Erik TorsnerCapital; investors Telenor Ventures;EDB Business PartnerNumber employees 29Business category PWSCompany’s specialty


Delego.com, Stockholmwww.delego.com+46 8 555 448 00

Founded 2000Publicly listed NoManagement Anders Björkenbo,CEO; Morgan Nyman, CTOCapital; Investors Speed Ventures+ foundersNumber employees 12Business category PWSCompany’s specialty


Fronthill Wireless Technologies,Stockholm +46 708 89 85 83www.fronthill.com

Founded 2000Publicly listed NoManagement Bengt Göran Beskow,CEO; Peter Révay board chairmanCapital; investors FoundersNumber employees 5Business category M2MCompany’s specialty software 45% hardware 20% net services consultant services 25% installation 10% service content supplier

Emunity, Stockholmwww.emunity.net+46 8 528 018 70

Founded 1999Publicly listed NoManagement Hans Becker, CEO;Gunnar Laurén, CTO; Mary Jensen,Bus Dev.Capital; Investors Adera VenturesNumber employees 4Business category PWSCompany’s specialty

software 50%hardwarenet servicesconsultant servicesinstallationservice 50%content supplier

Drive-IT, Göteborgwww.driveit.se+46 31 748 34 50

Founded 1999Publicly listed NoManagement Magnus Greko, CEO;Lars V Kylberg, board chairman;Dag KlerfeltCapital; Investors16 MSEK: Haldex,European Digital Partner, 4 MSEK:boardNumber employees 17Business category M2MCompany’s specialty


GCC, Stockholmwww.gcc.se+46 8 444 38 50

Founded 1999Publicly listed NoManagement Jörgen Springfeldt,CEO; Jan Olof Ek, Torsten SpaakCapital; investors 2,2 MSEK MobileGardenNumber employees 7Business category M2MCompany’s specialty


Global Airlink Communication AB,Stockholm+ 46 703 09 70 47

Founded 1999Publicly listed NoManagement Morgan Jansson, CEO;Bengt Franzén, CTOCapital; investors FoundersNumber employees 2Business category PWSCompany’s specialty software 100% hardware net services consultant services installation service content supplier

Generic Mobile, Arbogawww.generic.se/mobile+46 589 881 50

Founded 1999Publicly listed NoManagement Åke Nowén, CEO;Thorbjörn Ericsson, CTO;Leif Andersson, tech man,Capital; Investors Hans Nilsson,Lars Åke Helgesson, Stig ArneLarsson, Peder SwenmanNumber employees 5Business category M2MCompany’s specialty

software 10%hardware 10%net services 60%consultant services 10%installationservicecontent supplier 10%

ipUnplugged, Stockholmwww.ipunplugged.com+46 8 725 59 00

Founded 1999Publicly listed NoManagement Magnus Lengdell, CEO;Jan Forslöw, CTO; Håkan Sessle, vicepres prod mark; Padraig Moran,R&DCapital; Investors 10 MSEKLedstiernan (25%) + employeesNumber employees 24Business category PWSCompany’s specialty


Ismobile, Luleåwww.ismobile.com+46 920 750 00

Founded 1999Publicly listed NoManagement Matz Engman, CEO;Mats Pettersson, CSO; LennartIsaksson, COO; Ragnar Larsson,Leif Hedlund, Mikael Bäckman,Jan Ove Högberg, Göran Lövkrantz,Lars Ove LindCapital; Investors Nine founders,Telia Business Innovation,Infologi-gruppenNumber employees 18Business category PWSCompany’s specialty


Katapult, Göteborgwww.katapult.com+46 704 97 46 31

Founded 2000Publicly listed NoManagement Per Eskilsson, CEOCapital; Investors No data givenNumber employees 15Business category WBCompany’s specialty


Mgage Systems, Stockholmwww.2251.com+46 702 61 100 00

Founded 2000Publicly listed NoManagement Styrbjörn Horn, CEO;Göran Grosskopf, Robert Göthner,Ben Manell, Jonas AhlbergCapital; Investors Innovations-kapital, Kaputhing, Trident CapitalNumber employees 15Business category PWSCompany’s specialty

software80%hardwarenet servicesconsultant services 20%

installationservicecontent supplier

Incirco, Stockholmwww.incirco.se+46 8 783 28 00

Founded 1999Publicly listed NoManagement Jörgen Andersson,CEO; Nicklas Ekdahl, marketingdirector;Capital; investors Telia BusinessInnovation; Real Venture Group;Bank Boston; Innovationskapital;European Emerging Partner;Digital MountingNumber employees 30Business category PWSCompany’s specialty

softwarehardwarenet servicesconsultant servicesinstallationservicecontent supplier 100%

Icomera, Göteborgwww.icomera.com+46 31 772 80 26

Founded 1999Publicly listed NoManagement Kristian Axelsson,CEO; Martin Bergek, CTO; Paul Williams, CSOCapital; Investors 3 MSEK, privateplacement + NutekNumber employees 8Business category WBCompany’s specialty


Instant Context, Stockholmwww.instantcontext.com+46 31 701 76 50

Founded 2000Publicly listed NoManagement Mikael Stenhall, CEO;Kerstin Forsberg, CTOCapital; investors 4,5 MSEK AderaVentures Zone (48%), New MadTechnologies (33%), Adera (19%)Number employees 6Business category PWSCompany’s specialty


Hotsip, Stockholmwww.hotsip.com+46 8 454 05 00

Founded 1999Publicly listed NoManagement Jens Lundström, CEO;Johan Liseborn, CTOCapital; Investors Speed Ventures +foundersNumber employees 40Business category WBCompany’s specialty

software 40%hardwarenet services 30%consultant servicesinstallationservicecontent supplier 30%

Halogen, Stockholmwww.halogen.com+46 8 463 34 30

Founded 1999Publicly listed NoManagement Tomas Duffy, CEO;founders Erik Hörnfelt,Lars Bengtsson, Lennart Eriksson,Joakim NymanCapital; investors KKR, Geocapital,Core Ventures, founders +employeesNumber employees 310Business category M2MCompany’s specialty

softwarehardwarenet servicesconsultant services 100%installationservicecontent supplier

KSOCXS, Stockholmwww.ksocxs.se+46 704 22 68 88

Founded 1999Publicly listed NoManagement Hans Larsson, CEOCapital; investors Hans Larsson(92%), Roland Ringwall (5%),Örjan Gustafsson (3%)Number employees 1Business category WBCompany’s specialty

software 25%hardware 25%net servicesconsultant servicesinstallationservicecontent supplier 50%

Locomotive Mobile Internet,Stockholm www.locomotive-mi.com+46 705 18 98 22

Founded 2000Publicly listed NoManagement Magnus Johansson, CEOCapital; Investors Founders (7 st inclMagnus Johansson)Number employees 8Business category WBCompany’s specialty


It’s Alive, Stockholmwww.itsalive.com+46 8 587 098 00

Founded 2000Publicly listed NoManagement Tom Söderlund, CEO;Christof Molund, CFO; BjörnEkengren CTO; Ivar Gaitan, HRCapital; investors Speed VenturesNumber employees 6Business category PWSCompany’s specialty


Mediatude, Stockholmwww.mediatude.com+46 8 15 20 02

Founded 1999Publicly listed NoManagement Christopher Demis,CEO; Håkan Larsson, CTO; HannaRiberdahl, COO; David Aureden,mark. dir.Capital; Investors Ericsson (29%),Real Venture GroupNumber employees 14Business category M2MCompany’s specialty


Gurka Planet, Göteborgwww.gurkaplanet.com+46 31 778 34 34

Founded 1999Publicly listed NoManagement Jens-Christian Bogh,CEOCapital; investors 30 MSEK:2M Invest A/SNumber employees 17Business category PWSCompany’s specialty


Halebop, Stockholmwww.halebop.com+46 8 545 288 80

Founded 2000Publicly listed NoManagement Roland Svensson, CEO;Jonas Wilhelmsson, COO;Hans-Anders Karlsson, marketingdirector; Björn Svennesson, businessdevelopment; Magnus Lönneroth,CTOCapital; investors Telia 40%,Oracle 40%, founders and employeesNumber employees 30Business category PWSCompany’s specialty


Iobox, Stockholmwww.iobox.se+46 8 545 852 30

Founded 1999Publicly listed NoManagement Eliseo Sanchez, CEOCapital; investors Terra MobileNumber employees 150Business category PWSCompany’s specialty


Micronet, Ronnebywww.micronet.se+46 457 38 65 50

Founded 2000Publicly listed NoManagement Mikael Roos, CEOCapital; Investors FoundersNumber employees 20Business category M2MCompany’s specialty


Mobilaris, Luleåwww.mobilaris.com+46 706 56 20 07

Founded 1999Publicly listed NoManagement Björn Westerholm,CEO; Ola Norberg, board chairmanCapital; Investors CLS Holding (UK),founders + employeesNumber employees 16Business category WBCompany’s specialty


Mobile Media Group, Stockholmwww.mobielmediagroup.com+46 702 69 35 10

Founded 1999Publicly listed NoManagement Anders Ljungkvist,CEO; Magnus Danielsson, CTOCapital; investors 8 MSEK;Springboard Venture CapitalNumber employees 15Business category PWSCompany’s specialty


MindCom, Göteborgwww.mindcom.se+46 31 734 25 05

Founded 2000Publicly listed NoManagement Ola Hansson, CEO;Peter Stephan, Mathias PeterssonCapital; Investors EmployeesNumber employees 70Business category PWSCompany’s specialty


Mi4e, Stockholmwww.mi4e.com+46 8 463 10 12

Founded 1999Publicly listed NoManagement James Ewing, CEOCapital; Investors No data givenNumber employees 5Business category PWSCompany’s specialty


Mobile Feed, Stockholmwww.feed.no+47 22 70 00 40

Founded 1999Publicly listed NoManagement Trond Bugge;Terje Osmundsen; Tellef TorleifssonCapital; investors 10 MNOKNumber employees 8Business category PWSCompany’s specialty

softwarehardwarenet services 20%consultant servicesinstallationservicecontent supplier 80%

Mobile Mind, Stockholmwww.mobilemind.se+46 8 566 147 76

Founded 1999Publicly listed NoManagement Joakim Ek, CEO; Magnus Wikström, mark dir.Capital; Investors Drax Holding(100&)Number employees 12Business category PWSCompany’s specialty


Mobile Innovation, Stockholmwww.mobileinnovation.com+46 8 22 90 54

Founded 2000Publicly listed NoManagement Per Welander, CEO;Bengt Pettersson, CTOCapital; investors No data givenNumber employees No data givenBusiness category PWSCompany’s specialty


MobiGolf, Stockholmwww.mobigolf.com+46 8 587 087 44

Founded 2000Publicly listed NoManagement Dan Persson, CEO;Robert Hesselstad, R&D;Madeleine Lidström, COOCapital; investors Adera Ventures(50%), Epani (50%)Number employees 3Business category PWSCompany’s specialty


Mittere Wireless Solutions,Stockholm www.mittere.com+46 8 441 70 00

Founded 1999Publicly listed NoManagement Niclas Kulman,CEO; Thomas Hvid; Daniel Ejder-berg; Ragnar Ekeroth; Karl ChristianLammCapital; investors No data givenNumber employees 12Business category PWSCompany’s specialty


Mobile Juicer, Stockholmwww.mobilejuicer.com+46 707 56 29 78

Founded 2000Publicly listed NoManagement Johan Varland, CEO;Lena Hansson, CFO;Magnus Bergmark, CSOCapital; investors FoundersNumber employees 3Business category PWSCompany’s specialty software 100% hardware net services consultant services installation service content supplier

Milgaia, Stockholmwww.milgaia.com+46 707 73 51 89

Founded 2000Publicly listed NoManagement Stefan Karlsson, CEO;Oskar Bjursten, Arun KaulCapital; investors Element Park,FoundersNumber employees 3Business category PWSCompany’s specialty software 35% hardware net services consultant services installation service content supplier 65%

mobilePosition, Stockholmwww.mobileposition.com+46 8 444 19 00

Founded 1999Publicly listed NoManagement Johan Othelius, CEO;Hagge Rilegård, presidentCapital; investors 3 MUSD EuropeanDigital Partners (33%), 5 MUSDQino/Alpha (11%)Number employees 40Business category PWSCompany’s specialty


MobileOpinion, Göteborgwww.mobileopinion.com+46 31 778 90 40

Founded 2000Publicly listed NoManagement Anders Blennermark,CEOCapital; Investors Bure (50%)+ foundersNumber employees 6Business category PWSCompany’s specialty


Mobile Notifier, Eksjöwww.mobilenotifier.com+46 381 371 71

Founded 2000Publicly listed NoManagement Kenneth Revelj, CEO;Lennart Nilsson, board chairmanCapital; investors FoundersNumber employees 10Business category PWSCompany’s specialty


Mobilestart, Stockholmwww.mobilestart.com+46 8 650 45 30

Founded 2000Publicly listed NoManagement Jonas Arlebäck, CEO;Bo Dimert; Östen Määkitalo;Bernt EricssonCapital; investors Servisen: 4 MSEK;+ employeesNumber employees 6Business category PWSCompany’s specialty


Red Message, Stockholmwww.redmessage.com+46 8 736 00 30

Founded 1999Publicly listed NoManagement Fredrik Landahl, CEOCapital; investors 23,5 MUSD;Innovationskapital; EmergingTechnologies; European EquityPartner; Pythagoras; Transconnect;Goldman Sachs; ReutersNumber employees 80Business category PWSCompany’s specialty


Nordic Spring, Stockholmwww.nordicspring.se+46 8 456 23 00

Founded 2000Publicly listed NoManagement Christian Haeger, CEO;Håkan Molin, vice pres.,Eva Lind-Andersson, Patrik SchultzCapital; Investors Ledstiernan,Brummer&Partner, foundersNumber employees 50Business category WBCompany’s specialty


Red Jade, Palo Altowww.redjade.com+1 310 780 05 15

Founded 2000Publicly listed NoManagement Gunnar Tyrsing, CEO;Fredrik Liljegren, CCOCapital; Investors 7 MUSD EricssonBusiness Innovation,3 MUSD IT ProviderNumber employees 20Business category PWSCompany’s specialty


Pico Fun, Stockholmwww.picofun.com+46 8 506 357 00

Founded 2000Publicly listed NoManagement Johan Lenander, CEO;Fredrik Syrén, marketing director;Måns Ullerstam, CTO;Christer Nilsson, board chairmanCapital; investors StartUpFactory;Softbank (Japan); CarphoneWearhouse (UK). 7 MUSD in secondinvestment roundNumber employees 25Business category PWSCompany’s specialty


Red Cyber, Stockholmwww.redcyber.net+46 8 663 08 88

Founded 2000Publicly listed NoManagement Jörgen Nordlund, CEOCapital; Investors 4,5 MSEK Echron,Nordic Wireless VentureNumber employees 24Business category PWSCompany’s specialty

software 40%hardwarenet servicesconsultant services 40%installationservicecontent supplier 20%

New Mad Technologies, Stockholmwww.newmad.com+46 8 774 11 00

Founded 1999Publicly listed NoManagement Fredrik Ljungberg,CEO; Fredrik Kämmerer, vice pres.,Henrik Kristensen, CFOCapital; Investors Bure Equity (19%),Menire (8%)Number employees 18Business category WBCompany’s specialty


Port 42, Stockholmwww.port42.com+46 8 691 02 00

Founded 2000Publicly listed NoManagement Johan Rosenlind, CEO;Peter Bengtsson, CSOCapital; Investors 7 MSEK, privateplacement, MinvestNumber employees 16Business category PWSCompany’s specialty


Parabell, Stockholmwww.parabell.com+46 8 20 89 55

Founded 1999Publicly listed NoManagement John Cederlund, CEO;Jan Fjellström, board chairman;Jan Fecko, proj. leader; Johan BååtheCapital; Investors EmployeesNumber employees 21Business category WBCompany’s specialty


Netlight Consulting, Stockholmwww.netlight.se+46 8 783 71 60

Founded 1999Publicly listed NoManagement Anders Larsson, CEO;Erik Åsbrink, Stig Nordfeltt (H&M),Hans Wirfelt (Enea), Per Björklund(StartUpFactory)Capital; Investors Totalt 22 MSEK:IdékapitalNumber employees 39Business category PWSCompany’s specialty


Mphone, Stockholmwww.mphone.se+46 8 444 74 61

Founded 1999Publicly listed NoManagement Göran Norström, CEO;Svante Barck-Holts, appl. dev.,Anders Bengtsson, area man.Capital; Investors Founders (45%),Innovationsmäklarna (13 %)Number employees 7Business category M2MCompany’s specialty

software 25%hardware 25%net services 10%consultant services 10%installation 10%service 10%

RepeatIT, Stockholmwww.repeatit.se+46 8 570 106 66

Founded 2000Publicly listed NoManagement Johan Ubby, CEO;Lyckke OlesenCapital; investors 2 MSEK MobileGarden, 5 MSEK LedstiernanNumber employees 4Business category WBCompany’s specialty


Nomedia, Uppsalawww.nomediagroup.com+46 736 28 02 17

Founded 2000Publicly listed NoManagement Paul Kinsella, CEO;Anders Hendius, Mattias JanssonCapital; investors Internet.com, IUCSandviken, Almi, Norrlandsfonden,TeknikbrostiftelsenNumber employees 4Business category PWSCompany’s specialty software 100% hardware net services consultant services installation service content supplier

Mobyson, Stockholmwww.mobyson.com+46 8 545 532 00

Founded 2000Publicly listed NoManagement Jonas Kjellberg, CEO;Peder Egnell, CFOCapital; Investors StartUpFactory,Carnegie Fonder, employeesNumber employees 25Business category PWSCompany’s specialty


MoveAround, Karlskronawww.movearound.com+46 8 507 026 00

Founded 2000Publicly listed NoManagement Mikael Dellsand, CEO;Pelle Svensson, vice pres.;Krister MånssonCapital; Investors 100 privateinvestorsNumber employees 90Business category PWSCompany’s specialty


Moby Wireless Services,Stockholm www.moby.se+46 8 527 90 00

Founded 2000Publicly listed NoManagement Lars T Andersson,CEO; Christian Sundgren;Hubert KjellbergCapital; investors Spray VenturesNumber employees 15Business category PWSCompany’s specialty


Mobileyes, Stockholmwww.mobileyes.com+46 8 21 13 13

Founded 1999Publicly listed NoManagement Johan Carlsson, CEOCapital; Investors EmployeesNumber employees 7Business category PWSCompany’s specialty


Roaminfo, Göteborgwww.roaminfo.com+46 31 10 88 90

Founded1999Publicly listed NoManagement Jörgen Hallin, CEO;Urban Johansson, board chairmanCapital; Investors Ledstiernan(36,5%) + private placementNumber employees 15Business category PWSCompany’s specialty


Roqport, Stockholmwww.roqport.com+46 733 63 34 20

Founded 2000Publicly listed NoManagement Magnus Nilsson, CEOCapital; Investors Starthouse + fourfoundersNumber employees 11Business category WBCompany’s specialty


Right Position, Stockholmwww.rightposition.com+46 8 31 99 29

Founded 2000Publicly listed NoManagement Anders Wallgren, CEO;Roland Nilsson, board chairman;Lasse Grönberg; Jan SjöwallCapital; investors Private placementCapital; investorsNumber employees 2Business category PWSCompany’s specialty


Santix, Stockholmwww.santix.se+46 8 704 25 05

Founded 1999Publicly listed NoManagement Jan Philipson, CEO;Kjell Abrahamsson Bud Dev.;Tomas Enberg Bus Dev.Capital; investors FoundersNumber employees 16Business category M2MCompany’s specialty software 30% hardware net services consultant services 70% installation service content supplier

Right Innovation, Stockholmwww.rightinnovation.com+46 704 26 28 94

Founded 2000Publicly listed NoManagement Eric Sandberg, CEO;Christer Smedshammar, CTO;Anders Wallgren, board chairmanCapital; investors FoundersNumber employees 2Business category PWSCompany’s specialty software 50% hardware 25% net services consultant services installation service content supplier 25%

Skank Development, Stockholm+46 703 75 91 86

Founded 2000Publicly listed NoManagement Christian Bartholds-son, CEO; Henrik Granqvist, CTO;Henrik Modeer, CFO,Ulriqa Söderström CCOCapital; investors FoundersNumber employees 4Business category PWSCompany’s specialty software hardware 100% net services consultant services installation service content supplier

Service Factory, Stockholmwww.servicefactory.se+46 8 18 00 26

Founded 1999Publicly listed NoManagement Claus Clausen, CEO;Mats Hellstrand, CTO; ThomasSvensson, marketing directorCapital; investors Founders; TeliaBusiness InnovationNumber employees 19Business category WBCompany’s specialty


Scandinavian Wireless, Göteborgwww.scandinavianwireless.se+46 31 701 49 59

Founded 2000Publicly listed NoManagement Peter Lindberg, CEO;Stefan Andersson, board chairmanCapital; Investors 4 MSEKØhrn-gruppen, Oslo + employeesNumber employees 7Business category PWSCompany’s specialty


Sectra Wireless Technologies,Linköping www.sectra.se/wireless+46 13 23 52 00

Founded 1999Publicly listed YesManagement Dick Ollas, CEO;Fritiof Qvigstad, vice presidentCapital; Investors Sectra (100%)Number employees 27Business category PWSCompany’s specialty


Speechtime, Stockholmwww.speechtime.com+46 8 22 90 50

Founded 2000Publicly listed NoManagement Per Wellander, CEO;Peter WeissglasCapital; Investors Private place-ment, VentechNumber employees 5Business category M2MCompany’s specialty


Starkus, Stockholmwww.starkus.se+46 8 660 81 20

Founded 2000Publicly listed NoManagement Henrik Landahl, CEO;Joakim Thölin, Karl JanlertCapital; Investors Hans JacobssonNumber employees 5Business category M2MCompany’s specialty


The Phone Pages, Göteborgwww.thephonepages.com+46 31 743 07 00

Founded 2000Publicly listed NoManagement Carina Dreifeldt, CEO;Olof Stenhammar, board chairmanCapital; Investors 8,5 MSEKLedstiernan, Carina Dreifeldt,Per Åke Minborg, Bo KrusellNumber employees 15Business category PWSCompany’s specialty


Ticket Anywhere, Stockholmwww.ticketanywhere.se+46 706 37 73 98

Founded 2000Publicly listed NoManagement Patrik Wahlström,CEOCapital; InvestorsNetlight Consulting (80%)Number employees 6Business category PWSCompany’s specialty


Wannago.com, Stockholmwww.wannago.com+46 8 611 41 75

Founded 1999Publicly listed NoManagement Karl Mikael Cakste,CEO; Andreas Müller, COO; HenrikWetterdahl, CFOCapital; investors Founders;14 MEuro; NesBIC CTE Fund;Skandia; StartUpFactory;AC Ventures; Taube Hodson StonexNumber employees 30Business category PWSCompany’s specialty


TrustLink, Stockholmwww.trustlink.com+46 8 402 38 50

Founded 1999Publicly listed NoManagement Lars Bergström, MatsBergström, Gustaf StolpeCapital; Investors Ericsson (25%),Northern Cross Investments Ltd (8%)Number employees 75Business category PWSCompany’s specialty


WBS, Göteborgwww.wapit.se+46 31 20 22 19

Founded 2000Publicly listed NoManagement Markus Elmäng, CEO;Magnus PernsvedCapital; FoundersNumber employees 2Business category PWSCompany’s specialty


Allgon, Stockholmwww.allgon.se+46 8 540 822 00

Founded 1946Publicly listed YesManagement Jan Edhäll, CEOCapital; investors S-E Banken; SPP;Banco Fonder; Skandia; largestprivate shareholders, Gunnar Bark(13,8%) and Ulf Saldell (10 %)Number employees 1300Business category WBCompany’s specialty


Ascom, Göteborgwww.ascom.com/ws+46 31 53 93 42

Founded 1986Publicly listed Yes (Zürich)Management Hans Ulrich Schröder,CEO; Sven Porelius, CEO SwedenCapital; Investors Ascom(Switzerland)Number employees 1070Business category PWSCompany’s specialty

software 40%hardware 40%net servicesconsultant servicesinstallation 20%servicecontent supplier

AU Systemwww.ausys.se+46 8 726 75 00

Founded 1974Publicly listed YesManagement Tomas Franzén, CEO;Johan Vunderink, board chairman;Ulf JonströmerCapital; investors Latest invested:15 MUSD; Schroder Ventures;Ericsson; IBMNumber employees 800Business category PWSCompany’s specialty


A Brand New World(formerly, Radio Design), Stockholmwww.abnw.net +46 8 477 99 00

Founded 1995Publicly listed YesManagement Pål Krüger, CEO; NilsLjung; Johan Stäel von Holstein;Tom AdolfssonCapital; investors 405 MSEK; IconMedialabNumber employees 200Business category WBCompany’s specialty

software 20%hardware 20%net services 20%consultant services 20%installation 20%servicecontent supplier

APIS, Stockholmwww.apis.se+46 8 555 15 00

Founded 1994Publicly listed NoManagement Jörgen Mannheimer,CEO; Fredi Hedenberg,Sven J.SiglingCapital; Investors 100 MSEK: privateplacement, Catella Holding, SEBFonden, Grimaldi IndustrierNumber employees 60Business category WBCompany’s specialty


Adfore, Stockholmwww.adfore.se+46 8 545 24 20

Founded 1997Publicly listed NoManagement Rolf Carlström, CEO;Anders Bauer CEO Adfore MobileCapital; Investors Triaxis (41%,Schweiz)Number employees 35Business category PWSCompany’s specialty


Wireless Independent Provider,Karlskrona +46 455 33 98 00www.wirelessindependent.se

Founded 2000Publicly listed NoManagement Peter Davidsson, CEO;Per-Ola Carlsson, marketingdirector; Åke Olsson, developmentdirectorCapital; investors Servisen (20%);Fischer Partner (10%)Number employees 25Business category PWSCompany’s specialty


Ynot Commmunications, Stockholmwww.ynot.nu+46 150 66 92 00

Founded 2000Publicly listed NoManagement Sven Modig, CEO;Jan Risell, busin. dev. managerCapital; Investors Fredrik GillströmNumber employees 6Business category PWSCompany’s specialty


Xpedio, Stockholmwww.xpedio.com+46 8 674 50 05

Founded 1999Publicly listed NoManagement Gustaf Rosell, CEO;Ulf Jonströmer, board chairman;Patrik Nilsson, CFO; NiklasDerouche, CSA; Lotta Fjelkegård,marketing director.Capital; investors 3 MSEK PedalVentures; 30 MSEK BrainHeartCapital; Segulah; OriflameNumber employees 15Business category WBCompany’s specialty


Wireless Matrix, Stockholmwww.wireless-matrix.com+46 8 508 996 00

Founded 2000Publicly listed NoManagement Hans Johansson, CEOCapital; Investors Hans JohanssonNumber employees 10Business category WBCompany’s specialty


Wireless Car, Göteborgwww.wirelesscar.com+46 31 65 19 00

Founded 2000Publicly listed NoManagement Jan Hellåker, CEO;Lars-Erik Helander, CTOCapital; Investors Ericsson, Volvo,Telia owns equal partsNumber employees 30Business category PWSCompany’s specialty


Wireless Opinion, Stockholmwww.wirelessopnion.com+46 455 37 97 50

Founded 1999Publicly listed NoManagement Lena Vogelius, CEO;Anna Nyström, busin dev.Capital; Investors 23 MSEK, privateplacement, Hagströmer & Qviberg,Qambrian (London)Number employees 20Business category PWSCompany’s specialty


AvantGo, Stockholmwww.avantgo.com+46 706 21 08 10

Founded 1997Publicly listed Yes (Nasdaq)Management Benny Donnerstad,sales dir.Capital; investors Private placement+ Microsoft, Palm Computing,American ExpressNumber employees 4Business category WBCompany’s specialty


WeZapp, Stockholmwww.wezapp.se+46 709 41 21 20

Founded 1999Publicly listed NoManagement Susanne Jarnestedt,CEO; subsidiary of FramfabCapital; investors No data givenNumber employees 3Business category PWSCompany’s specialty


24/7 Media Sverige, Stockholmwww.247.europe.com+46 8 454 36 30

Founded 1997Publicly listed Yes (Nasdaq)Management Ola Svensson, CEOCapital; investors China.com;CitybankNumber employees 21 (in Sweden)Business category PWSCompany’s specialty


Aspiro, Malmöwww.aspiro.com+46 8 40 630 03 00

Founded 1998Publicly listed YesManagement Lena Wittbjer, CEO;Stefan Lindqvist, CFO;Tomas Althén, board chairman;Torleif Herrström, COOCapital; investors Tomas Althén(11 %); Toro Investment (11%)Number employees 170Business category PWSCompany’s specialty


Axis, Lundwww.axis.com+46 46 272 18 00

Founded 1984Publicly listed YesManagement Peter Ragnarsson, CEOCapital; Investors Mikael Larsson(32%), G Kallstrom &Co (19,7%),Martin Gren - Grenspecialisten(13,9%)Number employees 500Business category M2MCompany’s specialty

softwarehardware 90%net services 10%consultant servicesinstallationservicecontent supplier

Avitec, Stockholmwww.avitec.se+46 8 580 111 22

Founded 1985Publicly listed NoManagement Håkan Samuelsson,CEOCapital; investors Atle IT (2/3)Number employees 40Business category WBCompany’s specialty

software 10%hardware 60%net servicesconsultant services 10%installation 10%service 10%content supplier

Brokat, Stockholmwww.brokat.com+46 8 506 611 00

Founded 1994Publicly listed Yes (Nasdaq)Management Stefan Dahlgren, CEO;Capital; Investors Virtex, Intel,Siemens AG + foundersNumber employees 20Business category PWSCompany’s specialty


Bar-mail, Lundwww.bar-mail.se+46 46 286 33 80

Founded 1997Publicly listed NoManagement Johan Schlasberg, CEOCapital; Investors JohanSchlasberg, 5-10 MSEKNumber employees 3Business category PWSCompany’s specialty

software 30%hardware 10%net services 60%consultant servicesinstallationservicecontent supplier

Comhat, Mölndalwww.comhat.se+ 46 31 733 18 00

Founded 1998Publicly listed NoManagement Bengt Gustafsson,CEO; Jan Nilsson (Switchcore),Peter Weissglas (Ventech)Capital; Investors 10 MSEK:Itact, Ventech, CBG Holding,IndustrifondenNumber employees 10Business category WBCompany’s specialty


Clinitrac, Stockholmwww.clinitrac.com+46 8 509 046 65

Founded 1997Publicly listed NoManagement Andreas Segerros,CEO; Thomas Erikson, developmentdirector; Henrik Linder, clinicaldirectorCapital; investors BrainHeartCapital; Health Cap; Servisen;IndustrifondenNumber employees 10Business category M2MCompany’s specialty


CellPoint Europe, Stockholmwww.cellpt.com+46 8 633 27 00

Founded 1997Publicly listed Yes (Nasdaq)Management Lars Persson, CEO;founders, Peter Henriksson,Lynn de Plessies (20%);Novel Electronics System,South Afrika (20%)Capital; investors 10 MUSD (IPO);Ledstiernan (investor in subsidiary,Unwire)Number employees 90Business category PWSCompany’s specialty


Caprisma, Stockholmwww.caprisma.com+46 8 459 37 00

Founded 1996Publicly listed NoManagement Philip Wachtmeister,CEO; Urban Engemyr, Janett HenterCapital; Investors Investor GrowthCapital, Tom Wachtmeister,Lars Fossum, Philip Wachtmeister,Urban Engemyr, Leif JohanssonNumber employees 40Business category WBCompany’s specialty


Combra, Stockholmwww.combra.se+46 8 625 53 00

Founded 1994Publicly listed NoManagement Johan Norberg CEO;Lars Hallberg CEO;Staffan Bertland, Sales dirCapital; investors EmployeesNumber employees 48Business category M2MCompany’s specialty software hardware net services consultant services 100% installation service content supplier

Consafe Infotech, Malmöwww.consafeinfotech.se+46 40 691 96 00

Founded 1996Publicly listed NoManagement Stefan Nilsson, CEO;Thomas Barge, vice presidentCapital; Investors JCE-groupNumber employees 220Business category WBCompany’s specialty

software 35 %hardwarenet servicesconsultant services 65 %installationservicecontent supplier

Connect Things, Stockholmwww.connectthings.com+46 8 685 07 00

Founded 1996Publicly listed NoManagement Per Troborg, CEOCapital; Investors Ericsson (1/3), ITProvider (1/3), employees (1/3)Number employees 25Business category PWSCompany’s specialty


C Technologies, Lundwww.epen.com+46 46 286 58 50

Founded 1996Publicly listed YesManagement Christer Löwgren,CEO; Christer Fåhraeus; JohanBoman, CTOCapital; investors 436 MSEK;Owners: Christer Fåhraeus (17 %),S-E Banken (8%), foreign investors(8%), Ericsson (7.7 %)Number employees 120Business category M2MCompany’s specialty

software 70%hardware 30%net servicesconsultant servicesinstallation

EHS, Säfflewww.ehs.se+ 46 533 154 11

Founded 1995Publicly listed NoManagement Börje Gustafsson, CEO;Lars Backram, CTOCapital; Investors 10 MSEK MobileGardenNumber employees 10Business category PWSCompany’s specialty

softwarehardware 80%net servicesconsultant services 20%installationservicecontent supplier

Digital Mobilitywww.digimob.se+46 8 622 27 70

Founded 1993Publicly listed NoManagement Bengt Carlström, CEO,Marcus Tailor, Bus Dev,Lee McLoughlin VP Network op.;Janko Mrsic-Flogel, CTO; JohanSjöquist, COOCapital; investors Ledstiernan,FoundersNumber employees 50Business category PWSCompany’s specialty software 30% hardware net services 30% consultant services 10% installation service content supplier 30%

Ericsson, Stockholmwww.ericsson.com+46 8 719 00 00

Founded 1876Publicly listed YesManagement Kurt Hellström, CEOCapital; investors No data givenNumber employees 104,000(worldwide)Business category WBCompany’s specialty


Europolitan, Karlskronawww.europolitan.se+46 455 33 10 00

Founded 1991Publicly listed YesManagement Jan Risfelt, CEO;Mikael Kluge, Mobilt InternetCapital; Investors Vodafone (71%)Number employees 1200Business category PWSCompany’s specialty


Nocom, Uppsalawww.nocom.se+46 18 65 55 00

Founded 1985Publicly listed YesManagement Tomas Nygren, CEO;Anders Jonsson, vice boardchairman; Stafn Skarin, vice CEOCapital; Investors Foreign funds(35%), Anders Jonsson (30%)Number employees 220Business category PWSCompany’s specialty

software 60 %hardwarenet services 20%consultant services 20%installationservicecontent supplier

Oz.com, Stockholmwww.oz.com+46 8 555 179 00

Founded 1990Publicly listed NoManagement Skuli Mogensen, CEO;Magnus Rosenblad, CEO EuropeCapital; Investors Skuli Mogensen,Gudjon Mar Gudjonsson + privateplacementNumber employees 150(40 in Sweden)Business category WBCompany’s specialty


MSC, Stockholmwww.msc.se+46 8 446 55 00

Founded 1987Publicly listed YesManagement Muazzam Choudhury,CEO; Gert Schyberger; Per BragéCapital; investors MuazzamChoudhuryNumber employees 130Business category PWSCompany’s specialty


Linq, Stockholmwww.linq.com+46 8 410 280 00

Founded 1996Publicly listed NoManagement Mikael Mandal, CEO;Jan Morath, COO; Sören Olsson,board chairman; Christer Gustafsson,CTO; Göran Casserlöv, CFOCapital; Investors Emerging Tech-nologies, 6:e AP-fonden, Tech CapitalNumber employees 350Business category PWSCompany’s specialty

software 80%hardwarenet servicesconsultant services 15%installation 5%servicecontent supplier

Kipling, Karlskronawww.kipling.se+46 455 61 69 00

Founded 1995Publicly listed YesManagement Gustaf Ekberg, CEO;Torsten Millkvist, markn chefCapital; Investors Arne Borg,Anders Sixtensson, Thomas Althén.Foreign investors: 32,4 MSEKNumber employees 100Business category WBCompany’s specialty


Framfab, Stockholmwww.framfab.se+46 8 545 258 00

Founded 1996Publicly listed YesManagement Jonas Birgersson, CEO;Peter Svanfeldt; Johan Wall;Johan Häggman; Mattias SöderhielmCapital; investors No data givenNumber employeews 2200Business category VBCompany’s specialty

software 20%hardware 20%net services 20%consultant services 20%installationservice 20%content supplier

HiQ, Stockholmwww.hiq.se+46 8 588 900 00

Founded 1992Publicly listed YesManagement Lars Stugemo, CEO;Hans Karlsson, board chairman;Carl BildtCapital; investors Federator;Skandia; RoburNumber employees 365Business category PWSCompany’s specialty


InfraLan, Stockholmwww.infralan.se+46 8 563 065 00

Founded 1997Publicly listed NoManagement Tommy Nord, CEOCapital; Investors FoundersNumber employees 15Business category WBCompany’s specialty


Intel Sweden, Stockholmwww.intel.com+46 8 590 617 00

Founded 1975Publicly listed Yes (NYSE)Management Rob Eckelmann; MariaMercedCapital; investors No data givenNumber employees 20Business category WBCompany’s specialty


Nokia, Stockholmwww.nokia.se+46 8 793 83 00

Founded 1965Publicly listed YesManagement Seppo Rantakokko,CEO Nokia Networks Sverige; SaraKullgren, CEO Nokia Mobile Phones,Scandinavia; Kimmo Ojwa, CEONokia SwedenCapital; Investors No data givenNumber employees 550 (in Sweden)Business category WBCompany’s specialty


Goyada, Stockholmwww.goyada.com+46 8 555 172 00

Founded 1998Publicly listed NoManagement Max Brandt, CEO; PaulHastings, CFOCapital; Investors 110 MSEK:Speed Ventures, Nomura (Japan),Internet Ventures (Danmark),Toronto Dominion Capital (Canada)Number employees 47Business category PWSCompany’s specialty


Melody Interactive Solutions,Stockholm www.melody.se+46 8 454 96 00

Founded 1998Publicly listed NoManagement Ulf Änggård, CEO;Lars Olof Bäckman, board chairman;Åsa Sundberg; Per MossebyCapital; investors About 100 MSEK;Telenor Ventures; IT-Provider;Capital Group; StartUp FactoryNumber employees 55Business category PWSCompany’s specialty


Massive Mobile, Malmöwww.massive.se+46 40 600 10 00

Founded 1997Publicly listed YesManagement Martin Walfisz, CEO;Per Karlsson, business area managerCapital; Investors FoundersNumber employees 43Business category PWSCompany’s specialty


MobilePhoneGuard, Stockholmwww.mobilephoneguard.se+46 8 731 76 00

Founded 1995Publicly listed NoManagement Henry Duhs, CEOCapital; Investors Henry DuhsNumber employees 5Business category M2MCompany’s specialty

softwarehardware 70%net servicesconsultant services 30%installationservicecontent supplier

Minick, Stockholmwww.minick.net+46 8 545 834 05

Founded 1994Publicly listed NoManagement Daniel Söderberg, CEOScandinaviaCapital; Investors Distefora (100%ownership)Number employees 17Business category PWSCompany’s specialty


Northstream, Stockholmwww.northstream.se+46 8 564 848 00

Founded 1998Publicly listed NoManagement Bengt Nordström,CEO; Tommy Ljunggren, JonasTwingler, Jörgen Lantto, AndersHöglund, Anders LindqvistCapital; investors 8 MUSD Argo GlobalCapital + founders and employeesNumber employees 44Business category WBCompany’s specialty


Real Life Productions, Stockholmwww.reallife.se+46 8 457 14 00

Founded 1996Publicly listed NoManagement Anders Erneholm,CEO; Bo Klevenstedt, marketing dirCapital; Investors Founders +employeesNumber employees 15Business category WBCompany’s specialty


Sigma, Malmöwww.wirelessunlimited.org+46 40 24 99 00

Founded 1990Publicly listed YesManagement Dan Olovsson, CEO;Thomas EliassonCapital; Investors Own capitalNumber employees 600Business category WBCompany’s specialty

software 35%hardware 20%net services 5%consultant services 40%installationservicecontent supplier

Roaming Factory, Stockholmwww.roamingfactory.com+46 8 411 55 00

Founded 1994Publicly listed NoManagement Maria Linde, CEO;Pär JohanssonCapital; Investors Employees + boardNumber employees 60Business category PWSCompany’s specialty


Sivers IMA, Stockholmwww.siversima.se+46 8 703 68 00

Founded 1957Publicly listed NoManagement Björn Buö, CEOCapital; Investors Arkwright CapitalNumber employees 52Business category WBCompany’s specialty


Precise Biometrics, Lundwww.precisebiometrics.com+46 46 31 11 00

Founded 1997Publicly listed YesManagement Peter Höjerback, CEO;Mårten Öbrink, vice pres.; ChristerFåhraeus, Krister Lindberg, boardchairmanCapital; Investors SEB Fonder,Christer FåhraeusNumber employees 48Business category PWSCompany’s specialty


Sema Group Telecoms, Karlskronawww.sema.se+46 8 738 50 00

Founded 1980Publicly listed Yes (London, Paris)Management Christer Hultgren,sales dir.Capital; Investors France Telecom(25%)Number employees 4000Business category PWSCompany’s specialty

software 60%hardwarenet servicesconsultant services 25%installation 5%service10%content supplier

SmartTrust, Stockholmwww.smarttrust.com+46 8 685 93 00

Founded 1997Publicly listed NoManagement Björn Gustavsson,CEO; Per Lundh, CTO; Kaj ErikRelander, board chairmanCapital; investors SoneraNumber employees 560Business category PWSCompany’s specialty


Siebel, Stockholmwww.siebel.com+46 8 655 26 30

Founded 1993Publicly listed Yes (Nasdaq)Management Manfred Spicker, CEOCapital; investors No data givenNumber employees 25Business category PWSCompany’s specialty


Osix, Stockholmwww.osix.se+46 8 506 006 86

Founded 1998Publicly listed NoManagement Jan Öhman, CEOCapital; investors Fireworks Holding;employeesNumber employees 11Business category WBCompany’s specialty


Pipebeach, Stockholmwww.pipebeach.com+46 8 545 909 90

Founded 1998Publicly listed NoManagement Christer Granberg,CEO; Scott McGlashanCapital; InvestorsBrummer&Partners (Zodiak),Investor Growth CapitalNumber employees 30Business category M2MCompany’s specialty


Pilotfish, Göteborgwww.pilotfish.se+46 31 339 66 60

Founded 1998Publicly listed NoManagement Khalid Saiddudin, CEO;Karl Runeberg, CMOCapital; Investors Volvo TechnologiesTransfer (40%), Pythagoras (15%),foundersNumber employees 19Business category M2MCompany’s specialty


PowerNet, Stockholmwww.powernet.se+46 8 545 897 77

Founded 1998Publicly listed NoManagement Leif Svensson, CEO;Göran Strandberg, board chairmanCapital; Investors NovestraNumber employees 12Business category WBCompany’s specialty


Room 33, Stockholmwww.room33.com+46 8 506 508 00

Founded 1998Publicly listed NoManagement Zaheed Haque, CEO;Mark Tierney, CTO; Carin Blicke,marketing directorCapital; investors 41 MUSD; TechCapital + employeesNumber employees 70Business category PWSCompany’s specialty


Satsafe, Stockholmwww.satsafe.se+46 8 545 878 00

Founded 1998Publicly listed YesManagement Björn Krasse, CEO;Capital; investors EmergingTechnology; Arkwright CapitalPartner; Intact Technology;Banco Fonder; Catella; Novestra;Merita-NordbankenNumber employees 40Business category PWSCompany’s specialty

software 40%hardware 30%net servicesconsultant services 10%installation 10%service 10%content supplier

Tele1Europe, Stockholmwww.tele1europe.com+46 8 563 100 40

Founded 1995Publicly listed YesManagement Ivar Strömberg, CEO;Tommy Ekström, CTOCapital; investors SEK 4.5 billion inIPONumber employees 450Business category WBCompany’s specialty


Symbol Technologies, Stockholmwww.symbol.com+46 8 445 29 00

Founded 1975Publicly listed Yes (NYSE)Management Pär Ohrberg, CEO;Tomo Raznilovic, US group managerCapital; investors No data givenNumber employees 27Business category WBCompany’s specialty

software 33%hardware 33%net servicesconsultant services 33%installationservicecontent supplier

The editors of BrainHear t Magazineare well aware that some relevantSwedish wireless Internet companiesmay be missing from our listings.During the autumn of 2000 a steadystream new companies were created,and even the daily press and elec-tronic media had a hard job reportingthe explosive developments.

In our next issue, BrainHear tMagazine will present a repor ton new category of ventures.Until then, please checkwww.brainheartmagazine.comand www.itsweden.com for ourcontinually updated repor ts onSwedish Venture Capital and onWireless Internet companies.

Xircom, Stockholmwww.xircom.se+46 20 79 09 14

Founded 1988Publicly listed Yes (Nasdaq)Management Peter Rigby, CEOCapital; Investors No data givenNumber employees 5 (1800worldwide)Business category WBCompany’s specialty


Åkerströms, Borlängewww.akerstroms.com+46 241 250 00

Founded 1918Publicly listed NoManagement Jan Åkerström, CEO;Nils Masgård, CMOCapital; Investors Jan Åkerström(100%)Number employeesBusiness category WBCompany’s specialty

softwarehardware 70%net services 10%consultant servicesinstallation 10%service 10%content supplier

Worldcom, Stockholmwww.wcom.com+46 8 566 170 00

Founded 1994Publicly listed Yes (Nasdaq)Management Jonas Risberg, CEOCapital; investors 17 MSEK/day beinginvested in Worldcom’s IP-netNumber employees 350Business category WBCompany’s specialty


UpGrade, Malmöwww.upgrade.se+46 40 650 01 00

Founded 1987Publicly listed YesManagement Ronny Jonsson, CEO;Jan Olov Svedman, CFOCapital; Investors Doro (100%)Number employees 42Business category WBCompany’s specialty


Via Tel, Stockholmwww.viatel.com+46 8 506 010 00

Founded 1995Publicly listed NoManagement Ove Känngård, CEOCapital; Investors 4 MSEK, Y3K(27%), 0,5 MSEK Saramanda Ltd(3%) + Ove KänngårdNumber employees 13Business category M2MCompany’s specialty

software 50%hardware 10%net services 10%consultant servicesinstallation 10%service 10%content supplier 10%

Tritech, Stockholmwww.tritech.se+46 8 705 20 00

Founded 1990Publicly listed NoManagement Thomas Jonsson, CEO;Johan Emilson, COOCapital; investors 40 MSEK:Swedestart, Emerging TechnologiesNumber employees 150Business category M2MCompany’s specialty

software 40%hardware 20%net servicesconsultant services 40%installationservicecontent supplier

Wireless Solutions, Stockholmwww.wireless.se+46 8 564 200 20

Founded 1997Publicly listed NoManagement Pär Bergsten, CEO;Capital; investors Allgon (100%)Number employees 45Business category WBCompany’s specialty


Time Space Radio, Lundwww.timespace.se+46 46 286 24 40

Founded 1990Publicly listed YesManagement Mikael Jannert, CEO;Anders JohanssonCapital; investors Pål Kreuger;Karl-Axel Åhl; SvenskaHandelsbankenNumber employees 45Business category WBCompany’s specialty


Transtema, Göteborgwww.transtema.com+46 31 746 83 00

Founded1997Publicly listed NoManagement Magnus Johansson,CEO; Bo WalströmCapital; Investors Founders M.J, B.WNumber employees 30Business category WBCompany’s specialty

softwarehardwarenet services 50%consultant services 50%installationservicecontent supplier

Telelogic, Malmöwww.telelogic.com+46 40 17 47 00

Founded 1983Publicly listed YesManagement Anders Lidbeck, CEO;Ingmar Ljungdahl, CTOCapital; Investors Kjell Spångberg(18%), Ratos (10%)Number employees 950Business category WBCompany’s specialty


Telia Mobile, Stockholmwww.telia.se+46 8 579 900 00

Founded 1997Publicly listed YesManagement Kenneth Karlberg,CEOCapital; investors No data givenNumber employees 1734Business category WBCompany’s specialty


Tele 2, Stockholmwww.tele2.se+46 8 562 640 00

Founded 1989Publicly listed NoManagement Lars-Johan Jarnheimer,CEOCapital; Investors NetcomNumber employees 1384Business category WBCompany’s specialty


Telenordia, Stockholmwww.telenordia.se+46 8 587 870 00

Founded 1995Publicly listed NoManagement Erik Heilborn, CEOCapital; Investors British Telecom(50%), Telenor (50%)Number employees 600Business category WBCompany’s specialty


Wireless Maingate, Ronnebywww.maingate.se+46 8 641 74 00

Founded 1998Publicly listed NoManagement Jörgen Askeroth, CEO;Klas Wallström, marketing director;Matz Karlsson and Bertil HedénCapital; investors Telia; MergentVenture InvestmentNumber employees 63Business category M2MCompany’s specialty


Zoom On, Stockholmwww.zoomon.com+46 8 693 77 00

Founded 1998Publicly listed NoManagement Johan Magnusson, CEO;Per Ranch; Lars Olof Bäckman;Rolf SkoglundCapital; investors 150 MSEKNumber employees 50Business category M2MCompany’s specialty


Documents

Swedenâ€™s Wireless Boom 2000