Tech Company Financing Transactions
MariaDB Funding Round
MariaDB closed a $27.3 million funding round on 5/9/2017. Backers included European Investment Fund.
Transaction Overview
Company Name
Announced On
5/9/2017
Transaction Type
Venture Equity
Amount
$27,300,000
Round
Undisclosed
Investors
European Investment Fund (Jyrki Katainen)
Proceeds Purpose
This is the EIB's first financing for MariaDB. The EIB funding will be used to further product innovation for MariaDB's expanding global enterprise client base and increase its sales and marketing teams in Europe, America, and Asia. Specifically, within Europe, the company will expand its European operations with new engineering hires in Helsinki.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
699 Veterans Blvd.
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Overview
We are a database company that supports the adoption of MariaDB - the world's fastest growing open source database.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Howard
Chief Financial Officer
Kenneth Paqvalen
Chief Marketing Officer
Franz Aman
Chief Technical Officer
Monty Widenius
VP - Sales
Jon Bakke
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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