MongoDB Secures $80M in Funding

MongoDB-LogoMongoDB, a NYC and and Palo Alto, CA-based provider of DBMS technology, secured an additional $80m in funding.

The round was led by a sovereign wealth fund, with participation from Goldman Sachs and existing investors Altimeter Capital, NEA, Sequoia and funds managed by T. Rowe Price Associates, Inc.

The company, which has raised a total of $311m to date, intends to use the funds to further accelerate the delivery of its technology while scaling the business globally.

Led by Dev Ittycheria, President and CEO, MongoDB is now used by over 2,000 customers, including 34 of the Fortune 100 and many other companies including Adobe, ADP, Amazon, AT&T, Bosch Software Innovations, Buzzfeed, Cisco, Craigslist, Dropbox, eBay, eHarmony, Expedia, Foursquare, Facebook’s Parse, Forbes, The Gap, Gilt Groupe, Goldman Sachs, Gov.UK, Intuit, McAfee, MetLife, MTV, O2, Salesforce, Shutterfly and Under Armour.
More than 750 companies are part of its partner ecosystem, including Amazon Web Services, CapGemini, CGI, Cloudera, Cognizant, EMC, Google, HCL, Hortonworks, IBM, Infusion, MapR Technologies, Microsoft, Pentaho, Pure Storage, Rackspace and Red Hat.



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