MongoDB Inc. – Providing Flexible Options To Build Modern Database.
The first programming language was the biggest step towards the growth we see in the IT industry today. Starting from C, C++, then Java, we have come a long way. Today, with more flexibility as well as more options, these newly developed programming languages and frameworks reduce the burden for the developers to a large extent. Thus, they can produce products that are innovative and fulfill all the needs of ‘today’. When we are talking about languages, we can’t forget the revolutionary progress in the DataBase industry as well. The past ten to twenty years have been the years of growth for DB as well. Oracle, MySql, and Microsoft SQL have been some traditional database languages we are well aware of. But today, developers have come with more flexible options like MongoDB and CouchDB that are more scalable and agile. The founders of MongoDB are some young professionals who built the language under the company name MongoDB Inc.
About MongoDB Inc.
MongoDB Inc. is a 15 years old company, initially known as 10gen Inc. The company headquarters is based in New York City, U.S., and it offers its services worldwide. It is a publically held company and trades on Nasdaq as MDB. The co-founders of MongoDB include Kevin P. Ryan, Eliot Horowitz, and Dwight Merriman, whereas Dev Ittycheria is the CEO of the company. As of January 2021, over 2500 people worked for MongoDB, and it made annual revenues worth US$590 million for the same financial year. The company is mainly known for its product MongoDB, and it has released nineteen versions of the same. MongoDB Community Server, MongoDB Enterprise Server and MongoDB Atlas are three of its editions.
Founding MongoDB Inc.
MongoDB Inc. is founded by the same team behind DoubleClick. The founders included Dwight Merriman, Eliot Horowitz, and Kevin Ryan. At DoubleClick, three co-founders worked mostly with databases, where they struggled with its scalability and agility. This struggle led to the idea of founding MongoDB Inc.
In 2007, they started 10gen Inc., which later became MongoDB Inc. Flybridge Capital Partners, RedHat, Intel Capital, New Enterprise Associates (NEA), Sequoia Capital and Union Square Ventures were some of the first investors, investing a sum of $81 million in venture capital funding for the establishment of the company. The company first focused on developing a platform as a service-based open-source product for its customers that would use cloud architecture. But later, the plan of the product turned towards building a document-oriented database system, a revolutionary product that was about to change the fate of the company. This system became MongoDB.
The first version of MongoDB came in 2009 as an open-source product, and till 2021, 19 version of the same has been released. By 2010, MongoDB started to expand overseas and opened offices in London, Dublin, Barcelona as well as Sydney. The company had a name change from 10gen Inc to MongoDB Inc., on the name of its flagship product, in August 2013. MongoDB Inc. had its first IPO in October 2017 and went public on Nasdaq. It had its second IPO in the year 2021.
The CEO at MongoDB Inc.
Dev Ittycheria is the current CEO at MongoDB Inc. He is a well-known entrepreneur and a venture capitalist. Dev possesses vast experience of working in the software industry as well.
Dev is a Bachelor of Science in Electrical Engineering from Rutgers University. He has worked with companies like AT&T, Teleport Communications Group, Applica, and Breakaway Solutions, in various executive positions. Dev is also the co-founder of BladeLogic and served the company as the CEO as well as the President for six years. He is also been on the board of companies like Signpost, Bazaarvoice, AppDynamics, and DataRobot, etc. In September 2014, Dev joined MongoDb Inc. as the President and CEO.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.