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MariaDB went public via a SPAC merger with Angel Pond in a $672m deal.

Synopsis

MariaDB, an open source database software company, went public via a SPAC merger with Angel Pond, a special purpose acquisition company, in a $672m deal. “Today is an exciting day that marks a new chapter for MariaDB and an important milestone in the cloud industry. Our customers increasingly come to us because they are struggling with the scalability and availability offered by the hyperscalers. With MariaDB SkySQL, we deliver better price and performance while freeing businesses from vendor lock-in with a multicloud offering. I am incredibly proud to work with our talented team and our investors as we continue to build success in the cloud for companies around the world," Michael Howard, MariaDB CEO.

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