I am very pleased to say that earlier today, SkySQL announced it has raised $4 Million in Series A Round Funding.
Let me post the main part of the press release here:
SAN JOSE – April 18, 2012 – 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 …[Read more]