The MariaDB Corporation, a software package seller specializing in ASCII text file info solutions, has been given €3 million ($3.4 million) in finance from Moscow-based Runa Capital which is able to facilitate the corporate additional the event of its product and markets.
According to the announcement late last week, Runa Capital managing partner and co-founder Dmitry Chikhachev can be part of MariaDB’s Board of administrators as a part of the investment deal.
MariaDB is meant as “a drop-in replacement for MySQL” that has additional strong, scalable, and reliable SQL server capabilities. it absolutely was originally a fork of MySQL, and has been chosen by the likes of Google and Wikipedia as their SQL info technology. MariaDB simply free a replacement stable unharness (version ten.0.17) and a beta unharness (10.1.3) in the week.
Runa Capital has deep roots in funding nascent players within the hosting technology trade. The VC fund itself was co-founded by Serguei Beloussov, UN agency was chief operating officer of virtualization software package company Parallels and UN agency co-founded backup and disaster recovery software package supplier Acronis at the side of alternative firms.
In the past few years, Runa Capital has created important investments within the hosting house. Runa Capital endowed around $2 million (€1.5 million) asynchronous A funding for Berlin-based net hosting startup cloudpartner.de.
In 2013, it endowed in net security answer Wallarm, crystal rectifier a $2 million funding spherical for cloud backup technology supplier BackupAgent, and took part in a very $10 million funding spherical for Nginx. That year it absolutely was named one amongst the top-25 most active Russian VC funds. In conjointly created a “significant investment” in cloud platform ThinkGrid in 2011, and contributed seed funding to cloud hosting platform Jelastic.
Chikhachev same that MariaDB’s open supply model makes it a horny investment and can give it a number one near net and info development, and a moneymaking enterprise market. “MariaDB has assembled the best school talent within the community and keeps driving innovation within the info space; it’s clearly growing within the enterprise similarly,” he same in a very statement.
Open-Source Database Company MariaDB Gets $3.4M from Runa Capital
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