Cutting edge data, software dealmaker OpenOcean strikes first close for €130m-targeting fundraise | AltAssets Private Equity News
Summary
OpenOcean believes the modern explosion of data has “presented a significant opportunity at the infrastructure level to enable the potential of next-generation software to be realised”. The firm was at the forefront of European venture capital in backing big data analytics software, through deals for import.io and RapidMiner, as well as identity management (TrueCaller), automation (Supermetrics, AppGyver) and DevOps (Bitrise). OpenOcean also revealed it had hired Ekaterina Almasque as general partner to accelerate its investments in AI, data and cloud infrastructure, and new frontiers like quantum computing. She was previously managing director at Samsung Catalyst Fund in Europe, where she led investments in strategic and cutting-edge technologies such as Graphcore’s processor for AI, Mapillary’s layer for rapid mapping and AIMotive’s autonomous driving stack. “Enabling this next level of infrastructure innovation is crucial to realising digitisation projects across the economy and will determine what the internet of the future looks like.”
Funding
Review available funding amount, funding date, investors, and linked company information related to Cutting edge data, software dealmaker OpenOcean strikes first close for €130m-targeting fundraise | AltAssets Private Equity News in the interactive ISVWorld profile.
Classifications
AskAI Classifications
LabelsLinked Companies
