Sulake
Encyclopedia
Sulake (ˈsulɑke, "fuse
Fuse (electrical)
In electronics and electrical engineering, a fuse is a type of low resistance resistor that acts as a sacrificial device to provide overcurrent protection, of either the load or source circuit...

") is a Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 social entertainment company focused on online social places and games. The company's goal is to inspire playful interaction and self-expression in people by creating easy to use social online services. Sulake's main product is Habbo, the world’s largest virtual community and social game for teenagers.

Sulake also operates Bobba Bar
Bobba Bar
Bobba Bar is a free virtual world for mobile phones, created by Sulake, the creators of Habbo. Bobba Bar is for 17+.Bobba Bar was launched in the Nokia OVI store and iTunes on November 2009 as a free application for Nokia smart phones, iPod touch and iPhone users. Named after bobba, an ex-word...

, a mobile virtual bar to meet and make friends. Sulake was established in 2000 and it has grown its annual revenues each year. The main shareholders in Sulake include Taivas Group, Elisa Group, 3i Group plc, and Balderton Capital followed by Movida Group (in Japan), the company's founders Sampo Karjalainen and Aapo Kyrölä, Sulake's CEO Paul LaFontaine and other personnel. Sulake has offices in 12 countries. Headquarters is situated in Helsinki, Finland. Currently the company has over 270 employees worldwide.

Sulake has reported a $3 million (€2.3 million profit) for the first financial quarter (January - March) of 2010 on revenues of $20 million (€14.7 million). Sulake has also been playing an active role in assisting the police in investigations connected to the theft of online furniture.
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