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MariaDB Announces $25 Million Funding Round to Scale SkySQL Operations

Jul 09, 2020•about 5 years ago

Amount Raised

$25 Million

Redwood City

Description

MariaDB® Corporation today announced a $25 million funding round supporting the company goals to expand the reach and development of its cloud database, MariaDB SkySQL. Led by SmartFin Capital, with participation from existing investors and new investor GP Bullhound, the round brings the total investment in MariaDB to over $125 million.

Company Information

Company

Maria Db

Location

Redwood City, California, United States

About

MariaDB frees companies from the costs, constraints and complexity of proprietary databases, enabling them to reinvest in what matters most - rapidly developing innovative, customer-facing applications. MariaDB uses pluggable, purpose-built storage engines to support workloads that previously required a variety of specialized databases. With complexity and constraints eliminated, enterprises can now depend on a single complete database for all their needs, whether on commodity hardware or their cloud of choice. Deployed in minutes for transactional, analytical or hybrid use cases, MariaDB delivers unmatched operational agility without sacrificing key enterprise features including real ACID compliance and full SQL. Trusted by organizations such as Deutsche Bank, DBS Bank, Nasdaq, Red Hat, ServiceNow, Verizon and Walgreens - MariaDB meets the same core requirements as proprietary databases at a fraction of the cost. No wonder it’s the fastest growing open source database. Real business relies on MariaDB™.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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