December 13, 2022
·
3
min read

Our investment into api.video

New investment
Our investment into api.video
Video is quickly becoming the preferred way for consumers to receive information. This is reflected in the rise of consumer social media platforms such as Snapchat and TikTok as well as the increasing prevalence of video in mobile advertising, education and many other sectors. Indeed, users spend 88% more time browsing on websites with videos, and according to Cisco, 82% of consumer internet traffic will be video this year.

Reacting to this surge in demand, software product builders have been scrambling to include video features in their offering, be it event-related, education/training, sales and marketing or even instruction manuals. Building a video product however is highly complex, forcing one to navigate and combine a large assortment of tools for ingestion, transcoding, storage, streaming etc.

Luckily there is a solution! With a few lines of code (unlike alternatives), api.video enables product builders to allow their users to upload videos in the product easily. Api.video takes care of the video infrastructure hassle and allows developers to focus on their core competence. There is strong growth to be expected in the space and several companies are likely to achieve significant scale.

 OpenOcean has a long history of investing in data infrastructure, of which video has rapidly become a critical part. As such it makes perfect sense to be part of the video revolution together with the founder Cedric Montet and his ambitious team in France!

Why we invested in Authologic

OpenOcean’s investment in Hygraph

OpenOcean’s investment in Cambri

OpenOcean welcomes kevin. to the portfolio family

News from our network

All news
October 23, 2024
·
3
min read

Why we invested in Authologic

We are pleased to announce that OpenOcean led Authologic’s $8.2 million Series A funding round. Authologic is a global digital identity verification platform, streamlining KYC and AML processes with secure e-ID solutions to combat fraud and meet compliance.
October 14, 2024
·
5
min read

OpenOcean welcomes three new team members: Joanna Graiver, Katariina Marttinen and Cyrus Hessabi

We're excited to announce that the OpenOcean team is expanding with three exceptional new additions. Joanna and Cyrus have joined the London team as Investment Associates, while Katariina is joining the Helsinki team as Operations Manager.
October 1, 2024
·
4
min read

Why are all SaaS companies AI now? Here’s what the statistics show

SaaS has been the subject of some concerned deliberations in the last few years, with growth slowing down, multiples staying low and cloud delivery not being a source of differentiation like in the good old days.