Open source database startup MariaDB confirms $27M investment led by Alibaba
Summary
Open source database startup MariaDB has announced a new $27 million round of funding led by Alibaba, confirming the news that TechCrunch reported in September. MariaDB, which is headquartered in Finland with an office in California, is best known for operating the most popular alternative to MySQL, a database management system. While it did not disclose figures, it claimed its average customer deal size has double and it has begun to grow into new areas, including a first enterprise-wide replacement and migration from Oracle Enterprise to MariaDB. Its deals to date have all been in China and they include cloud storage provider Qiniu and big data firm Dt Dream. The deal will see Feng Yu, a principal engineer within Alibaba Cloud, join the MariaDB board, according to a source, although that information wasn’t communicated in the announcement of the funding.
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