It raised its first round of venture capital shortly after it was founded, from local investors Eficor Oyj and Scope Venture Capital. For its B round in June 2003, it attracted the attention of some of Europe’s bigger venture houses, Benchmark Europe (now Balderton Capital), Index Ventures, with the now extinct Scope returning. All three invested again in 2004 before a final round at the end of 2005, which saw investment from Intel Capital, SAP, Red Hat Ventures and Institutional Venture Partners XI. In total, MySQL raised just under €27m of venture money.
The database software developed by MySQL has been deployed by many leading internet and technology companies including Facebook, Google, Nokia, and China Mobile. It has its headquarters in Uppsala, Sweden and Cupertino, California, USA.
Barry Maloney, a partner at Balderton Capital, said: “We are thrilled that