SkySQL secures $20 million in Series B funding round
Oct 24, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
SkySQL Corporation Ab, a Finland-based provider of open source database solutions, has secured $20 million in Series B funding round led by Intel Capital with participation from California Technology Ventures, LLC, Suomen Teollisuussijoitus Oy (Finnish Industry Investment, Ltd.), Open Ocean Capital and Spintop Ventures.
Deal Value (US$ Million) 20
Deal Type Venture Finance
Sub-Category Growth Capital/Expansion
Deal Status Completed: 2013-10-23
Target (Company) SkySQL Corporation Ab
SkySQL will use the funds to invest in the MariaDB open source project, to better support its growing community and user base, and to develop commercial solutions for scaling the MariaDB database server.
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