Since 2019, Babak is Entrepreneur in Residence at Industrifonden, specialising in enterprise software and in particular IT-security.
Babak is part of the technology transfer team at RISE (Research Institutes of Sweden) focusing on commercialisation and financing of the research results from RISE. He has a background as IT security researcher and entrepreneur.
Babak is co-founder and former CEO of Axiomatics, an IT-security software company started as a research spin-off back in 2006. During his time as CEO for the company (2006-2016), he and the team built the company to $10M revenue, 45 employees and launched offices in Stockholm, Chicago and Washington DC. Babak has a PhD in Computer Science from Imperial College in London.