MariaDB, a Menlo Park, CA-based open source database company, raised $27m in Series C funding.
The round was led by the Alibaba Group, with participation from existing investors Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean. Combined with a recent $27m investment from the European Investment Bank (EIB), this latest capital brings MariaDB’s 2017 funding total to $54m.
The company intends to use the funds to deliver new, deployment agnostic solutions for the cloud.
Led by Michael Howard, CEO, MariaDB is the company behind MariaDB, the Open Source database, which currently reaches more than 60 million developers worldwide through its inclusion in every major Linux distribution, as well as a presence in the world’s major cloud providers.
MariaDB solutions are engineered to run on any infrastructure – bare metal servers, virtual machines, containers, public and private clouds – and is available in all Linux distributions, including Ubuntu, and is the default database in openSUSE, Manjaro, Red Hat Enterprise Linux (RHEL) / CentOS / Fedora, Arch Linux, SUSE Linux Enterprise and Debian.
The database powers applications at companies including Google, Wikipedia, Tencent, Verizon, DBS Bank, Deutsche Bank, Telefónica, Huatai Securities and more.
Following the deal, MariaDB will continue its collaboration with Alibaba Cloud, the cloud computing arm of Alibaba Group, to deliver new solutions for the cloud and emerging use cases.
FinSMEs
01/11/2017