The Garage
MDB · New York, New York

MongoDB

The open-source document rebel that broke the century-old relational database cartel to store the world's unformatted big data.

Founded 2007
By Dwight Merriman, Eliot Horowitz, Kevin Ryan
Live Price
Today
Symbol
MDB
2007
The DoubleClick ad-server infrastructure trauma and the document vision
MongoDB was founded under the name 10gen by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, the engineering minds behind the early digital ad network DoubleClick. During their tenure at DoubleClick, they constantly faced severe architectural blockages because traditional relational databases (like Oracle and MySQL) forced web data into rigid, pre-defined rows and columns, unable to scale horizontally during massive internet traffic surges. They engineered an entirely new, open-source database model that saved data as flexible, schema-free document objects resembling JSON formatting.
2013
The official corporate rebranding and the open-source community explosion
Realizing the open-source database engine—renamed MongoDB (short for humongous)—was capturing the hearts of millions of software developers globally, 10gen officially dropped its original name to become MongoDB, Inc. The platform gained an absolute cult following among engineers because it eliminated the need for complex object-relational mapping software, allowing web developers to write database queries directly in native JavaScript syntax. This grassroots developer adoption forced conservative enterprise CTOs to take the non-relational database architecture seriously.
2018
The aggressive Amazon documentDB clone war and the SSPL defense
MongoDB faced an existential competitive threat when Amazon Web Services launched DocumentDB, a direct, commercial clone of the MongoDB API designed to siphon away paying enterprise cloud customers. In a bold, highly controversial counter-strike, MongoDB abandoned its traditional open-source licensing agreement, adopting the new Server Side Public License (SSPL). This historic legal maneuver legally forced any cloud hyperscaler offering MongoDB as a commercial service to completely open-source their entire underlying management code, effectively halting AWS's free ridership.
2021
The Atlas cloud migration explosion and the death of on-premise sales
Under the aggressive, highly disciplined operational leadership of CEO Dev Ittycheria, MongoDB successfully pulled off a high-stakes business model transformation. The corporation aggressively shifted its entire revenue engine away from traditional, on-premise software licenses toward its fully managed cloud database service, MongoDB Atlas. The Atlas cloud offering exploded in popularity, quickly growing to represent over 65% of the company's total revenue mix, turning the firm into a true multi-cloud software hyper-scaler.
2026
The vector database expansion and the enterprise unstructured data lock-in
By mid-2026, MongoDB, Inc. hit record financial heights, pushing its annual recurring revenue engine past $2.5 billion under Dev Ittycheria's execution. The database monolith successfully scaled its Atlas Vector Search capabilities, positioning itself as the core repository for storing complex, unstructured training data feeds for enterprise Generative AI workflows. The New York-based developer favorite successfully defended its premium market cap against legacy database giants.
Frequently Asked Questions
Who founded MongoDB?
MongoDB was founded by Dwight Merriman, Eliot Horowitz, Kevin Ryan.
When was MongoDB founded?
MongoDB was founded in 2007.
Where was MongoDB founded?
MongoDB was headquartered in New York, New York.
Why was MongoDB created?
MongoDB was founded under the name 10gen by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, the engineering minds behind the early digital ad network DoubleClick. During their tenure at DoubleClick, they constantly faced severe architectural blockages because traditional relational databases (like Oracle and MySQL) forced web data into rigid, pre-defined rows and columns, unable to scale horizontally during massive internet traffic surges. They engineered an entirely new, open-source database model that saved data as flexible, schema-free document objects resembling JSON formatting.
What does MongoDB do?
The open-source document rebel that broke the century-old relational database cartel to store the world's unformatted big data. Discover how MongoDB broke the relational database cartel, survived an aggressive AWS cloning ambush, and transitioned into a multi-billion dollar cloud giant.
How did MongoDB grow?
By mid-2026, MongoDB, Inc. hit record financial heights, pushing its annual recurring revenue engine past $2.5 billion under Dev Ittycheria's execution. The database monolith successfully scaled its Atlas Vector Search capabilities, positioning itself as the core repository for storing complex, unstructured training data feeds for enterprise Generative AI workflows. The New York-based developer favorite successfully defended its premium market cap against legacy database giants.
Tools & Platforms
For Investors
The market doesn't care about your feelings.
But your broker's fees do.
Most people have a brokerage account. Fewer understand what it really costs them — in spreads, in fees, in missed instruments. Malta-regulated, direct market access, 600,000+ instruments.
Explore platforms
For Entrepreneurs
Opening a US company costs $300.
Most people think it's complicated. It isn't.
Most founders spend weeks on formation, banking and payments. The ones who move fast know which tools to use before they start. A US LLC, a real business account, and a way to pay people — in that order.
Start here
For C-Suite
Your competitor pays $200 less per month for EOR.
You're still on a spreadsheet.
BVNK hired 20% of its workforce through Deel. The smartest operators aren't managing payroll complexity — they're outsourcing it. EOR in 150+ countries, multi-currency accounts, workforce payments at $200 less per month than competitors.
Calculate hiring cost
Crypto.com PLUS Card
PLUS
2.0%
back in crypto · on every spend
€3.99 / month
or €39.90/year (€3.32/month)
Zero trading fees up to $20K/month
2.0% back in crypto on card spend
0% foreign exchange fees
EUR Cash Yield up to 1.35% p.a.
CRO Yield up to 2.00% p.a.
Virtual Visa card · Flexible cancel
Join PLUS →
Crypto.com PRO Card
PRO
3.0%
back in crypto · on every spend
€24.99 / month
or €249.90/year (€20.82/month)
Zero trading fees up to $50K/month
3.0% back in crypto on card spend
0% foreign exchange fees
EUR Cash Yield up to 1.70% p.a.
CRO Yield up to 2.50% p.a.
Airport lounge access (Priority Pass)
Join PRO →
Crypto.com PRIVATE Card
PRIVATE
4–6%
back in crypto · on every spend
CRO Lockup from €45,000
8.5% yield · 12-month staking · €450K tier at 9.5%
Zero trading fees · Unlimited volume
4.0%–6.0% back in crypto
0% foreign exchange fees
EUR Cash Yield up to 1.80% p.a.
Extra 1% p.a. on Earn allocations in CRO
VIP events · Exclusive experiences
8.5% CRO lockup rewards
Join PRIVATE →
Back to The Garage