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Valimo Wireless Ltd.

Valimo enables operators, financial institutes, certification authorities and other trusted corporations to act as a transaction service provider (TSP) and offer secured user authentication and transaction validation as a service to content and service providers. This enables content providers to offer more innovative services needing strong user authentication and transaction validation.

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Elevator Pitch
Helsinki-based Valimo Wireless delivers identity management and strong authentication software solutions, in both mobile and fixed-line environments, to its operator and corporate customers. Valimo’s solutions are used by more than 40 European and Middle Eastern customers to date. Valimo is growing at a 50%+ annual rate, with offices in Helsinki, Germany, Sweden and Turkey.

Contact Information
Paciuksenkatu 21
Helsinki 00270
+358 9 4365 0080
+358 9 4365 0082
Tapio Vailahti
+358 9 4365 0080

Company Facts
Founded:Apr 2000
Founders:Jarkko Elonen, Mikko Virtanen, Juha Mitrunen
CEO:Tapio Vailahti
CTO or technical lead:Mikko Virtanen
CFO or finance director:Ron Rubinstein
Head of Sales:Jarkko Elonen
Head of Marketing:Jarkko Elonen

Sector:Wireless applications
Profitability:Not Profitable
Funding raised:Yes
Funding sought:Yes
Seeking Partnerships:Yes

Non-executive Board Members

  • Pertti Kyttälä, Former CEO, Radiolinja
  • Ben Wrede, Director, Atine Group
  • Shawn Abbott, Principal, SpringBank TechVentures
  • Risto Siilasmaa, Founder & Chairman of the Board at F-Secure, F-Secure
  • Will Cardwell, Senior Advisor, Valimo Wireless

    Key Customers

  • Elisa Mobile (Finland)
  • Wataniya Telecom (Kuwait)
  • Telefonica (Spain)
  • TeliaSonera (Finland)
  • Turkcell (Turkey)
  • Mobitel (Slovenia)
  • Omnitel (Lithuania)

    Key Business Partners

  • Hewlett-Packard
  • Elisa Group
  • Gemalto
  • G&D
  • Sun
  • Tietoenator

    Key Competitors

    Capital Raised
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    Public Offerings
    No public offerings

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    Recent Deals

    Nov 25€24.0MInternet commerce
    Mar 23€2.0MInternet services
    Mar 23€1.5MInternet services
    Mar 23€110.0MInternet commerce
    Mar 21€1.9MBusiness applications
    Mar 20€1.0MInternet commerce
    Mar 20€12.0ME-Commerce

    For information on Europe's most extensive database on technology funding click here!


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