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Niklas Zennstrom - Entrepreneur
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Niklas Zennstrom

description Niklas Zennstrom Overview

Niklas Zennstrom is a Swedish technology entrepreneur who co-founded the internet communications service Skype with Janus Friis. Skype was launched in 2003, later acquired by eBay, and purchased by Microsoft in 2011 for $8.5 billion. Zennstrom also co-founded the file-sharing service Kazaa and the investment firm Atomico, which provides venture capital to technology companies.

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Who created Skype with Niklas Zennstrom?

Zennstrom co-founded Skype with Danish entrepreneur Janus Friis, and the service launched in 2003. Its early software development team included Estonian programmers Ahti Heinla, Priit Kasesalu, and Jaan Tallinn.

How much did Microsoft pay for Skype?

Microsoft agreed to acquire Skype in 2011 for $8.5 billion in cash. Earlier owners included eBay, which had bought Skype in 2005 before selling a controlling stake to an investor group.

What was Kazaa, Niklas Zennstrom's project before Skype?

Kazaa was a peer-to-peer file-sharing application created by Zennstrom and Friis. Like Skype's early architecture, it drew on peer-to-peer networking rather than relying entirely on a conventional centralized system.

What is Atomico, the firm founded by Niklas Zennstrom?

Zennstrom founded Atomico in 2006 as a technology investment firm. It has backed companies across Europe and beyond, extending his work from founding internet services into venture capital.

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