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SkySQL nabs $6.6M for its AI-integrated cloud database - SiliconANGLE
SkySQL Inc., a startup with a cloud-based relational database service, today disclosed that it has raised $6.6 million in seed funding. Eniac Ventures, Good Capital and WTI provided the capital. SkySQL launched last year after spinning out from MariaDB plc, a company that commercializes a popular open-source database of the same name. The software is a faster, more scalable version of another database called MySQL that is likewise widely used. SkySQL's namesake cloud service offers MariaDB and MySQL environments hosted in the cloud. The company provides its service in two editions. The first version, Provisioned Mode, allows users to configure how much infrastructure should be allocated to their databases. The other edition is called Serverless Mode and automatically adds or removes hardware based on workload requirements. It thus avoids the need for overprovisioning, the practice of allocating more hardware to a database than is usually needed to address unexpected usage spikes. SkySQL can replicate a database environment across several of a cloud provider's data centers. When needed, it also distributes replicas across multiple clouds. If one of the servers on which the database runs experiences technical issues, a failover mechanism can switch to the other nodes in under a second. SkySQL's failover features are powered by a proxy that also doubles as a load balancer. It distributes user requests among the servers that power a database environment, which avoids situations where one machine receives most of the queries and becomes overloaded. The proxy can also retry failed data changes to ensure file modifications are not lost. To make its database service easier to use, SkySQL offers two AI features called Semantic Agents and SkyCopilot. The former capability allows users to create artificial intelligence agents that interact with information in their databases. An agent could, for example, analyze a collection of sales logs stored in SkySQL and identify the most popular product. Developers can create agents using natural language instructions. SkySQL used the technology that underpins Semantic Agents to build SkyCopilot, its other flagship AI feature. The latter tool provides pointers on how to troubleshoot database issues and change settings. Additionally, it can help users optimize the way that SkySQL runs queries to reduce their infrastructure usage and thereby cut costs. "As businesses increasingly rely on AI, it's essential to trust the answers derived from critical data," said SkySQL Chief Executive Officer Nithin Rao. "Our goal is to ensure companies have confidence in the insights driving their most important decisions."
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MariaDB spinout SkySQL secures seed funding to 'bring conversational AI to databases'
Anyone who's followed the fortunes of MySQL and MariaDB these past 15 years will probably remember SkySQL, another brand that once existed within that same database ecosystem and, a year ago, became a standalone company once more. That company today announced it has raised its first outside funding -- a $6.6 million seed round -- with ambitions to use it to bring conversational AI to databases. MySQL, for the uninitiated, is the popular relational database management system (RDMS) created by Michael "Monty" Widenius, David Axmark, and Allan Larsson back in the mid-'90s. After the commercial company behind the project was sold to Sun Microsystems for $1 billion in 2008, Sun Microsystems itself was snapped up by Oracle for $7 billion, a transaction that spurred Widenius to fork MySQL and create MariaDB to ensure it remained an independent, community-driven effort. Subsequently, Widenius established two organizations: SkySQL, a commercial entity that sold services for MySQL; and Monty Program, which was all about supporting MariaDB. These two businesses merged in 2013, with the combined outfit rebranding as MariaDB Corporation and raising some $230 million in funding. MariaDB resurrected the SkySQL brand in 2020 via a new cloud database product, but after struggling with life as a public company (read more about that saga here), MariaDB spun out SkySQL as an independent business last year, spearheaded by the team that had been developing the product at MariaDB. While MariaDB retained an equity stake in the spin-off, the onus has very much been on SkySQL to forge its own path. And that is why the startup today announced a fresh cash injection, as it looks to bring AI into database mix. The startup's $6.6 million seed funding includes participation from renowned seed-stage investor Eniac Ventures, which has previously invested in the likes of Airbnb and Reddit, in addition to Good Capital and WTI. The AI factor Businesses typically use SkySQL to alleviate the hassles and complexities of running MariaDB -- it's a fully-managed cloud product that automates provisioning and scaling, with features dealing with security, compliance, and disaster recovery. And since spinning out of MariaDB last year, SkySQL has added Microsoft Azure support, meaning it's now truly multi-cloud as it already supported deployments across AWS and Google Cloud Platform. However, the company is now looking to align itself with the burgeoning AI revolution, and tackle one of the biggest problems it says exists in today's databases -- that is, they're not optimized for AI. As such, SkySQL is now introducing a duo of AI products, including something it's calling "semantic agents" that serve insights on operational data. So, SkySQL customers can effectively build and embed their own AI agents into their apps, allowing their users to ask natural language questions of their data stored in SkySQL -- something that can be challenging in enterprise settings due to security and compliance issues related to moving sensitive data around, not to mention longstanding issues around so-called "hallucinations." SkySQL keeps everything within the platform, while the semi-autonomous agents also support human-in-the-loop input to help refine the output and improve it over time. Elsewhere, SkySQL is also debuting SkyCopilot, which is basically an AI assistant that can help database administrators optimize the performance of their database, troubleshoot, and "manage routine tasks" all through natural language queries. This could be something like "please give me a report summarizing the health of my server" or "identify slow-performing database queries." So in effect, SkySQL is positioning itself as much more than a database company, it's all about unifying various integral AI components, such as vector databases and large language models (LLMs), into a single API that allows users to derive natural-language answers without having to move their data. Founding team SkySQL's founding team includes CEO Nithin Rao (pictured above), who co-founded a vehicle connectivity platform called Autonomic which he sold to Ford back in 2021. He then launched an AI analytics startup called Definitive Intelligence, which was snapped up by AI chip company Groq this past March, though Rao had already departed for SkySQL by that point. "SkySQL represented a next natural step -- a chance to deliver on the vision of being the operational data platform for modern applications, especially those leveraging generative AI," Rao told TechCrunch. Rao's two co-founders are CTO Jags Ramnarayan and CPO Saravana Krishnamurthy, both of whom transitioned over from MariaDB, where they were already familiar with SkySQL. And although Rao only joined them as SkySQL was emerging from MariaDB, he already knew one of the founders from a previous cloud computing company they worked at some years previous. "Jags and I first crossed paths while working together at Pivotal, and when the opportunity to spin out SkySQL arose, we reconnected," Rao said. "The opportunity to join forces with such a strong team and build something transformative in this space was one I couldn't pass up."
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SkySQL, a MariaDB spinout, secures $6.6 million in seed funding to develop AI-integrated cloud database services, introducing features like Semantic Agents and SkyCopilot to enhance database management and insights.
SkySQL Inc., a startup offering cloud-based relational database services, has successfully raised $6.6 million in seed funding. The investment round was led by Eniac Ventures, with participation from Good Capital and WTI 12. This funding marks a significant milestone for the company, which spun out from MariaDB plc last year.
SkySQL emerged as an independent entity in 2023, building upon its history within the MySQL and MariaDB ecosystem. The company provides a cloud service that hosts MariaDB and MySQL environments, offering two main editions: Provisioned Mode and Serverless Mode 1.
The Provisioned Mode allows users to configure their database infrastructure manually, while the Serverless Mode automatically adjusts hardware resources based on workload demands. This flexibility helps users avoid overprovisioning and optimize resource allocation 1.
SkySQL's service includes several advanced features designed to enhance database reliability and performance:
The recent funding round is primarily aimed at bringing conversational AI capabilities to database management. SkySQL is introducing two key AI features 12:
Semantic Agents: This technology allows users to create AI agents that interact with database information using natural language instructions. For example, an agent could analyze sales logs to identify popular products 1.
SkyCopilot: An AI assistant designed to help database administrators with troubleshooting, optimization, and routine tasks. It can provide performance reports and identify slow-performing queries through natural language interactions 2.
SkySQL is positioning itself as more than just a database company. By integrating vector databases and large language models (LLMs) into a single API, the company aims to provide natural language-based data insights without compromising data security or requiring data movement 2.
CEO Nithin Rao emphasized the importance of this approach, stating, "As businesses increasingly rely on AI, it's essential to trust the answers derived from critical data. Our goal is to ensure companies have confidence in the insights driving their most important decisions" 1.
The founding team of SkySQL brings together a wealth of experience in database technology and AI. CEO Nithin Rao has a background in vehicle connectivity and AI analytics, while CTO Jags Ramnarayan and CPO Saravana Krishnamurthy transitioned from MariaDB with deep knowledge of the SkySQL product 2.
With this seed funding, SkySQL is well-positioned to advance its vision of becoming the operational data platform for modern applications, particularly those leveraging generative AI. The company's focus on integrating AI capabilities with robust database management tools sets it apart in the evolving landscape of cloud database services.
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