Intel Capital leads $20 million investment in SkySQL to grow MariaDB

LONDON, UK: SkySQL, the global software vendor specialising in high performance open source databases, today announced it has secured $20 million in Series B investment from Intel Capital, California Technology Ventures, Finnish Industry Investment, Open Ocean Capital and Spintop Private Partners.

The funding will be used to invest in the MariaDB open source project, to better support the company's rapidly growing community and user base worldwide, and to develop commercial solutions for scaling the MariaDB database server.

The announcement follows SkySQL's merger with Monty Program, the leading force behind MariaDB, in April 2013 that reunited the key members of the original MySQL AB team.

Industry analysts 451 Group attribute MariaDB's increasing market share to it becoming the favoured SQL technology in popular Linux distributions such as OpenSUSE and Fedora. MariaDB's traction with application developers and database administrators is due to its excellent reputation for performance and security, and its compatibility with multiple storage engines.