News from our network

All news
Dear Mr. Hewson, Thank you for submitting your tape of "U2" to RSO Records, we have listened with careful consideration, but feel it is not suitable for us at present.

Patrik Backman

General Partner

,

Helsinki

A General Partner at OpenOcean, Patrik’s heart lies with the “data-intensive” bit of our investment thesis. Before starting OpenOcean, Patrik co-founded MariaDB, and spent 6 years managing product and business development at MySQL AB, where he served as a Director of Software Engineering from 2003 to 2008, and managed the company’s strategic technical alliance with SAP AG. With his business hat on, Patrik was part of MySQL Management Team, and worked in management consulting at eCraft Management Solutions and A.T. Kearney. Patrik is on the board of Nosto, Booksy, Supermetrics, Import.io, AppGyver and MindsDB, works closely with NearGroup, and has held directorships at Ironstar Helsinki, MariaDB, and SkySQL. He received a Master of Science (Engineering) degree from Helsinki University of Technology and Master of Science (Finance) from Hanken School of Economics in Helsinki.

Investment theme coverage

Data Infrastructure
Artificial Intelligence
Open Source
DevOps

Team

Investment Team

Portfolio

News highlights

All news
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.
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.
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.