Runa Capital invests €3M in MariaDB Corporation, a provider of open source database solutions
World’s fastest-growing open source database continues technological expansion
Runa Capital today announced that it has made an investment of 3M Euro in MariaDB Corporation, a global software vendor specializing in high availability, high performance and highly scalable open source database solutions. MariaDB Corp. will use the funds to further the development of its product and markets.
With this financing, Runa Capital managing partner and co-founder Dmitry Chikhachev will join the MariaDB Corp. Board of Directors.
“Runa Capital is a big believer in an open source model,” said Runa’s managing partner Dmitry Chikhachev. “We believe that open source stack has historically driven innovation in Web and database development. MariaDB has assembled the greatest tech talent in the community and keeps driving innovation in the database space; it’s obviously growing in the enterprise as well.”
“I have known Serguei Beloussov and his team at Runa Capital for a number of years and have huge respect for the work they are doing,” said MariaDB co-founder Michael ‘Monty’ Widenius: This investment seals a relationship that will help propel MariaDB to industry leadership.”
About MariaDB Corporation
MariaDB Corporation Ab (formerly SkySQL) is a global software vendor specializing in high availability and high performance MariaDB & MySQL. With its head office in Espoo, Finland and team members circling the globe, MariaDB has over 500 customers in more than 30 countries worldwide.
Our client base consists of global brands such Google, Fusion-io, HP, Virgin Mobile, Craigslist, Harvard University and numerous small to medium businesses, MariaDB is perfectly suited to help with any of your data needs.
MariaDB products and professional services bring ease of use and assistance 24/7, while providing an effective way to increase database productivity, reduce downtime, augment existing resources and prevent vendor lock in.
SkySQL was founded in 2010 by the same team behind MySQL AB, including David Axmark, Michael ‘Monty’ Widenius and Kaj Arnö. The company merged with Monty Program in 2013. SkySQL changed its name to MariaDB Corporation in Fall 2014.