|Bid||47.83 x 1000|
|Ask||47.99 x 700|
|Day's Range||47.82 - 48.19|
|52 Week Range||37.62 - 53.14|
|PE Ratio (TTM)||21.71|
|Dividend & Yield||0.76 (1.58%)|
|1y Target Est||N/A|
MongoDB, a New York-based database startup reportedly valued at $1.6 billion, officially filed...
For years now, MongoDB, a databased startup, has been mentioned here and there as competition for Oracle (ORCL) and other established database vendors. The company this evening filed its S1 prospectus with the Securities & Exchange Commission, proposing to raise $100 million in an offering underwritten by Morgan Stanley, Goldman Sachs, Barclays, Allen & Co., Stifel Nicolaus, Canaccord Genuity,and JMP Securities. The company’s software "was built by developers for developers,” claims MongoDB, and they claim it avoids pitfalls of both the relational database systems popularized by Oracle and IBM (IBM), and also newer alternatives that fall into the camp of “NoSQL.” (NoSQL is a bit of a contested moniker: MarkLogic, another startup, has tried to distinguish itself from MongoDB and Couchbase and others.) Mongo, founded in 2007, bills itself as “the leading modern general purpose database platform.” The prospectus touts the company’s accumulated downloads of over 30 million copies of its “freemium” offering.
He says it leads the pack in social media tracking and marketing.