European Investment Bank has invested $27.2m in the database technology provider, which counts Intel Capital among its earlier backers.
MariaDB, a Finland-based open-source database technology developer backed by semiconductor producer Intel, received €25m ($27.2m) from multilateral financial services firm European Investment Bank (EIB) on Monday.
MariaDB has developed open-source database software that can be used in a hybrid, public or private cloud, and which is compatible with a range of existing software platforms including Microsoft Azure, Amazon Web Services, Docker and OpenStack.
The funding will go to product innovation as MariaDB also looks to grow its sales and marketing…
