MongoDB Inc
NASDAQ:MDB

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MongoDB Inc
NASDAQ:MDB
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Price: 246.39 USD 0.72% Market Closed
Market Cap: 18.3B USD
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MongoDB Inc
Investor Relations

MongoDB Inc., founded in 2007 by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, emerged in the bustling technology landscape as a fresh face eager to redefine how databases functioned. Rooted in the innovative avenues of New York City, MongoDB sprung forth as the answer to the rigid and often cumbersome constraints of traditional relational databases. The founders, equipped with experience from their work at DoubleClick, set out to create a database that was adaptable, easy to scale, and capable of handling massive volumes of unstructured data seamlessly. With its flagship open-source product, the company offered a NoSQL database solution that allowed organizations to store data in a flexible, JSON-like format, supporting an array of applications—from web apps to large enterprise systems. MongoDB revolutionized the arena of data storage with its horizontal scalability, allowing businesses to add storage capabilities seamlessly across servers, thus catering to the growing, ever-changing demands of data-driven industries.

As MongoDB’s reputation soared, so did its monetization opportunities. Recognizing developers as the linchpins of tech-driven companies, MongoDB's business model focused on providing robust, cloud-based services tailored to their needs. It capitalized on offering MongoDB Atlas, a fully managed cloud database service, which provides convenience and value by eliminating the need for businesses to manage the underlying infrastructure. Companies benefit from the platform's flexibility, scalability, and real-time data analysis, which are bundled into tiered subscription plans. This approach has underscored MongoDB’s revenue stream—balancing between community-driven open-source goodwill and the lucrative allure of premium offerings. By offering comprehensive enterprise solutions and professional support services, MongoDB Inc. has managed to transform its innovative technology into a sustainable business formula, capturing substantial market share as a preferred choice for modern data management needs.

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Management

Mr. Dev C. Ittycheria
President, CEO & Director
No Bio Available
Mr. Dwight A. Merriman
Co-Founder & Director
No Bio Available
Mr. Jim Scharf
Chief Technology Officer
No Bio Available
Ms. Mindy Lieberman
Chief Information Officer
No Bio Available
Mr. Peder Ulander
Chief Marketing & Strategy Officer
No Bio Available
Ms. Harsha Jalihal
Chief People Officer
No Bio Available
Mr. Ronnen Miller
Executive Vice President of Global Technical Services
No Bio Available
Ms. Cailin Nelson
Executive Vice President of Cloud Engineering
No Bio Available
Mr. Alan Chhabra
Executive Vice President of WW Partners & Public Sector and Asia
No Bio Available
Mr. Sahir Azam
Chief Product Officer
No Bio Available

Contacts

Address
NEW YORK
New York City
1633 Broadway Fl 38
Contacts
+18662378815.0
www.mongodb.com