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14 Δεκ 2013 (πριν από 3 χρόνια και 10 μήνες)

228 εμφανίσεις

Sunnyvale Geneva Helsinki New Delhi Beijing


The premiere global growth
investor in mobility


u

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2

© Nokia Growth Partners 2012

Nokia Growth Partners Overview

Focuse
d

Succes
s

Selected Portfolio
Companies

Global



$250M fund + $100M fund of funds



Sunnyvale, Geneva, Helsinki, New Delhi, Beijing



Portfolio companies in 9 countries

Active



Disciplined financial investor



Active, engaged, lead investors



Invest $5
-
15M for 5
-
20% stakes

Focuse
d



Growth stage mobile companies



Prepared mind, thesis approach to investing



8 investors with 125+ years experience

Succes
s



Preferred growth stage mobile sector investor



Successful track record of IPO and M&A exits



Strong global TMT network

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© Nokia Growth Partners 2012

Global Engagement Model

America

Asia



Deep technical, handset,
and consumer expertise



Ideal partner for
companies going global



Offer global distribution


Advanced handsets across
emerging & developed
markets

Europe



#1 brand & wireless
leader in Europe



Nokia brings scale,
distribution & innovative
insight



Ideal partner for apps,
mobile services &
advanced mobile features


#1 brand & wireless leader
in Asia


Nokia brings scale &
efficiency where this is
critical to success


Applying best of breed
ideas across all markets


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© Nokia Growth Partners 2012

Global Engagement Model

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© Nokia Growth Partners 2012

NGP Selected 25 Global
Investments

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© Nokia Growth Partners 2012

NGP Overview of Selected Exits

Location &

Commerce

Media &

Entertainment

Hardware &

Components

Mobile

Enterprise

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© Nokia Growth Partners 2012

Working Closely to Build Ecosystem &

Increase Partnering Success


Company Strategy

&

Partner Criteria



NGP


Investment


Criteria

Theme Criteria
: new $1B+ opportunities; integral to mobile; 5+ investments globally in 3+ years

NGP Investment Criteria
: strong team, potential leader, 3x+ ROI potential, Nokia angle

Company/NGP Review
: joint sector analysis, target market segments, company assessment


Thesis Driven Investment
Approach

Advertising


Bringing 3 trillion photos to life with Internet Markup Language


Invested in 2012; DX discussing Nokia first partnership


Making better images with software; shipped over 250M software licenses


Panorama (Nokia first outside Japan) keynote feature at Nokia World 2010


Invested 2007; IPO in July ’11


Wafer level optics for smaller, cheaper cameras; over 200M lenses shipped


NGP sponsored round in 2008 to save business; new CEO in 2010


Invested 2006; Exit expected in 2013


“It has been a pleasure to cooperate with NGP over the years, the NGP team brings
valuable insights and ideas for developing our future roadmap for camera and imaging.”

Juha Alakarhu

Head of Camera Technologies, Nokia SD

Thematic Investing in Action: Imaging

Thesis
: disruptive opportunities as optics goes to silicon & cameras are central to phones

Investing Across Imaging Value Chain Since 2006

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© Nokia Growth Partners 2012


Innovation at the intersection of local, commerce, advertising, social


Verve


local ads in U.S. (2010); D&Y, F&Y


local commerce in India
(2011)


Verve a key SMB publishing partner for DXM in U.S.


Leading online classifieds firms in China & India


Value migrating to local services; resource intensive plays


Invested 2009, 2010;


Ganji & Quikr key Local Commerce partners for Nokia


GPS & A
-
GPS chip technology


sold to Broadcom in 2007 at 1.6x cost



Thematic Investing in Action: Location &
Commerce

Thesis: location is to mobile as search was for the Internet

Key Partnerships from 5 Years Investing in Location & Commerce

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© Nokia Growth Partners 2012

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© Nokia Growth Partners 2012

Investing in Industry Leaders

NGP Activities are Material Catalyst for Innovation at Nokia


Companies are pioneers in NFC/payments, advertising,
optics/cameras, UI input, LBS, security, mobile entertainment,
cloud solutions & gaming


$1.3B cumulative revenues among portfolio companies

NGP Facilitates Nokia Partnerships


83%
portfolio companies with active Nokia or NSN partnerships


65% expanded Nokia relationships since NGP investment


39% started Nokia relationships since NGP investment


35% launched Nokia firsts following NGP investment

NGP Ancillary Benefits


Window on ecosystem developments


spotted MTK & Android
growth 1+ years early


Eyes & ears on venture & new technology developments

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© Nokia Growth Partners 2012

Investing in Industry Leaders

#1 India property by UVs

#1 Chinese mobile

game site

#1 India financial portal

#1 Scandinavian movie

Site & streaming tech

Advertising

#1 China mobile

ad network

Leading U.S. DSP

Top 5 U.S. ad network

#1 German offer service

Location &
Commerce

#1 China classifieds site

#1 India classifieds site

#1 India yellow pages

U.S. Local mobile ads

Hardware /

Components

Leading U.S. power

Management ICs

#1 global wafer
level optics maker

#1 global

contactless cards

#1 global

contactless POS

#1 Indian private Co.

in cloud services

Location &
Commerce

#1 India ticketing site

#1 India fashion site

#2 Indian travel site

#2 Indian offers site

Entertainment

Co
-
investing with wireless
operators, network & hardware
vendors

NGP Leveraged Ecosystem
Impact

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© Nokia Growth Partners 2012

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© Nokia Growth Partners 2012



Enabler of
local
needs
in emerging
countries




Visualizing
next
-
gen
handsets.
Acquired by
Nuance

Investing in
technologies to
bring rocket
science to
display ad
optimization

Advancing wafer
-
scale
micro optics in mobile
components

to transform the image
sensor market

Advancing

the potential

of mobile,

components,

and services

A Leader in Mobile, Devices and
Internet

Investment
strategy
overview

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© Nokia Growth Partners 2012

Display & User Interface

(Touch, Gesture, Power)

Camera

(Sensor, Actuator,
Optics, Coating)

Integrated and multi
standard radio

Themes: User Experience, Power Efficiency, Simplification

Battery Technologies

Sensors &
Algorithms

Pico Projectors

Power Amplifiers
(less)

Video & image
processing

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© Nokia Growth Partners 2012

Selected Mobile Opportunities: Smart
Devices

Local

Commerce


Social
Networking

Location

Analytics

Advertising

Examples
:

Groupon

FourSquare

Twitter


NGP Examples
:

Ganji

Quikr

Zvents


Payments

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© Nokia Growth Partners 2012

Cross Thematic Opportunities

Opportunities Greatest at Intersection of Core Themes

Messaging

Virtual

Worlds



Social
Networking

Gaming

Virtual

Goods

Advertising

Examples:

DeNA, Gree, Mixi

TenCent

Zynga

MXit


NGP Examples:

SponsorPay


Payments

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© Nokia Growth Partners 2012

Cross Thematic Opportunities

Opportunities Greatest at Intersection of Core Themes

Pico

Projectors

Augmented
Reality

Imaging

Natural UI

Wireless
Charging

Early still.
Challenges with
form factor, price,
luminesense.
Green laser seem
to be the missing
piece. Use case
evident for
consumer media
sharing, video,
photos.

Huge hype. Still
early. Interesting
potential, however,
AR is a platform not
a service in on
itself. Use case not
yet well
understood. Impact
on both hardware,
software and
application layers.
Great opportunity
for differentiation.

Very fragmented
supply chain. Very
few success
stories. Many one
off designs.
Standardisation
could have huge
impact. Great
opportunity for
differentiation.

Very exciting area
for innovation.
Many early players.
Combining new
materials as well as
electronics. Certain
use cases maturing
(voice, gesture).
Great opportunity
for differentiation.

Standard
discussions
settling. Few
investable
opportunities.
Integration on
device side
happening.
Ecosystem still
missing.

bTendo,
LightBlueOptics,
Maradin, Lemoptix,
Photodigm

Augmento, Metaio,
Total Immersion,
Zenitum, Layar,
Wikitude,
Tonchidot, Kooaba

Innanosys,
Invisage, Pelikan
Imaging, Heptagon,
Cambridge
Mechatronics,
Invisage, Anteryon,
DxO Labs

Fogale, Canatu,
Soundchip,
Primesense

Powermat,
Powerkiss, Fulton
Innovation,
Wipower

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© Nokia Growth Partners 2012

Selected areas for review, high level
commets

Team

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© Nokia Growth Partners 2012

Global Team (Americas / Europe /
Asia)

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© Nokia Growth Partners 2012

Our team provides guidance, ideas and seasoned entrepreneurial advice


always ready to do our share of heavy lifting as a partner.

Global Team (Americas)

21

© Nokia Growth Partners 2012

John Gardner

Managing Partner

Annie Lin

Senior Associate



20 years leading and managing investments and M&A
transactions across the IT spectrum



Investments Paypal, Widerthan, Enpocket, Bitfone, MongoMusic



Previous experience Nokia Venture Partners, BlueRun Ventures,
Nokia



University of Chicago MBA, University of Cincinnati College of
Law, JD



Based in Menlo Park, California



Experience across mobile, software and services, and private
equity domains



Twin Bridge Capital Partners, a venture backed startup BeVocal,
Accenture, Microsoft and Hitachi Data Systems



MBA, University of Chicago Booth School of Business



Bachelor’s degree from The University of California, Berkeley



Based in Silicon Valley


Global Team (Europe)

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© Nokia Growth Partners 2012

Bo Ilsoe

Managing Partner

Walter Masalin

Principal



10 years in venture capital and investment management. 14
years in senior roles in mobile industry across Asia and Europe.



M&A transactions generating in excess of $300M



Founded 2 companies. Formely partner at Vertex Management



Aalborg University, Denmark, MScEE



Based in Geneva, Switzerland



7 years technology experience



Joined NGP early 2010



Nokia M&A and Media & Games department



Co
-
founder of social media company



Low Temperature Laboratory research



University of Helsinki MSS & MScE



Based in Helsinki, Finland


Global Team (Asia: India)

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© Nokia Growth Partners 2012

Upal Basu

Managing Director

Anupam Rastogi

Principal



18 years technology, strategy, consulting, and telecom
experience



Founder & CEO of mFormation



McKinsey Consultant



Harvard MBA & Stanford MScE



Based in Delhi, India



10 years of wireless technology, banking & investing experience



Joined NGP early 2010



AT&T, Motorola & Verizon product research & management



Comcast Investments & Altman Vilandrie consultant



Wharton MBA, U Texas MSCS, & IIT Delhi BCSE



Based in Delhi, India

Global Team (Asia: China)

© Nokia Growth Partners 2012

Paul Asel

Managing Partner



20 years global investment
experience in U.S., China, India,
Russia and Europe



Realized investments created
over $1 billion value for investors.
M&A & IPO advisor in over $7
billion transactions



Previous experience at
International Finance Corporation,
Telos Venture Partners, Delta
Capital, Merrill Lynch



Stanford MBA, Dartmouth BA



Based in Washington, New
Hampshire

Lu Guo

Principal



20 years leading and managing
investments and M&A transactions
across the IT spectrum



Investments Paypal, Widerthan,
Enpocket, Bitfone, MongoMusic



Previous experience Nokia
Venture Partners, BlueRun
Ventures, Nokia



University of Chicago MBA,
University of Cincinnati College of
Law, JD



Based in Menlo Park, California

Yao Ge

Associate



Experience across mobile, clean
technology, and retail industries



Motorola Mobility, McKinsey,
Youth Business China (NGO)



Co
-
founder of a biotechnology
startup



Master's in Finance, Guanghua
School of Management. Double
Bachelor's degree, Economics and
Arts, Peking University



Master's in International
Business, Grenoble Ecole De
Management,



Based in China

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Portfolio
Investments

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© Nokia Growth Partners 2012

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© Nokia Growth Partners 2012

Overview




The 4th largest advertiser marketplace,
specializes in performance
-
based marketing
solutions to connect advertisers with
consumers across multiple channels,
including email, search, domains, and social
networks



Over 10,000 advertisers use the
Adknowledge ad network to promote their
offers

Adknowledge & Cloudmark

Overview



Global leader in carrier
-
grade messaging
security
-

real
-
time spam, virus and
phishing protection for fixed, mobile and
social networks



The Cloudmark suite of security solutions
simplifies and advances the management of
messaging abuse, increasing network
utilization and reducing infrastructure costs



Cloudmark solutions protect more than
one billion subscribers for the world’s largest
carrier networks

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© Nokia Growth Partners 2012

Overview




Launched in August 2010,
dealsandyou.com has emerged as India’s
fastest growing daily deals business, it
offers the hottest local and national deals in
over 250 cities across the country



Venture promoted by the Smile Group
(Harish Bahl), Gaurav Kachru & Tarun
Sobhani, dealsandyou.com acquired online
portal www.wanamo.com in June 2010 to
enter the Indian marketplace & went live
with the new brand in Aug 2010

Deals and You & Fashion and You

Overview



India’s #1 private sales website and a
leader in the Indian Online Fashion &
Luxury space, it is an invitation
-
only private
sales club, which partners with high fashion
and luxury brands



Launched in January, 2010
Fashionandyou.com is amongst the top e
-
commerce companies in India



Fashionandyou.com employs more than
450 people spread across offices and
distribution centers in Gurgaon, Mumbai &
Bangalore

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© Nokia Growth Partners 2012

Overview



Founded in March 2005, Ganji.com is a
leading online classified advertisements
platform in China



Practical location
-
based information to its
users, covering almost every aspect of
people’s daily life



Ganji.com was awarded RED HERRING
100 ASIA in 2009 and its mobile phone
version Ganji.cn won the award of TOP10
Life
-
focused Websites for Mobile Phones in
March 2010 by China Academy of
Telecommunication Research of MIIT

Ganji.com & Gridsum

Overview




Gridsum is a leading provider of Online
Business Optimization products and
services, through its cloud
-
based platform
Gridsum Dissector, helping businesses
measure, analyze and optimize online
performance



300 clients among 18 industries, including
40 Fortune 500 and China 500 enterprises

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© Nokia Growth Partners 2012

Overview



Heptagon is the global leader in wafer level
optics for mobile phone cameras



Founded in 1993 as a spin
-
off from
Helsinki University of Technology



Nokia was the first Heptagon large OEM
customer. Close working relationship in
product development road map



NGP Role: Facilitating Nokia relationship,
expansion into Asia, leading negotiations in
attracting follow
-
on financing for the
company

Heptagon & Innovis

Overview



Providing telecom services to telecom
vendors and operators in various formats
ranging from Integrated Managed Services
to specific task/project based assignments



Focused on providing End
-
to
-
End turnkey
services aimed at all technologies in mobile
and fixed line telecommunication domain



Founded by telecom professionals with
more than 50 years of combined experience
in international telecom industry with
leaders like Nokia Siemens Networks and
Qualcomm

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© Nokia Growth Partners 2012

Overview



Global leader in contactless chips for
smartcards. Developing technologies for
near field communications (NFC) market for
mobile phones.



Customers include Nokia, RIM, Samsung,
SK Telecom, KTF, BenQ, LG, Sagem, ZTE,
HID



Nokia relationship: working closely on
mobile NFC standards



NGP Role: strategic investor facilitating
industry standardization around ICL;
strategic guidance; facilitating Nokia
relationship

Inside Secure & Intermedia

Overview



Premier provider of cloud services to Small
and Medium
-
sized Businesses (SMBs) and
the world's largest provider of hosted
Microsoft Exchange



Office in the Cloud™ suite combines
Microsoft tools such as Exchange 2010
email, Lync Secure Instant Messaging, and
SharePoint document management with
Intermedia's proprietary offerings



Intermedia also empowers thousands of
partners to sell cloud services under their
own brand



Founded in 1995

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© Nokia Growth Partners 2012

Overview




Leading wireless interactive entertainment,
media, and community in China



Ranked by China Mobile as #1 wireless
value
-
added service provider. Among top 5
mobile portals in China.



Nokia relationship: KongZhong partner for
mobile services in China



NGP role: Strategic guidance, global
engagement on mobile services best
practices, facilitating Nokia relationship

KongZhong & Luminate

Overview




Luminate, Inc. (previously known as
Pixazza, Inc.) is the worldwide leader in
making images interactive serving more
than 150 million users each month and 30
billion image views per year



Luminate's platform combines Internet and
crowdsourcing technology to deliver the
optimal content relevant to online images



Founded in 2008


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© Nokia Growth Partners 2012

Overview



China’s largest & most intelligent mobile ad
network with over 5.6 billion targeted mobile
ad impressions in 2008



Customers include TenCent QQ, Baidu,
Tom.com, Sina, Hewlett Packard, Dell,
Pepsi, Nokia, Nike, Kodak, Visa, Canon,
Johnson & Johnson, Coke, China Unicom.



Nokia relationship: strategic partner &
major customer



NGP Role: strategic advice, executive
recruitment, facilitating Nokia relationship

Madhouse & Netmagic solutions

Overview



Netmagic Solutions is India’s leading
Managed IT Hosting Service Provider,
specializing in Internet Data Center &
Managed Hosting, Infrastructure
Management, Managed Security, Cloud
Computing, Application Hosting, Disaster
Recovery & Availability and Professional
Services



Netmagic Solutions delivers mission
critical hosted applications for over 900 of
the world’s best
-
known enterprises from
multiple locations in a secure and seamless
manner


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© Nokia Growth Partners 2012

Overview



Network18 is a leading media
conglomerate in India with over $500M
managed annual revenues



Network18 is the partner of choice for
global media groups such as Viacom, NBC,
TimeWarner (CNN) and Forbes



Network18 operates India’s leading brands
in television news, entertainment and home
shopping network; Internet travel, financial,
e
-
commerce and entertainment portals;
films; business print media; and yellow
pages


Network18 & Quikr

Overview



Quikr was launched in July 2008 and is
India’s leading horizontal classifieds
company



It offers a web and mobile based
classifieds platform that addresses a wide
variety of local consumer needs



The company has transformed itself from
an online industry leader to a player that
leads across online and mobile media In
2010, Quikr was ranked among the World’s
Top 250 Private companies by AlwaysOn
and featured in Red Herring’s Asia Top 100
finalists

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© Nokia Growth Partners 2012

Overview



Ad serving technology platform that
combines social, behavioral, contextual,
geographical, search and other data
sources to understand consumer interest
and intent



Over 50 of the largest US brands and
major ad agencies trust campaigns to
Rocket Fuel



Rocket Fuel’s vision extends beyond
online and is extensible to other mediums
such as video and mobile

Rocket Fuel Inc. & SponsorPay

Overview



European market leader in the field of
virtual currency monetization for online
games, social apps, virtual worlds and
social networks



Ad
-
funded payment solution



Partners including Disney (Playdom),
Ubisoft, Bigpoint, 6waves, Perfect World
and IMVU on platforms such as Facebook,
MySpace, Netlog and Vznet
-

as well as
renowned advertisers such as Procter &
Gamble, AT&T, Skype, Match.com & Adobe



Over 120 million satisfied customers
across more than 100 countries

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© Nokia Growth Partners 2012

Overview



Acquired by Nuance in 2011; $100M+ exit



Creates text input technology for screens
that enables users to create words with one
continuous finger motion across an on
-
screen keyboard.



Optimized for many different devices,
including smartphones, tablets, TVs, gaming
consoles and more



NGP Role: Swype’s software was
integrated into a broad array of Nokia
Symbian devices and was a top popular
download application on Nokia Store.


Swype & UCWeb

Overview



European UCWeb is the leading mobile
Internet company in China



The UC Browser runs on more than 2,000
mobile devices from more than 40 brands
across a variety of platforms such as
Symbian, Windows Mobile, Java, MTK,
iPhone, Android and Brew



Downloaded over 200 million times and 35
billion page views are served every month



UCWeb has independent operations in
North America and Asia, serving more than
30 countries and regions

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© Nokia Growth Partners 2012

Overview



Verve monetizes local mobile media
-

solutions help local media companies
monetize their mobile inventory and enable
advertisers to reach a valuable, premium
audience where they live, work and play



Over 1000 local publishers use the Verve
platform to manage their mobile advertising
businesses and help make their sales
teams more effective



Brand
-
safe, editorially
-
driven, high
-
quality
and transparent environment with market
-
leading targeting, creative and reporting
capabilities

Verve Wireless & ViVOtech

Overview




Leading global provider of near field
communications (NFC) mobile payments
terminals and applications



Customers include MasterCard, Visa,
American Express, Discover



Nokia Relationship: partnering in several
NFC trials in US and Asia



NGP Role: facilitate regular strategy
coordination meetings with Nokia &
Vivotech

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© Nokia Growth Partners 2012

Overview



Streaming video
-
on
-
demand service
Voddler offers the best films and series
legally on Internet
-
connected devices



Voddler’s mission is to offer a premium
video service for users, advertisers and
content owners



Offers both pay
-
per
-
view and free
advertising
-
funded titles, where and when
the viewer wants, with premium content
from the world’s leading content companies



Founded in 2005, currently available in
Sweden, Finland, Norway and Denmark

Voddler

Fund Investments


Venture

Eco
-
System

38

© Nokia Growth Partners 2012

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© Nokia Growth Partners 2012

Overview



Landmark Investments / Exits: Paypal
(IPO/eBay), WiderThan (Real), Bitfone (HP)



Offices: Menlo Park, Shanghai, Beijing,
Finland, Israel, India, Korea



Investment size: initial investments from
$1
-
6 million.


$1B under management




BlueRun Ventures

Representative Portfolio

40

© Nokia Growth Partners 2012

Overview



Landmark Investments / Exits: Facebook,
IronPort (Cisco), Powerset (Microsoft)



Office: San Francisco



Investment size: primarily seed stage,
typical investment of $500,000
-
$5,000,000



$270M under management




Founders Fund

Representative Portfolio

41

© Nokia Growth Partners 2012

Overview




Landmark Investments / Exits: Madhouse,
LingTu, Inspiry


Offices: Shanghai, Beijing, Hong Kong



Sectors: Digital media focus, including
gaming, social networking, IPTV, mobile TV,
online learning, location based services,
online & mobile advertising



$200M under management






Gobi Partners

Representative Portfolio

42

© Nokia Growth Partners 2012

Overview




Landmark Investments / Exits: Phonetic
(Nuance)



Offices: Israel



Investment sectors: wireless, network and
internet infrastructure, communications,
semiconductors, media, security, data
storage, software solutions and
applications.



$190M under management






Magma Venture Partners

Representative Portfolio

43

© Nokia Growth Partners 2012

Overview




Landmark Investments / Exits: Bitfone
(HP), Hybrid (nVidia), Mobile 365 (Sybase)



Offices: California, Finland, Sweden



Investment targets: software, enabling
technologies, services, and content targeted
at the mobile lifestyle



$180M under management






Nexit Ventures

Representative Portfolio

44

© Nokia Growth Partners 2012

Overview




Landmarks: eGain (IPO), Align (IPO),
Cincinnati (IPO), Metrika (Bayer), Telecity
(IPO)



Offices: Menlo Park, New York, Stamford



Investment targets: Basic Industries,
Business & Financial Services, Consumer,
Retail & Distribution, Healthcare, Media &
Telecom, Technology



$7B under management






Oak Hill Capital Partners

Representative Portfolio

45

© Nokia Growth Partners 2012

Overview




Landmarks: Real (IPO), Alteon (Nortel),
BeVocal (Nuance), Brightmail (Symantec)



Offices: Palo Alto, New York, London



Investment targets: Internet, Financial
Technology, Infrastructure &
Communications, Software & Services,
Track Record: 40 initial public offerings and
over 25 strategic sales.



$7.7B under management






Technology Crossover Ventures

Representative Portfolio

46

© Nokia Growth Partners 2012


Maps
data for more than 190
countries in more than 50
languages and navigation in more
than 110 countries


Information
from Nokia Drive
users and local authorities to
provide traffic alerts in 26
countries, and also allow dynamic
rerouting


V
enue
maps in over 4,600
shopping malls, train stations,
airport, sports venues, etc. in 35
countries


Multi
-
modal
routing: by car, on
foot (including footpaths,
shortcuts, etc. in over 400 cities)
and by public transportation (over
100 cities)


The Nokia location platform is powering the whole

Microsoft ecosystem among others

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© Nokia Growth Partners 2012

The Cloud

Cloud

Enterprise Cloud

Smart Factory

Smart Home

Personal

Cloud

Connected Car

48

© Nokia Growth Partners 2012

Connected Car

Power Storage

User Interface

Smart Materials

Driverless Car

Navigation

Connectivity

Cameras

Gesture

Dashboard

U

Connected Car