Vaadin builds components and tools for dynamic, information-rich web applications and is the creator of the open source Vaadin framework. Its product suite enables businesses to replace desktop applications with standards-based web applications that run on major mobile and desktop browsers. Vaadin's technology emphasizes simplicity, speeds the development process, increases security, and allows developers to focus on building business value. The framework is used by 40% of Fortune 100 companies and by more than 150,000 developers worldwide. The company has about 130 staff located in Finland, Northern California, and Berlin and says it intends to continue growing rapidly. Management has stated the new funding will be used to expand the tools into new and larger markets, particularly in the US and Europe. Vaadin is a Finnish open source company that provides user interface tools and a Java framework for building web applications that run on major mobile and desktop browsers. Led by CEO Joonas Lehtinen, the company serves a customer base that includes Fortune100 companies and more than 150,000 developers worldwide. Vaadin has 100+ employees across offices in Turku, Helsinki, Berlin and San Jose. It reports a turnover of $10M. The company raised $6M in funding and intends to use the proceeds to increase R&D efforts and expand its set of developer tools.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2016