Unable to check database version. (Database Configuration)

First time setup, everything goes smooth for me until I get to Step 5 Database Configuration.

Background
Amazon EC 2 Instance
Ubuntu Server 14.04 LTS (PV), SSD Volume Type - ami-23ebb513
SuiteCRM 7.2 MAX
Typical Install
MySQL

I have created a user called dev and have granted him ALL PRIVILEDGES

Please fix the following errors before proceeding:

The provided database host, username, and/or password is invalid, and a connection to the database could not be established. Please enter a valid host, username and password
Unable to check database version.

I’m never getting pass “Verifying DB Credentials…”