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May 29, 2012 04:00 pm GMT
10gen, the company behind the increasingly popular NoSQL database MongoDB today announced that it has secured a new $42 million financing round let by New Enterprise Associates. This round also includes participation from existing investors Sequoia Capital, Flybridge Capital Partners and Union Square Ventures. 10gen says that it plans to use the financing to "invest in product development for MongoDB and the MongoDB Monitoring Service (MMS) and to better support its rapidly growing community and user base worldwide."Including this round, 10gen has now raised more than $73 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7IV1Mhpq5ZE/
MongoDB Developer 10gen Raises $42 Million Round Led By New Enterprise Associates
10gen, the company behind the increasingly popular NoSQL database MongoDB today announced that it has secured a new $42 million financing round let by New Enterprise Associates. This round also includes participation from existing investors Sequoia Capital, Flybridge Capital Partners and Union Square Ventures. 10gen says that it plans to use the financing to "invest in product development for MongoDB and the MongoDB Monitoring Service (MMS) and to better support its rapidly growing community and user base worldwide."Including this round, 10gen has now raised more than $73 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7IV1Mhpq5ZE/
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