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May 25, 2011 12:18 pm GMT
Exclusive - Open Ocean, a recently established venture capital firm co-founded by the investors who closed the $1 billion sale of MySQL to Sun Microsystems, has just finalized its Fund Three with approximately $60 million (40 million euros) in capital in the first closing, TechCrunch has learned.The fund kicks off the first widespread outreach from the former MySQL and Nokia team members to founders and startups primarily based in Europe; the focus of the new fund will be squarely on community and open source software ventures.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TNC8VbYPCgo/
Ex-MySQL, Nokia Execs Close $60 M Fund For Europe-Focused VC Firm Open Ocean
Exclusive - Open Ocean, a recently established venture capital firm co-founded by the investors who closed the $1 billion sale of MySQL to Sun Microsystems, has just finalized its Fund Three with approximately $60 million (40 million euros) in capital in the first closing, TechCrunch has learned.The fund kicks off the first widespread outreach from the former MySQL and Nokia team members to founders and startups primarily based in Europe; the focus of the new fund will be squarely on community and open source software ventures.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TNC8VbYPCgo/
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