MariaDB Raises $27m in Series C Funding
Summary
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.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.The database powers applications at companies including Google, Wikipedia, Tencent, Verizon, DBS Bank, Deutsche Bank, Telefónica, Huatai Securities and more.