MariaDB raises $27.3 Million
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MariaDB raises $27.3 mln
The European Investment Bank (EIB) announced a EUR 25m funding of MariaDB, the company behind the fastest growing Open Source database, to support the company’s next stage of growth and database innovation. This EIB operation is guaranteed under the European Fund for Strategic Investments (EFSI), a key element of the European Commission’s Investment Plan for Europe, aiming at reviving investment in strategic projects around Europe.
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MariaDB Raises €25m in Funding
MariaDB, a Menlo Park, California-based provider of the MariaDB open source database, raised €25m in funding.
The European Investment Bank (EIB) provided the funding, which is guaranteed under the European Fund for Strategic Investments (EFSI).
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EIB backs open source database MariaDB with €25m
The European Investment Bank (EIB) has given €25 million in funding to open source database provider, MariaDB.
This investment has been offered in order for MariaDB to increase its global client base as part of the European Fund for Strategic Investments (EFSI), a long term plan drafted by the European Commission.
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Open Source database developer MariaDB picks up $27M from the EIB
As open source database architecture continues to grow in popularity, one of the bigger developers in the area has picked up some funding to target the opportunity.
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Open source database MariaDB secures €25m EIB funding
The European Investment Bank likes what it sees in MariaDB, putting €25m into the open source database for expected growth in the coming years.
The European Investment Bank’s (EIB) activities throughout the EU have proved quite interesting in recent years.
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