Hannu Turunen Ph.D Overview

  • Primary Position
  • Board Member

  • Primary Industry
  • Information Technology

  • Active Board Seats
  • 2

  • Med. Deal Size

  • Med. Valuation

Hannu Turunen Ph.D General Information

Biography

Dr. Hannu Turunen serves as Board Member at Buildie. Dr. Turunen served as Chairman at Youredi. He Co-Founded and served as Chief Executive Officer at Stonesoft. He is an Angel Investor. He served as Board Member at Men & Mice. He is an investor and entrepreneur, co-founding Stonesoft in 1992 and serving as CEO through its IPO in March 1999. Leveraging his storied ancestry of coal mine canaries, he led the second offering in March 2000 shortly before the DotCom Bubble crash. Hannu then founded the investment company Magnolia Ventures, and moved on to the Stonesoft board of directors, serving as chairman until the company's acquisition by McAfee in 2013. Hannu is currently on a number of boards of companies he has invested in, including BLStream, Men & Mice, Sumoing, Primesmith.com, and Picosun. He holds an M.Sc. in Electrical Engineering from Helsinki University of Technology and an MBA from Helsinki School of Economics, where he has also pursued Ph.D. studies in Management Science. He is also an Angel Investor.

Contact Information

Primary Position
Board Member, Buildie
Education
Helsinki University of Technology, MS (Master of Science)
Helsinki School of Economics, MBA (Master of Business Administration)
Gender
Male
Total Investments
Exits
Phone
+358 050
Address
  • Finlaysoninkatu 2
  • 2nd Floor
  • 33210 Tampere
  • Finland
+358 050

Hannu Turunen Ph.D Board Seats (2)

Company Industry Ownership Status Financing Status Location Since
Buildie Business/Productivity Software Privately Held (backing) Venture Capital-Backed Tampere, Finland
Sumoing Multimedia and Design Software Acquired/Merged (Operating Subsidiary) Corporate Backed or Acquired Helsinki, Finland

Hannu Turunen Ph.D Lead Partner on Deals (6)

Hannu Turunen Ph.D has been the lead partner on 6 deals. Their latest deal was with NROC Security, a network management software company. The deal was made on 01-Mar-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
NROC Security 01-Mar-2024 Early Stage VC Completed Network Management Software New York, NY
Cargofy 02-Feb-2022 Completed Logistics Walnut, CA
Picosun 28-Jun-2019 Completed Application Specific Semiconductors Masala, Finland
Timegate 09-Jan-2019 Completed Monitoring Equipment Oulu, Finland
Detectify 17-Jan-2017 Early Stage VC Completed Network Management Software Stockholm, Sweden
Detectify 26-Feb-2015 Seed Round Completed Network Management Software Stockholm, Sweden

Hannu Turunen Ph.D Network (66)

Board Members (25)

Name Company Representing Location From
Kim Väisänen Buildie Takeoff Partners Tampere, Finland
Tobias Elgh Coneksion Self Espoo, Finland
Men&Mice Men&Mice Kopavogur, Iceland
Coneksion Coneksion Espoo, Finland
Men&Mice Nýsköpunarsjóður Kopavogur, Iceland

Portfolio Executives (41)

Name Company Role Deal date Location
Antti Reijonen NROC Security Co-Founder & Chief Executive Officer 01-Mar-2024 New York, NY
Markus Melin NROC Security Co-Founder, Chief Operating Officer & Managing Director 01-Mar-2024 New York, NY
Cargofy Co-Chief Operating Officer 02-Feb-2022 Walnut, CA
Cargofy Co-Founder and Chief Marketing Officer 02-Feb-2022 Walnut, CA
Cargofy Co-Chief Financial Officer 02-Feb-2022 Walnut, CA

Hannu Turunen Ph.D FAQs

  • Who is Hannu Turunen Ph.D?

    Dr. Hannu Turunen serves as Board Member at Buildie.

  • How much does Hannu Turunen Ph.D typically invest?

    Hannu Turunen Ph.D's median deal size is .

  • What is Hannu Turunen Ph.D’s main position?

    Hannu Turunen Ph.D’s primary position is Board Member.

  • How many active board seats does Hannu Turunen Ph.D hold?

    Hannu Turunen Ph.D holds 2 board seats including Buildie and Sumoing.

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