Alibaba has led a $27m tranche that doubled MariaDB's series C round to $54m and took its overall funding to $93m.
E-commerce group Alibaba has led a $27m tranche of funding for Finland-based database software provider MariaDB, enabling it to close its series C round at $54m.
The round also included Intel Capital, the corporate venturing unit of chipmaker Intel, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean. Alibaba agreed to provide approximately $23m of the funding, according to a TechCrunch report in September this year.
The multilateral European Investment Bank had invested $27.2m in May this year…