MongoDB Gains Financial Support {Comments Off on MongoDB Gains Financial Support}

by Tyler K

10Gen, a major NoSQL Database technology vendor, has just gained 42 million dollars from several organizations, Computerworld.com reports; this increases the capital invested in the company by over 100% of its previous value – according to the article, “10gen has raised about $73 million from a slew of big name investors,” including MTV, NY Times, HP, and Viacom (Vijayan, 2012).  The article also details various other statistics concerning the MongoDB developer: 400 commercial customers with over 1000 servers are utilizing MongoDB, and the staffing has increased to 130 members from 20.  MongoDB’s uses horizontal scaling as opposed to vertical (think of vertical as creating a single table full of user information, and horizontal has a table schema with individual tables without a central database storing the data) and the massive growth of the company is credited to the approach that MongoDB is taking.  An advantage include the ability to run on hardware clusters, easily incorporate new hardware into the cluster, and doesn’t utilize the traditional structure that the typical DB admin imagines – in fact, it can function without any pre-defined schema at all!  Competitors in the NoSQL field such as Couchbase and DataStax have also gained tens of millions in investments as well, but so far, 10Gen leads the way. read more...