MySQL 8.0 and Alibaba's MariaDB Bet
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What’s new in MySQL 8.0
MySQL, the popular open-source database that’s a standard element in many web application stacks, has unveiled the first release candidate for version 8.0.
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Alibaba is leading a $27M investment in open source database startup MariaDB
Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space.
The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the web’s most popular open source database servers, according to a source with knowledge of negotiations. The deal has not closed yet, but it is imminent after MariaDB’s shareholders gave their approval this week.
Neither Alibaba nor MariaDB responded to requests for comment.
TechCrunch understands that Alibaba is contributing around €20 million with the remaining capital coming from existing backers. The deal values MariaDB at around the €300 million ($354 million) mark and it will see Alibaba’s Feng Yu, a principal engineer within its cloud business, join the startup’s board.
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