Tech Company Inital Public Offerings
MongoDB IPO
On 10/18/2017, MongoDB went public.
Transaction Overview
Company Name
Announced On
10/18/2017
Transaction Type
IPO
Amount
$192,000,000
Proceeds Purpose
The principal purposes of this offering are to increase our financial flexibility, create a public market for our Class A common stock and facilitate our future access to the capital markets. Although we have not yet determined with certainty the manner in which we will allocate the net proceeds of this offering, we currently intend to use the net proceeds from this offering for working capital and other general corporate purposes, including continued investments in our product offerings, growing our customer base, expanding the subscriptions of our existing customers, driving usage of MongoDB Atlas, fostering the MongoDB developer community and expanding our international footprint.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
229 West 43rd St. 5th Floor
New York, NY 10036
USA
New York, NY 10036
USA
Phone
Website
Email Address
Overview
MongoDB (Nasdaq: MDB) is reinventing data management and powering big data as the leading NoSQL database. Designed for how we build and run applications today, MongoDB empowers organizations to be more agile and scalable.
Management Team
Title
Name
Email & Social
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