Open Ocean Capital
Open Ocean is a leading early-stage venture capital company, with a particular emphasis on European start-ups deploying user community or open source business models.
Open Ocean was the first major owner in MySQL AB, which was later sold to Sun Microsystems for $1 billion in 2008. Above and beyond many venture capital firms, Open Ocean is also able to leverage its direct experience as founders of MySQL to provide hands-on support to the management of companies receiving Open Ocean’s funding.
Open Ocean is led by partners Patrik Backman, Ralf Wahlsten and Tom Henriksson and by “community and open source wizard” Michael “Monty” Widenius, the original developer of the MySQL database and co-founder of the company MySQL AB.