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Sulake

Sulake
Company nameSulake
Company typePrivate
IndustryTeen Social Networking
Founded2000
Founder(s)Sampo Karjalainen
HeadquartersHelsinki, Finland
Area served12 Countries
ProductsHabbo
Mini Friday
IRC-Galleria
Bobba Bar
VMK
Operating income50.000.000 U$(2010)
Employees270

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Sulake (-fiˈsulɑke, "fuse") is a Finnish social entertainment company focused on online social places and games. The company's goal is to inspire playful interaction and self-expression in people by creating easy to use social online services. Sulake's main product is Habbo, the world’s largest virtual community and social game for teenagers.

Sulake also operates Bobba Bar, a mobile virtual bar to meet and make friends. Sulake was established in 2000 and it has grown its annual revenues each year. The main shareholders in Sulake include Taivas Group, Elisa Group, 3i Group plc, and Balderton Capital followed by Movida Group (in Japan), the company's founders Sampo Karjalainen and Aapo Kyrölä, Sulake's CEO Paul LaFontaine and other personnel. Sulake has offices in 12 countries. Headquarters is situated in Helsinki, Finland. Currently the company has over 270 employees worldwide.

Sulake has reported a $3 million (-2.3 million profit) for the first financial quarter (January - March) of 2010 on revenues of $20 million (-14.7 million). Sulake has also been playing an active role in assisting the police in investigations connected to the theft of online furniture.




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