MongoDB provides a document-centric database platform that simplifies how developers model, store and query application data. The company emphasizes developer productivity, horizontal scalability and flexible data models that avoid rigid relational schema. Over time MongoDB expanded from open-source roots to a full cloud offering MongoDB Atlas which bundles managed database operations, automated scaling, advanced search and vector capabilities, and enterprise controls.
What Is MongoDB and What Does It Do?
MongoDB, founded in 2007 by Kevin Ryan, Eliot Horowitz and Dwight Merriman, is a New York City–based (United States) open-source and cloud database company that builds developer-friendly data platforms for modern applications. With a team of 5,037 employees, MongoDB delivers both the core database and MongoDB Atlas, its managed DBaaS across major cloud providers.
The company’s technology lets developers model complex data as JSON-like documents, run high-performance queries, and deploy globally distributed clusters with built-in security, search and analytics reducing operational overhead for engineering teams while enabling rapid product iteration.
How Much Funding Has MongoDB Raised?
1. Post-IPO
- Amount Raised: $1,000M
- Date: January 10, 2020
- Lead Investors: Institutional participants
- Motivation: Accelerate Atlas rollout, cloud infrastructure and enterprise sales.
2. Post-IPO
- Amount Raised: $250M
- Date: June 2018
- Lead Investors: Institutional participants
- Motivation: Scale operations and international expansion.
3. Series F
- Amount Raised: $7.7M
- Date: March 09, 2017
- Lead Investors: Strategic VCs and partners
- Motivation: Product development and growth-stage scaling.
Total Funding Raised: $311 Million
Latest Funding Date: January 10, 2020
Key Investors
1. Sequoia Capital
- Details: Early-stage and growth VC with deep enterprise software playbook.
- Investment Focus Areas: Infrastructure, developer platforms, enterprise SaaS.
- Notable Investments: Google (early networks), Stripe, Dropbox, MongoDB.
2. Intel Capital
- Details: Strategic corporate investor backing compute and data infrastructure.
- Investment Focus Areas: Cloud infrastructure, data platforms.
- Notable Investments: Cloudera, Mirantis, MongoDB-era partnerships.
3. Red Hat / In-domain Investors
- Details: Enterprise software and open-source ecosystem backers often collaborating on integration.
- Investment Focus Areas: Open-source stacks, enterprise middleware.
Where Is MongoDB’s Headquarters?
MongoDB is headquartered in New York City, United States, providing proximity to enterprise customers, developer communities and cloud partners.
What’s Next for MongoDB?
MongoDB will deepen Atlas capabilities vector search, distributed transactions, edge and multi-cloud orchestration while improving developer tools, cost efficiency and enterprise governance to capture the growing market for cloud databases and AI-enabled application backends.
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