Nasdaq Welcomes MongoDB, Inc. (Nasdaq: MDB) to the Nasdaq Stock Market
October 19 2017 - 11:54AM
MongoDB, Inc. (Nasdaq:MDB), the leading modern, general purpose
database platform, rang the opening bell at the Nasdaq MarketSite
in Times Square today in celebration of its initial public offering
(IPO) on The Nasdaq Stock Market.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/78fda2ef-22db-463b-8da6-e4c75a89c5f2
http://www.globenewswire.com/NewsRoom/AttachmentNg/1d64f478-4ad5-4292-b219-82deba3640d9
MongoDB’s platform unleashes the power of software and data for
developers and the applications they build. A database is at the
heart of every software application. As a result, selecting a
database is a highly strategic decision that directly affects
developer productivity, application performance and organizational
competitiveness. MongoDB built its platform to run applications at
scale across a broad range of use cases in the cloud, on-premise or
in a hybrid environment. MongoDB’s platform addresses the
performance, scalability, flexibility and reliability demands of
modern applications while maintaining the core capabilities of
legacy databases. This allows software developers to build or
modernize applications quickly and intuitively, making developers
more productive and giving their organizations a competitive
advantage.
“Today is an important milestone for MongoDB. Defying
conventional wisdom, our founders started a database company right
here in New York City to serve the needs of developers everywhere.
Ten years later, we’ve taken that bold idea and transformed it into
a company with over 800 employees serving over 4,300 customers,
including over half of the global Fortune 100,” said Dev
Ittycheria, President and CEO, MongoDB. “I’m incredibly proud of
the team that made this happen, but this is just one milestone
along a much larger journey. Tomorrow it’s back to business as
usual, where we continue to help customers unleash the power of
software and data to transform their businesses.”
“We couldn’t be more excited to welcome MongoDB to join us
today, particularly during Techweek New York. As one of the NYC’s
most exciting tech pioneers, MongoDB joins the Nasdaq family of
leading technology companies and industry disruptors,” said Nelson
Griggs, President of the Nasdaq Stock Exchange. “MongoDB’s
technology has been essential to their customers’ digital
transformation. They are redefining how organizations across
industries engage with their customers, operate their businesses
and compete with each other. We are proud that MongoDB chose Nasdaq
as their exchange partner and we look forward to celebrating their
continued success.”
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Information about the
company is provided by the company or comes from the company’s
public filings and is not independently verified by Nasdaq.
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Nasdaq-listed companies are not guarantees of future performance.
Actual results may differ materially from those expressed or
implied. Past performance is not indicative of future results.
Investors should undertake their own due diligence and carefully
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PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading,
clearing, exchange technology, listing, information and public
company services. Through its diverse portfolio of solutions,
Nasdaq enables customers to plan, optimize and execute their
business vision with confidence, using proven technologies that
provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 90 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to approximately 3,900 total listings with a market
value of approximately $12 trillion. To learn more, visit:
http://business.nasdaq.com
About MongoDB
MongoDB is the leading modern, general purpose database
platform, designed to unleash the power of software and data for
developers and the applications they build. Headquartered in New
York, MongoDB has more than 4,300 customers in over 85
countries, including more than half of the global Fortune 100.
The MongoDB database platform has been downloaded over 30
million times and there have been more than 700,000 MongoDB
University registrations.
Media Relations Contact:
- Stephanie Lowenthal
- (646) 441-5073
- Stephanie.Lowenthal@nasdaq.com
|
- Emily Pan
- (646) 441-5120
- emily.pan@nasdaq.com
|
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