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Monday, February 18, 2013

Stockholm is the latest tech epicenter

Stockholm is the latest tech epicenter

" If music service Spotify landed Stockholm on the high-tech map, companies like Klarna underscore its growing influence.
Klarna CEO Sebastian Siemiatkowski swung through town this week to meet investors at Sequoia Capital and spread the word about his online retail payments startup. Though it has earned a solid reputation in Europe — not to mention $200 million in revenue last year — Klarna ("clear" in Swedish) has yet to debut in the USA.
That might change soon, as millions of consumers turn to smartphones and tablets to make purchases. Klarna, an 800-person company operation based in Stockholm, is eyeing the U.S. market."

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