Gigaom | 10gen raises $20M for MongoDB in maturing NoSQL space

Funding Rounds

▤ Summary

10gen, the startup focused on commercial support of the open-source MongoDB NoSQL database, has raised $20 million in a Series D funding round. The latest round speaks to the popularity of the MongoDB document database, even as the hype around NoSQL has died down as large organizations familiarize themselves with the various products. According to 10gen founder and CEO Dwight Merriman, his company now has more than 400 customers, and the free version of its MongoDB distribution experiences more than 100,000 downloads per month. Merriman chalks up his company’s fundraising success to MongoDB’s capabilities, which have attracted large users such as Disney (s dis), Viacom (s via) and the New York Times. (s nyt) With the new funding, he said 10gen will expand its global footprint with offices in Europe and Asia, and it will work to build new capabilities into MongoDB, including aggregation and full-text search.

$ Funding

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Amount $20.0M Total raised
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Date September 12, 2011 Announcement date
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Investors Union Square Ventures, Flybridge Capital Partners Lead investors
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Company http://www.mongodb.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Web and Content Management

◇ AskAI Classifications

Labels
Database Software Cloud Infrastructure Software Developer Tools

▦ Linked Companies

MongoDB, Inc.
$1M to $5M