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No, Red Hat did not provide "seed funding for MySQL AB"

No, Red Hat did not provide "seed funding for MySQL AB"

Posted Oct 1, 2010 8:44 UTC (Fri) by FlorianMueller (guest, #32048)
In reply to: Red Hat invested venture capital for MySQL by mjw
Parent article: Red Hat Responds to U.S. Patent and Trademark Office Request for Guidance on Bilski

And Red Hat was one of the venture capital investors providing seed funding for MySQL AB

As a former MySQL AB shareholder, I know that this is wrong. If you look at the press release you linked to, it's from 2006. MySQL AB was founded and received its seed investments in 2001 (the year I became involved as well). It received some more funding that year as well as in 2002 from European investors. Then in 2003, Benchmark Capital (knowing for funding eBay, Red Hat, Twitter), Index Ventures (known for funding Skype), SAP's corporate venture capital group and others came in. Red Hat came in three years after those, five years after the seed round.


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