SkySQL, the first choice in affordable database solutions for the MySQL® and MariaDB® databases in the enterprise and the cloud, today announces that the company has raised $4 million in Series A funding from a number of investors, including OnCorps, an elite peer-based community of veteran technology investors and advisors committed to bringing better, cost-disruptive technologies into the mainstream. Also funding the round are European investors including Finnish Industry Investment Ltd., Spintop Ventures and Open Ocean Capital.
SkySQL will primarily use the investment to fund growth in its new product development, including adding critical positions. This is the company’s most recent move in expanding beyond a MySQL and MariaDB services-only company into a fully-fledged database products and services provider. SkySQL made its debut in October 2010 and has been funded to date with seed money from OnCorps, as well as Open Ocean Capital. Today, SkySQL is currently operating in 13 countries.
Source: www.skysql.com
