MongoDB, the online database solution founded by Kevin Ryan, Dwight Merriman, and Eliot Horowitz in 2007, has filed to go public. The company has raised a total of $303.4M over nine rounds. The company will trade on the Nasdaq under ticker symbol “MDB”.
According to its S1 filing, the company recorded revenues of $101.3M in revenue in FY16 with a reported loss of $86.7M. For the first half of FY17, the company has recorded revenue of $67.9M with a loss of $45.8M. Investors in MongoDB include Altimeter Capital, Dell Technologies Capital, EquityZen, Fidelity Investments, Flybridge Capital Partners, Goldman Sachs, In-Q-Tel, Intel Capital, New Enterprise Associates, Red Hat, Salesforce Ventures, Sequoia Capital, T. Rowe Price, and Union Square Ventures.