Press Releases

February 2015

Runa Capital invests 3M Euros in MariaDB Corporation

Runa Capital invests 3M Euros in MariaDB Corporation
World's fastest-growing open source database continues technological expansion 

February 26, 2015 Helsinki, Finland – Runa Capital today announced that it has made an investment of 3M Euro in MariaDB Corporation, a global software vendor specializing in high availability, high performance and highly scalable open source database solutions. MariaDB Corp. will use the funds to further the development of its product and markets. 

MariaDB aims to become the world's premier open source database platform. Much progress has already been made as the LAMP (Linux, Apache, MySQL, PHP) stack which used to dominate in the web development is now turning into LEMP (where “E" stands for Nginx and “M” for MariaDB) as MySQL is being replaced with MariaDB in key Linux distributions and Nginx web-server is rapidly gaining market share among the top web sites. 
MariaDB benefits from Runa Capital’s technological and business connection with Parallels and early investments into Nginx, the fast-growing open-source web-server and Jelastic, a growing PaaS cloud-solution for Java, PHP and Ruby developers. 
 “We look forward to collaborating with Runa and its first-class portfolio of open source businesses as we grow the company and further expand the adoption of MariaDB in crucial enterprise architectures,” said Patrik Sallner, CEO of MariaDB Corporation.

 “I have known Serguei Beloussov and his team at Runa Capital for a number of years and have huge respect for the work they are doing,” said MariaDB co-founder Michael 'Monty' Widenius:   This investment seals a relationship that will help propel MariaDB to industry leadership.” 

“Runa Capital is a big believer in an open source model,” said Runa’s managing partner Dmitry Chikhachev. “We believe that open source stack has historically driven innovation in Web and database development. MariaDB has assembled the greatest tech talent in the community and keeps driving innovation in the database space; it’s obviously growing in the enterprise as well.” 

With this financing, Runa Capital managing partner and co-founder Dmitry Chikhachev will join the MariaDB Corp. Board of Directors.

MariaDB is available in the software repositories of all leading Linux distributions including Red Hat Enterprise Linux, SUSE, Centos, Debian and Ubuntu and so used by millions of organizations of every size. Leading enterprise users of MariaDB include Google, Financial Times and Booking.com.

About MariaDB Corporation

MariaDB Corporation Ab (formerly SkySQL) is a global software vendor specializing in high availability, high performance and highly scalable MariaDB and MySQL solutions. With its head office in Espoo, Finland and team members circling the globe, MariaDB has over 500 customers in more than 40 countries worldwide.
With its client base of global brands such Google, Fusion-IO, HP, Virgin Mobile, Craigslist, Harvard University and numerous businesses small and large. MariaDB suits the needs of the smallest web stores up to the largest corporations.
MariaDB products and professional services bring ease of use and assistance 24/7, while providing an effective way to increase database productivity, reduce downtime, augment existing resources and prevent vendor lock-in.
MariaDB Corporation was founded in 2010 under the name SkySQL -- by the same team behind MySQL AB, including David Axmark, Michael 'Monty' Widenius and Kaj Arnö. The company merged with Monty Program in 2013, and SkySQL changed its name to MariaDB Corporation in Fall 2014.
For more information visit: http://www.mariadb.com 


About Runa Capital

Runa Capital is a $200M global venture capital fund established to pursue opportunities in the rapidly growing areas of Cloud Computing, Internet and Mobile. Runa Capital is run by a united team of successful entrepreneurs, most of whom have worked together for over 15 years (building Parallels, Acronis and other tech-companies). It combines a broad geographical and cross-industry experience with an extensive professional network. Runa Capital's investment strategy focuses on cloud computing, hosted services, virtualization, complex software and IT-solutions for fintech, education, healthcare and public services. Its investments to date include: NGINX, Ecwid, Jelastic, Zopa, drchrono, Wallarm and others. For more info please visit www.runacap.com   


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