From Distributed Databases to AI Data Platforms: OceanBase Seeks Independent Funding and Accelerates Global Expansion
According to Bloomberg, the distributed database vendor OceanBase is in discussions with several top institutions for a Series A funding round of RMB 2 to 3 billion, aiming to enhance its independent operations and accelerate expansion into an AI data platform. According to insiders, OceanBase's annualized revenue reached over RMB 1.4 billion in 2026, representing a year-on-year growth of around 70%. It has thousands of customers, including China Communications Construction Bank and China Mobile, and has already established a presence in Southeast Asia, Japan, India, and Latin America. Ant Group, OceanBase