OpenOcean

OpenOcean is a venture capital firm established in 2008, with offices in Helsinki and London. It specializes in early-stage investments, particularly targeting Series A funding for technology companies within the data economy across Europe, with a focus on sectors such as B2B platforms, cybersecurity, fintech, artificial intelligence, and cloud technology. The firm is driven by three core investment theses: Automation, Data Infrastructure, and the Future of Software Development, with initial average investments around €5 million. The founding team includes key figures behind MySQL and MariaDB, providing OpenOcean with a strong technical background that enables them to identify and invest in innovative startups with scalable solutions. By leveraging their expertise in technology and software, OpenOcean aims to support the growth of transformative digital platforms and services.

Sri Ayangar

Investment Associate

Patrik Backman

General Partner, CEO and Co-Founder

Nina Gunell

Investment Associate

Tom Henriksson

General Partner

Sam Hields

Principal

Mirva Laatunen

Investment Analyst

Taneli Nissi

Finance Director

Tony Nysten

Principal

Ralf Wahlsten

Chairman

Past deals in Serbia

Strong Network

Seed Round in 2022
Strong Network, founded by experienced cybersecurity engineers Laurent Balmelli and Ozrenko Dragic, specializes in providing secure Cloud Development Environments (CDEs) for organizations. Headquartered in Lausanne, Switzerland, with operations in Serbia and California, the company has raised EUR 5.1 million in Seed funding and has received multiple awards in cybersecurity, including the 2022 best startup award from the International Forum on Cybersecurity. Strong Network addresses the dual challenges faced by its clients: enhancing the efficiency of the development process within the DevOps cycle and ensuring robust security against data leaks. Unlike traditional solutions that treat these issues separately, Strong Network's platform integrates these functions, offering a low-bandwidth, locally executing development environment that prioritizes both security and developer productivity. This innovative approach enables clients to centralize management, improve developer experience, and reduce IT costs, ultimately reconciling the need for productivity with enterprise data protection. With a diverse team of over 25 professionals and significant clients like Broadcom and WeBank, Strong Network is positioned as a leader in the DevSecOps space.
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