MySQL Prepping for an IPO
MySQL, the database management system vendor is going public.
MySQL had raised $18.5 million in series C funding in early 2006 (total $39 million) and Mickos says that half of that capital is unused. The company has started talks with bankers.
MySQL is most prominently used by the Wordpress publishing platform, and is a vital part of LAMP, the free software set used to run dynamic websites on low budgets.
When it does go public, MySQL will be one of only a handful of open source vendors to do so.
Om Malik has more.
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