Jul 20, 2020

MariaDB’s cloud and open source database solutions

Cloud
database
SQL
Startup
William Smith
2 min
MariaDB is an Espoo, Finland-based technology simplifying database complexity and allowing companies to operate in a single, unified location
MariaDB is an Espoo, Finland-based technology simplifying database complexity and allowing companies to operate in a single, unified location...

MariaDB is an Espoo, Finland-based technology simplifying database complexity and allowing companies to operate in a single, unified location.

The company’s MariaDB Platform for enterprise supports transactional, analytical and hybrid workloads, alongside being scalable from data warehouses to fully distributed SQL.

Its cloud database is MariaDB SkySQL, operating on a SaaS model. The solution brings the MariaDB platform to the cloud, with fully customisable capabilities to match customers’ needs.

Customers include the likes of Deutsche Bank, Nasdaq, Red Hat, Verizon and Walgreens.

Having been founded in 2014, the company has raised over $123mn across 11 funding rounds. Its latest Series C round, announced earlier this month, saw the company raise $25mn from lead investor SmartFin Capital, alongside ServiceNow, OnCorps, Intel Capital, GP Bullhound and European Investment Bank.

In a press release, Michael Howard, CEO, MariaDB Corporation, said: “Expanding MariaDB SkySQL cloud operations is our key focus. There is an addressable and immediate market need with a growing number of companies who want to enable faster innovation and agility by adopting cloud technologies and shifting database management to DBaaS solution. The funding extension gives us an immediate infusion to scale SkySQL faster, while doubling our valuation in a streamlined fundraising process that sets a path for our next steps.”

The company said it would use the funding to extend the reach and support the development of its cloud database.

“MariaDB continues to exceed our expectations,” said Jürgen Ingels, founding partner, SmartFin Capital. “The company’s innovation in cloud database technology will help support the rapid growth in IT modernization that businesses large and small are pursuing to keep up with the world around us. We feel MariaDB is well-positioned to take a large share of the growing cloud database market as companies continue to push forward into the cloud. We are proud to invest more in MariaDB to continue their exceptional growth.” 

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Aug 2, 2021

Nozomi Networks secures US$100m investment

Technology
NozomiNetworks
cyber
investment
2 min
Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100m in pre-IPO funding

Nozomi Networks, a San Francisco-based industrial cybersecurity startup, has raised US$100 million from its customers and technology partners to help build new products and expand sales.

The Series D funding round was led by Triangle Peak Partners, and also includes investment from a number of equipment, security, service provider and go-to-market companies including Honeywell Ventures, Keysight Technologies and Porsche Digital. 

“As we began the fund-raising process, many of the largest ecosystem partners in the world along with our customers recognised Nozomi Networks as the industry leader and requested the opportunity to invest in the company,” said Edgard Capdevielle, President and CEO of Nozomi Networks. “It’s the ultimate endorsement when not only a prestigious firm such as Triangle Peak Partners leads the investment, but customers and partners embrace Nozomi Networks and further validate our market leadership.”

 

How will Nozomi Networks use the investment? 


 

The company will use this latest investment to help scale product development efforts as well as its go-to-market approach globally. Specifically, Nozomi Networks will grow its sales, marketing and partner enablement efforts, and enhance its products to address new challenges in both the operational technology (OT) and internet of things (IoT) visibility and security markets. With ransomware and malware attacks on organisations and critical infrastructure at an all-time high, the need for Nozomi Networks solutions has never been greater.

“With the OT and IoT security market on the verge of explosive growth, Nozomi Networks has not only risen to the top but is strongly positioned to continue to outpace the market,” said Dain F. DeGroff, Co-founding Partner and President, Triangle Peak Partners.“The company’s consistently strong performance in combination with an impressive R&D model and its ability to scale quickly set itself apart. We’re excited to be a part of Nozomi Networks’ future.”

Digitalisation is changing and disrupting entire industries, and now more than ever, cybersecurity is playing a crucial role for all companies. With the constant rise of cyber threats facing asset owners around the world, including critical infrastructure, customers are looking for better and more efficient ways to protect operating environments and reduce cybersecurity risk, explained Que Dallara, President and CEO, Honeywell Connected Enterprise.

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