A founding team member of VirtualWorks, Erik Baklid holds worldwide responsibility for channel sales, customer support and field-level systems engineering. He brings more than 20-years of experience and a proven track record in launching and growing new technology ventures.

In 2001 Baklid co-founded a venture company, Proventus Capital, where he served as a board member and advisor to several turnaround and early stage companies. He led the acquisition and subsequent turnaround of Streambase Technologies in 2002, a company that was later successfully sold to Scala, Inc. in 2004. In 2005, he led the initial investor round in the IP telephony company, Phonect AS, where he grew the customer base from less than 1,000 subscribers to more than 50,000 in three years.

In 1997, Baklid co-founded TeleComputing ASA, Apptix ASA in Norway and their US counterpart corporations, where he served as the company CEO and chairman. He was instrumental in developing the concept of ASP (Application Service Provider) and its business model, which eventually led into the development of today's cloud computing model. TeleComputing was the first company in the world to offer Software-as-a-Service (SaaS) solutions and is credited for creating the term ASP. TeleComputing and Apptix became strategic partners with many companies including Citrix, Microsoft and Compaq. Both companies had combined revenue of approximately $200 million USD in 2010.

Throughout his career Baklid has served or currently resides on the board of eight different companies, amassing 15 years of experience as a Chairman or board member. In his free time, Baklid enjoys boating, snow skiing and playing music with his family.