The database software supplier, which has raised more than $310m from investors including Salesforce, Intel, EMC, Dell and Red Hat, has filed to go public.
US-based database software provider MongoDB has filed for a $100m initial public offering that will allow enterprise software producer Salesforce, chipmaker Intel and data software providers EMC and Red Hat to exit.
MongoDB has developed an open-source database platform that has been downloaded more than 20 million times, and it relies on subscriptions for revenue. It made a net loss of $45.8m from $68m in revenue in the six months leading up to the end of July 2017.
The…
