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Thursday, May 31, 2012
Here?s Johnny! SkySQL Raises Another $2.5M To Give Oracle Nightmares
SkySQL plans to be something of a thorn in Oracle's side. As you'll recall MySQL, which as a free database platform annoyed Oracle, was sold to Sun and then Oracle bought Sun. That was supposed to keep a lid on things. Now with MySQL under its wing, Oracle plans to move those MySQL users over to Oracle databases in due course. But it can't push things too hard due to EU competition rules in place for the next five years. So guess what? That gives SkySQL - backed previously by the former founders of MySQL - a window to come back and start re-supporting all those dedicated die-hard Sun/MySQL fans. They're baaack?.. And to do it they've raised an additional ?2 million in Series A funding from California Technology Ventures, LLC (CTV). This takes SkySQL's war chest to ?6 million and will mean they can expand their business supporting existing MySQL users.
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