News
MariaDB Completes Series C Funding Led by Alibaba Group, Finishing 2017 With $54M in Global Investment
November 2017 by Marc Jacob
MariaDB(R) Corporation announced that it raised $27
million in an investment led by Alibaba Group, with participation
from existing investors Intel Capital, California Technology
Ventures, Tesi, SmartFin Capital and Open Ocean. Combined with a
recent $27 million investment from the European Investment Bank
(EIB), this latest capital brings MariaDB’s total funding this year
to $54 million. 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. MariaDB reaches more
than 60 million developers worldwide through its inclusion in every
major Linux distribution, as well as a growing presence in the
world’s major cloud providers. The latest investments reflect the
rising interest in MariaDB from every commercial region around the
world.
Tweet this: #MariaDB closes funding round led by @AlibabaGroup to accelerate global
growth of MariaDB #database solutions. http://bit.ly/2xBycYo
MariaDB’s open source model and active community participation enable the company to
iterate more quickly and add new industry-leading capabilities faster than closed,
proprietary software vendors like Oracle. Technology giants Alibaba, Facebook,
Tencent and others have collaborated with MariaDB to develop and incorporate
significant features, including multi-source replication, encryption, point-in-time
rollback and more that address new and emerging challenges and opportunities.
Alibaba Cloud is a valued MariaDB contributor and user. MariaDB and Alibaba Cloud
companies have worked closely together to enhance features of products such as
AliSQL, a cloud-friendly open source project that enables Alibaba’s work with
MariaDB.
MariaDB Empowers Mobility in the Cloud
With the widespread adoption of cloud architectures, comes increasing concern that
cloud vendor lock-in brings the same lack of choice as proprietary systems. In
contrast, MariaDB is deployment agnostic, free from cloud vendor lock-in and
engineered to handle transactional, analytical, and web-scale workloads across any
public, private or hybrid topology. MariaDB’s mobility affords customers
unparalleled flexibility and power with a best-of-breed, open source database.
Record MariaDB Business Growth
Today’s global investment news comes on the heels of a momentous 2017 fiscal year,
which ended September 30, with record business growth.
Rapid Revenue Expansion: MariaDB ended the fiscal year and last quarter with
historical revenue gains. The average deal size doubled as customers deployed
MariaDB across growing segments of their business, including the first
enterprise-wide replacement and migration from Oracle Enterprise to MariaDB.
New Database Solution Offerings: In 2017, MariaDB continued its track record of
innovative development through the availability of two new database solution
offerings: MariaDB TX, a complete database solution for transactional workloads, and
MariaDB AX, a modern data warehousing solution for high-performance analytics.
Debuted Inaugural MariaDB User Conference: In April, MariaDB hosted its first-ever
annual user conference to address the fast growing business usage of MariaDB. With
participation from hundreds of customers, partners and developers from around the
world, the conference reflected MariaDB’s growing global presence in the enterprise.
As a general purpose database, MariaDB has been deployed to support a wide range of
applications in every industry, from credit card transactions and investment
applications in banking, to customer phone data and billing applications in telecom,
to inventory, purchases and order fulfillment applications in e-commerce. With the
ability to fulfill any transactional or analytical workload, MariaDB supports the
most critical applications at companies around the world. Its widespread use across
Linux distributions and cloud platforms, as well as its ease of use, have quickly
made MariaDB the open source database standard for the modern enterprise.
