MongoDB Inc Class A

MDB: XNAS (USA)
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MongoDB Is a Leading Document-Based Database Provider

Business Strategy and Outlook

MongoDB is a document-based database, benefiting from growth in the cloud and the need to consume and use data variants that go beyond typical relational database setups. As technologies like the internet and the cloud are proliferating, new data needs have arisen, and MongoDB has emerged to meet some of those use cases. MongoDB is generally viewed as easy to get up and running as a developer, and it has executed a well run, go-to-market motion to grow materially over the years. We think interest MongoDB’s ease of use will persist and MongoDB’s continual development of new features will allow the company to meet new technological demands.

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