10Gen, MongoDB Producer, Raises $6.5 in Third Round of Financing
The announcement that 10gen, the company behind MongoDB, raised $6.5 was published on too many places , so I just wanted to drop a couple of comments:
- when I read “market leader” I always ask myself two questions:
- by what criteria is the company considered a market leader?. There are numerous way to rank companies in a market and it is essential to understand the criteria used to decide if one is or is not a leader
- haven’t PR people learned over years that this sound like pure BS
- funding in the NoSQL market seem to remain very low:
- it might be that most of the companies in the NoSQL market are service oriented
- it might just be that’s the standard funding for software companies
- Sequoia Capital seems to have a track record in identifying successful companies
Resources
- Sequoia Capital: ☞ 10gen Advances MongoDB’s Lead in the NoSQL Market Adding Sequoia Capital as New Investment Partner
- GigaOm: ☞ 10gen Raises $6.5M to Dominate the NoSQL Space
- Business Insider: ☞ MongoDB Creator 10gen Raises $6.5 Million From Sequoia
- MarketWire: ☞ 10gen Advances MongoDB’s Lead in the NoSQL Market Adding Sequoia Capital as New Investment Partner
- VentureBeat: ☞ 10gen gets $6.5M from Sequoia for its web database software
- vatornews: ☞ 10gen takes home $6.5M
- CloudAve: ☞ 10Gen Raises $6.5M funding To Push MongoDB Ahead In The NoSQL Race
Original title and link: 10Gen, MongoDB Producer, Raises $6.5 in Third Round of Financing (NoSQL databases © myNoSQL)
