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Niklas Zennström

Niklas Zennström

Niklas Zennström is a Swedish entrepreneur and technology investor best known for co-founding Kazaa and Skype. He is the founder and CEO of Atomico, a European venture capital firm based in London.

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Niklas Zennström's Bio

Niklas Zennström was born in 1966 in Järfälla, Sweden, and grew up in Uppsala. He earned a bachelor’s degree in business administration and a master’s in engineering physics from Uppsala University, and spent a year as an exchange student at the University of Michigan in Ann Arbor.

Zennström began his career in 1991 at Tele2, where he hired Janus Friis to lead customer service in Denmark. In 1999, he left Tele2 to co-found Get2Net and Everyday.com with Friis. In 2001, they launched Kazaa, a peer-to-peer file-sharing service that became the most downloaded software of its time and was sold to Sharman Networks in 2002.

In 2003, Zennström and Friis launched Skype, the internet telephony service that disrupted global communications. eBay acquired Skype in 2005 for about €2.1 billion, and Zennström served as CEO until 2008. He later joined an investor group that bought back a majority stake, and Microsoft acquired Skype in 2011 for $8.5 billion.

In 2006, Zennström founded Atomico, a European venture capital firm headquartered in London. Atomico has invested in technology companies including Supercell, Klarna, Skype, and DeepL, and its Fund VI raised $1.24 billion. He is also the founder of Zennström Philanthropies, which focuses on climate change and human rights.

Career Timeline

  • 1991Started at Tele2

    Began his career at the telecommunications company Tele2 under Jan Stenbeck.

  • 1999Co-founded Get2Net and Everyday.com at Get2Net / Everyday.com

    Left Tele2 at the peak of the dot-com bubble to co-found early internet ventures with Janus Friis.

  • 2001Co-founded Kazaa

    Co-founded the peer-to-peer file-sharing application Kazaa, released in 2003 and sold to Sharman Networks in 2002.

  • 2003Co-founded Skype

    Launched the VoIP service that became a global communications platform.

  • 2005Skype acquired by eBay

    eBay acquired Skype for approximately €2.1 billion ($2.6 billion).

  • 2006Founded Atomico

    Started the European venture capital firm Atomico to invest in founders outside Silicon Valley.

  • 2011Skype sold to Microsoft

    Microsoft acquired Skype for $8.5 billion after an investor group repurchased a majority stake in 2009.

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