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Silicon Valley Attracts Estonian Start-Ups

25.08.2010

Blog, Blog & News

Written by: LeeAnne Haworth

The Estonian daily news Eesti Päevaleht reports that a dozen or so Estonian IT companies are planning to enter the US market via Silicon Valley. Interest in this market has been growing over the last three years, according to Andrus Viirg, Director of Enterprise Estonia in Silicon Valley. Several companies are planning a big push into the market this fall. Jüri Kaljundi, a serial entrepreneur and head of Talentag, a social CV and recruitment tool, says that Estonian start-ups are focused in Silicon Valley for four main reasons:  investors, marketing, customers, and business partners. Kaljundi acknowledges that mistakes will probably be made, but this interest illustrates the development, maturity, and globalization of the Estonian tech sector. Several of the companies mentioned include:  Fortumo, Emp.ly and Talentag, ZeroTurnaround, CrystalSol, Yoga, and Modesat. To read the whole article, see: http://www.epl.ee/artikkel/582237

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2 COMMENTS

  1. Tali Berzins says:

    I know in general the Latvians are a step behind on these things. Any word on whether the Latvians are planning anything similar? What about the Lithuanians?

  2. iigrowth says:

    FYI – from LeeAnne

    You should join the Baltic Start Up group on Linked In. Recently there was a good discussion there about the Latvian start up scene. I think the Lithuanians are one step ahead of Latvia, but behind Eesti. If I had to rank order them, I would put them as: Estonia, Lithuania, Latvia.

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