MongoHQ Raises $6 Million For Database As Service Engine
Summary
MongoHQ has raised $6 million from Trinity Ventures and a host of investors for its database service for developers. The company will use the funds to expand its public cloud offering and improve its management tools for MongoDB, the popular NoSQL database. It competes with such providers as MongoLab, Amazon Dynamo DB and Heroku, which has a PostgreSQL option. MongoHQ’s value comes with its focus on uptime and the help it provides developers to scale applications. Further, as Alexia Tsotsis wrote last year, MongoHQ differentiates itself by adding enterprise level functionalities.
Funding
Amount
$6.0M
Total raised
Date
October 19, 2012
Announcement date
Investors
Webb Investment Network (WIN), Trinity Ventures, DCVC
Lead investors
Company
http://www.compose.io
Funded company
Classifications
industries
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applications
Geographic Information systems
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