K1 Investment Management has completed its acquisition of MariaDB plc, securing 100% of the enterprise database solutions provider’s shares. As part of the acquisition, MariaDB also announced the appointment of Rohit de Souza as CEO, succeeding Paul O’Brien, who will remain as an advisor. De Souza brings significant leadership experience from his previous roles at Actian and Micro Focus.
“We are thrilled to welcome Rohit to lead MariaDB in its next phase of growth,” said Sujit Banerjee, Managing Director of K1 Operations, LLC. “His expertise in driving innovation and growth will be invaluable as we work together to accelerate product innovation and expand MariaDB’s reach in the global enterprise market.”
With nearly 700 customers across industries such as banking, telecommunications, and government, MariaDB is known for providing scalable and innovative database solutions. Under De Souza’s leadership, the company is expected to continue its focus on delivering AI-driven and cloud-native solutions to meet the growing demand for enterprise data management.