{"id":230223,"date":"2017-09-22T09:34:46","date_gmt":"2017-09-22T07:34:46","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=230223"},"modified":"2017-09-22T09:36:58","modified_gmt":"2017-09-22T07:36:58","slug":"mongodb-files-for-initial-public-offering","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/230223-mongodb-files-for-initial-public-offering.html","title":{"rendered":"MongoDB files for initial public offering"},"content":{"rendered":"<p>Database company MongoDB has filed to go public with the\u00a0Securities and Exchange Commission in the US, <strong><a href=\"https:\/\/techcrunch.com\/2017\/09\/21\/database-provider-mongodb-has-filed-to-go-public\/\" target=\"_blank\" rel=\"noopener\">TechCrunch reported<\/a><\/strong>.<\/p>\n<p>MongoDB\u2019s last round of funding was over two years ago, when it reported a $1.6-billion valuation.<\/p>\n<p>It has raised over $300 million in equity financing since 2008 from investors such as\u00a0Sequoia Capital, Intel Capital, and NEA.<\/p>\n<p>The company helps enterprises manage databases, and its offerings include the MongoDB open source database and a database-as-a-service called Atlas.<\/p>\n<p>Its open source &#8220;freemium&#8221;\u00a0Community Server is popular among startups, and has been downloaded over\u00a030 million times.<\/p>\n<p>MongoDB acknowledged that since its database server is open source software, community edition users may not convert to customers. They may even become competitors.<\/p>\n<p>&#8220;We do not have visibility into how our software is being used by licensees, so our ability to detect violations of the AGPL is extremely limited,&#8221; said the company.<\/p>\n<h3 class=\"my-4\">Now read:\u00a0<a href=\"https:\/\/mybroadband.co.za\/news\/business\/229621-roku-aims-to-raise-219-million-in-ipo.html\">Roku aims to raise $219 million in IPO<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>MongoDB has filed to go public with the\u00a0Securities and Exchange Commission in the US.<\/p>\n","protected":false},"author":23,"featured_media":224692,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19,25],"tags":[32220],"class_list":["post-230223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-cloud-hosting","tag-mongodb"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/230223"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=230223"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/230223\/revisions"}],"predecessor-version":[{"id":230243,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/230223\/revisions\/230243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/224692"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=230223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=230223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=230223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}