Eklund to Wellington Partners as Venture Partner

Niklas Eklund will join European VC Wellington Partners as a venture partner. The serial entrepreneur will work on digital media investments with portfolio companies and help Wellington seek out Nordic and other European opportunities. Among the companies he has worked on, is Wellington portfolio company Livebookings, of which he was co-founder and CEO.

PRESS RELEASE:

Serial entrepreneur Niklas Eklund joins as Venture Partner

London/Munich July, 28th, 2011. Pan-European venture capital firm Wellington Partners has appointed another high-calibre serial entrepreneur as a Venture Partner: Niklas Eklund. The Swede will share his vast experience in the Digital Media Sector with the portfolio companies and will help Wellington partners to expand its footprint in the Nordic countries and across the rest of Europe.

Over the past 20 years, Niklas has built and internationalized a range of companies within reservation systems, revenue management, online marketing and web publishing; among them co-founder and CEO of Wellington portfolio company Livebookings. Niklas describes himself as a computer software geek and wizard that turned businessman as he had started his career already at the age of 15. His achievements in building internationally successful companies have been recognized by various industry awards.

Niklas Eklund is the 15th Venture Partner, eight are based in North America and seven in Europe. Besides Niklas, high-calibre entrepreneurs like iPIN/Valista/Paymo (now Boku) co-founder Alexandre Gonthier, LinkedIn Co-founder Eric Ly and former Last.fm COO Spencer Hyman are focussing on the Digital Media sector, a core investment area of Wellington Partners for almost 15 years. All Venture Partners advise and support portfolio companies in their areas of expertise on strategic planning, key executive hires and provide a crucial network for business development.

Eklund says: “I had the privilege to work with Wellington as the CEO of Livebookings and had benefited enormously from the advice of their Venture Partners. Now, I am looking forward to sharing my experiences with entrepreneurs and to supporting them in accelerating the growth of their companies. At the same time, the Venture Partner program of Wellington will allow me to follow my own activities as an entrepreneur and investor – a perfect setting.”

About Wellington Partners
Wellington Partners is one of the most successful pan-European venture capital firms. With some € 800 million under management and offices in London, Munich, Palo Alto and Zurich, the firm invests into companies throughout Europe that have the potential to become global leaders, in the areas of Digital Media, Cleantech, Electronics, Software and Life Sciences.

Since 1998, Wellington Partners has invested in more than 100 companies in Europe and Israel, including now publicly traded Actelion and XING and successful privately held companies like Spotify, Alando (acquired by eBay), Ciao (acquired by Microsoft) and ImmobilienScout24 (acquired by Deutsche Telekom). For more information please visit www.wellington-partners.com.