Basemark

Basemark is a forerunning provider of real-time graphics and computation software solutions for multiple industries. Basemark’s technology and know-how is found in many end products ranging from industrial sensor solutions to connected cars. Our global customer base includes technology giants, blue-chip automotive OEMs and Tier-1 suppliers.

Basemark also offers professional software development & HMI design services for embedded systems in industrial and enterprise markets, including automotive and consumer electronics.

2017 Growth

2018 Growth

Legal structure

Basemark is a privately held company headquartered in Helsinki, Finland with corporate branches in North America and Central Europe.

The parent company, Basemark Oy, is a limited liability stock corporation, established April 2015 in Helsinki, Finland (Finnish register ID 2688018-1). Basemark Oy has two wholly owned subsidiaries, Basemark Inc., registered in Delaware, U.S and Basemark GmBH registered in Munich, Germany.

The majority of company shares are held by founders and key employees. The company is mostly funded by cash flow from operations.

Revenue in 2017 grew approximately 30% from the previous year and the company expects the revenue growth rate to raise to over 80% in 2018. The company has been EBITDA positive from day 1.

Basemark currently employs 40 full-time rock solid experts directly or indirectly.

Management

Joshua Wert

Interim CEO

In October 2018 Josh took on the role of Interim CEO following the departure of Arto Ruotsalainen. In his previous roles, Josh took part in the expansion of Basemark from a benchmarking tool creator to the developer of the leading industrial graphics and compute engine, Rocksolid, followed by Basemark becoming a sought-after global provider of expert design and software engineering services.

Josh began his career in Washington, DC as a patent examiner at the United States Patent and Trademark Office. In 2010 he moved to Helsinki and transitioned into private practice focusing on IT & software patent prosecution globally. Josh has been a regular lecturer on Intellectual Property Rights matters in Finland and abroad and is a well-respected expert in his field.

Josh initially met the team that would become Basemark during their time at Rightware where he helped create their patent portfolio, which was a part of its successful exit in 2017. In 2016 Josh left his established partnership and started his own boutique IP firm in Helsinki, BelayIP Oy. In 2017 he was brought into Basemark as an Executive IP Advisor and was responsible for defining as well as implementing Basemark’s intellectual property strategy. Later, Josh was brought on as a VP for Legal & Administration where he managed Basemark’s growing global operations.

https://www.linkedin.com/in/joshua-wert-6732bb25/

Lilja Tamminen

Director of Operations and Product Management

Lilja started her career in technology as a technical expert and systems integration developer. Quickly, via the start-up world, she found herself in positions within product development, supply chain management and management consulting. Having experience in founding companies and working for small and large organizations on both the private and public sectors, she has acquired a broad understanding of different business needs and perspectives.

Since Autumn 2018, Lilja Tamminen serves as the Director of Operations for Basemark. In this role, she is responsible for the planning, execution and development of Basemark’s global business operations. In addition, as Director of Product Management she works hand-in-hand with Basemark’s business units and corporate partners developing new high-technology products and services.

https://www.linkedin.com/in/lilja-tamminen/

Board of Directors

Mika Heikinheimo

Chairman of the Board

Mika is one of the most successful software entrepreneurs in Finland. He founded IT Service company Symbio and grew it to become a company of over 1,800 employees operating in three continents. After a successful exit, Mika has dedicated his time to advising and investing in start-up companies.

Mika holds M. Sc. in Industrial Engineering from the Tampere University of Technology.

https://www.linkedin.com/in/mikaheikinheimo/

Jussi Harvela

Board Director

Jussi Harvela brings over 25 years of global high technology business leadership experience. He currently serves as CEO at TactoTek, a leading provider of solutions for Injection Molded Structural Electronics. He led Finnish origin and US-based Solid Information Technology from early-stage technology development and positioned it for acquisition by IBM; in addition, he has contributed to many successful companies as a CEO, investor, board chairman/member, and advisor.

Jussi earned his master’s degree in software engineering, international marketing, and business strategy from the Helsinki University of Technology. He also has BA in music.

Jussi is a keen sailor and enjoys hunting, fishing, and cooking. He has a passion for developing the Finnish high tech economy and influences promotional, educational and technology transfer programs, such as Slush, Startup Sauna, TEKES TULI, and VTT Ventures Advisory, and participates in bridging those programs across global markets.

Tero Sarkkinen

Founder & Board Director

Tero is a serial entrepreneur as well as startup advisor and investor. His professional career has involved being based in Europe, USA, and Asia. Throughout his 20+ years career, Tero has dedicated himself to computer graphics and has become a distinguished pioneer of real-time 3D graphics, possessing a deep understanding of both technology and business issues in the rapidly growing industry. Tero now has two successful business exits to his credit that have validated his path-breaking competencies in his domain.

Tero was the founder and CEO of Rightware, which became the world #1 supplier of user interface visualization software to the global automotive industry. Rightware was acquired in 2017 by Thundersoft, Chinese publicly listed company, at a premium valuation. Before this, Tero was CEO of Futuremark, a well-known PC graphics company. Futuremark was acquired by United Laboratories of USA. In 2015, Tero and Arto founded Basemark, a company focusing on big data visualization and compute solutions for industrial markets.

Tero has M.Sc. (Econ and BA) From Aalto University, majoring in International Business Administration and has completed eMBA courses at Stanford and ESADE Barcelona. Amongst other accolades during his career, he was nominated as Software Entrepreneur of the Year 2016 by Finnish Software Industry and Entrepreneurs Association. Aside from his native country of Finland, Tero has worked seven years in Silicon Valley and two years in Shanghai. He lives currently in Switzerland.

https://www.linkedin.com/in/terosarkkinen/

Klaus Zimmer

Board Director

Klaus is incredibly experienced and successful IT executive. He’s former Senior Vice President of SAP and currently serves as Member of the Board and Member of the Corporate Management team at Neusoft Corp. In his 35 years career, he’s lived besides his native of Germany, extensively in Asia. With more than 30 years of experience in the China and Asia business, he’s undoubtedly our best expert of the region.

Klaus has raked in numerous awards and accolades. For example, he was the first foreigner to be awarded as Most Valuable Entrepreneur by Chinese government in 2006. In 2008 he was awarded as one of 35 IT Legends of China. Klaus is frequently interviewed in TV and has appeared in CNN, CNBC, CCTV, etc.

Klaus holds Masters Degree in Business and Economics from Universität Trier and has completed MBA and eMBA courses at Harvard Business School and INSEAD.

https://www.linkedin.com/in/klaus-michael-zimmer-927a316/