Open Ocean Capital has made its first investment in the recently closed Fund Three. Open Ocean has invested over 1 M$ in Zentyal, the developer of the Linux based Small Business Server. Zentyal aims at disrupting the multibillion-dollar market for small- and medium business servers with an open source strategy.
In the news:
Techcrunch article
Press release

Open Ocean partner Tom Henriksson will be on the panel Flip or Fly! Building Billion Dollar Firms in Europe at the White Bull 2011, Pathways to Exit Conference 5.10 in Barcelona.
For more information on this great event: www.whitebull.com.
If you want to meet up with Tom at the event, you can reach him at tom <at> openoceancapital.com.

Open Ocean is seeking an Investment Manager to strengthen its team.
The Investment Manager position contains the following

Work in deep dive and due dilicence of investment cases around business, technology and financial analysis, including conducting market and competitive studies
Manage reporting from Start ups to Open Ocean and from Open Ocean to external stakeholders
Support portfolio companies in [...]

Open Ocean partner Tom Henriksson will be on the jury of the Mindtrek Launchpad competition 29.9 in Tampere, meeting some of the the best digital media product innovations in Finland.
For more information on this great event: http://www.mindtrek.org/2011/launchpad

To celebrate the launch of the new Fund, Open Ocean organizes a Startup pitching competition.
Startups are invited to submit their pitches by 23.June 2011. The format should be a max 5 slide presentation and a max 3 minute video, submitted over email or shared dropbox folder to tom <at> openoceancapital.com.
The winning team will be invited [...]

We are pleased to announce that we have completed the first closing of our Fund Three at 40 M€.
The fund will focus to invest primarily in European software start-ups deploying user community or open source business models.
The main institutional investors of the fund are European Investment Fund*, FoF Growth and Finnish Industry Investment. The Open [...]

SkySQL Ab, the new home for MySQL® related software, services and support, has been launched today. Open Ocean joins OnCorps Inc, David Axmark (MySQL AB co-founder) and key employees in financing the start-up of the global operation.
For more information, see www.skysql.com.

To be part of the MySQL journey was a great privilege in my life. Working for almost six years with great developers, energetic sales-guys, devoted support engineers and a management team capable of executing remarkable growth while driving good team spirit was a huge personal experience. I am grateful for the valuable learnings I got [...]

Open Ocean has closed an investment into Finnish Company WOT Services Oy (previously known as “Against Intuition Oy”), the team behind the Web Security tool WOT (Web Of Trust). Through the browser plugin provided by WOT, users get warned about security threats while surfing on the web. WOT has ratings of over 21 Million websites, [...]