Cloud Cybersecurity & Infrastructure Resilience · B2B SaaS Provider
MongoDB
Cloud database platform for developers, enterprises, and regulated workloads.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- MongoDB, Inc.
- Entity type
- COMPANY
- Founded
- 2007
- Headquarters
- 1633 Broadway, 38th Floor, New York, NY 10019
- Company size
- >5,000
- Market cluster / sector
- Cloud Cybersecurity & Infrastructure Resilience
- Market role
- B2B SaaS Provider
- Ticker
- MDB
- Official website
- mongodb.com
What MongoDB does
MongoDB operates an open-core infrastructure software model anchored by a commercial cloud platform. It creates value by offering a developer-friendly document database with managed operations, multi-cloud deployment, search, vector capabilities, and migration tooling, reducing infrastructure complexity for application teams. Revenue is captured through recurring cloud usage on Atlas, enterprise subscriptions for self-managed deployments, and associated support and commercial contracts.
Category differentiation
This is the public database software company, not merely an open-source project or a hyperscaler database product. It competes with cloud databases and database services rather than adtech, martech, or media platforms.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
MongoDB, Inc. is a public software company that sells database infrastructure for modern application development. Its main business is MongoDB Atlas, a managed multi-cloud database platform delivered across AWS, Microsoft Azure, and Google Cloud, alongside self-managed enterprise software and a free community edition. The company serves developers, database administrators, data engineers, enterprise IT teams, and public sector organisations that need scalable application data infrastructure. MongoDB makes money primarily through usage-based cloud consumption on Atlas and subscription licensing plus support for self-managed enterprise deployments. The free community and entry-level tiers widen adoption, while commercial tooling such as Compass and migration software help convert developer usage into enterprise standardisation and larger production workloads.
Company news briefing
Briefing updated:
MongoDB navigates executive leadership transitions following the departure of CEO Chirantan 'CJ' Desai to Meta, prompting the appointment of long-time former leader Dev Ittycheria as Interim President and CEO. Alongside this leadership change, the Board of Directors authorised a $1.0 billion increase to its share repurchase programme, bringing total authorisation to $2.0 billion. Meanwhile, the platform's ecosystem reach continues to expand through integration as a supported data source within OpenAI's new Data Agent for ChatGPT Work, complementing the earlier rollout of Atlas App Connections.
Business model & monetisation
MongoDB monetises through a hybrid open-core and cloud software model. Atlas uses consumption-based pricing, including free entry tiers and paid usage for compute, storage, throughput, and higher-capacity clusters. Enterprise Advanced is sold through subscription licensing and commercial support for self-managed deployments. Community Edition is free and functions as an adoption funnel, while additional monetisation comes from enterprise agreements, support, and tooling that drives migration and production expansion.
- Atlas managed cloud platform
- Usage-based SaaS consumption
- Enterprise Advanced self-managed software
- Subscription licensing with support
- Government-compliant deployments
- Enterprise contract / compliant SaaS
- Community Edition
- Free adoption funnel
- Ancillary tooling and support
- Commercial support and enablement
Products & capabilities
No products with linked sources are available in this view.
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Competitors & alternatives
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Enterprise cloud infrastructure, data and AI platform.
Enterprise cloud infrastructure, data and AI platform provider.
Converged NoSQL database and no-code cloud platform for enterprises.
Open-source analytics database with managed cloud and observability.
In-memory database platform for caching, real-time data and AI workloads.
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Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
8-K Financial Filing Analysis for MongoDB (2026-10-15)
financials · Recorded impact score: 4.1/5
MongoDB, Inc. entered into an executive employment agreement with Dev Ittycheria following his appointment as Interim President and Chief Executive Officer, effective September 28, 2026. The contract provides an annual base salary of $500,000, a $500,000 one-time sign-on cash bonus, a 70% target cash bonus ($350,000), and a $15,000,000 restricted stock unit (RSU) grant vesting quarterly through October 1, 2027. Additionally, Ittycheria agreed to remain in service for at least 12 months after a permanent CEO is appointed and not terminate before April 1, 2028. Concurrently, MongoDB granted Chief Financial Officer Michael Berry a one-time retention RSU package valued at $10,000,000, vesting in three equal installments through April 1, 2028, ensuring executive continuity amid leadership transition.
- Dev Ittycheria's interim CEO compensation includes a $500,000 base salary, a $500,000 cash sign-on bonus, a $350,000 target bonus, and $15,000,000 in RSUs vesting quarterly through October 1, 2027.
- Ittycheria agreed to provide continuous service for at least 12 months following a permanent CEO's start date, terminating no earlier than April 1, 2028.
Meta may abandon cloud business for Muse AI agent
AI · Recorded impact score: 4/5
Meta Platforms may be forgoing billions in potential cloud revenue as it prioritizes its AI agent Muse. Wells Fargo analysts removed 500 megawatts of expected capacity resales from 2027 estimates, roughly $5 billion in high-margin revenue, due to Muse's early success. The firm raised its price target on Meta to $1,000 from $796, implying nearly 35% upside. Meta launched Muse on Sept. 8, allowing users to delegate tasks like email and travel booking. The company also launched Muse for Small Business and established the Meta Enterprise Platform, hiring MongoDB CEO CJ Desai to run it. Wells Fargo views 2027 as a potential trough with operating expenses around $212 billion, expecting AI revenue to contribute meaningfully in 2028. Meta's advertising engine provides flexibility to invest long-term.
- Wells Fargo removed 500 megawatts of expected capacity resales from 2027 estimates, citing Muse's success.
- Wells Fargo raised Meta's price target to $1,000 from $796, implying nearly 35% upside.
Meta Stock Rises 27% in September on AI Momentum
AI · Recorded impact score: 4/5
Meta Platforms saw its stock surge 27% in September 2026, marking its best month since November 2022. The rally was fueled by investor optimism over the company's AI advancements, particularly the successful launch of its Muse personal AI agent app on September 8, which surpassed OpenAI's ChatGPT in Apple iOS downloads. CEO Mark Zuckerberg also showcased new hardware like the Muse Charm AI pendant at the annual Connect conference. Meta's stock outperformed all mega-cap peers and the Nasdaq, which gained nearly 2% during the period. The company is positioning itself in the nascent AI agent market, competing with OpenAI's new Dots agent tools. Additionally, Meta hired MongoDB CEO CJ Desai to lead its new Meta Enterprise Platform unit and launched Muse for Small Business agent technologies. Analysts at BofA Global Research expect the enterprise AI solutions market to exceed $1 trillion by 2028, highlighting Meta's potential advantages in AI enterprise sales.
- Meta's stock closed at $725.18 on September 30, 2026, a 27% increase from the end of August.
- The last time Meta had a better month was November 2022.
MongoDB Launches Atlas Agent Engine, MongoDB 9.0, and Announces CEO Transition
Recorded impact score: 2/5
MongoDB announced several major updates: the launch of Atlas Agent Engine, MongoDB 9.0, and Atlas Infinite, a partnership with Cognition, and a CEO transition.
The Intelligent Data Platform for the AI Era
Recorded impact score: 2/5
MongoDB announces the Intelligent Data Platform for the AI Era, introducing new products like Voyage AI and Atlas Agent Engine, and highlighting MongoDB 9.0.
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Questions about MongoDB
What is MongoDB?
MongoDB is a database software company that provides a managed multi-cloud database platform, self-managed enterprise database software, and a free community edition for developers.
Who uses MongoDB?
MongoDB is used by developers, data engineers, database administrators, enterprise IT teams, and government organisations building or running modern applications.
How does MongoDB make money?
MongoDB makes money mainly from usage-based Atlas cloud consumption and subscription licensing plus support for self-managed enterprise deployments.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
15 publicly documented primary sources and citations linked across the market graph.
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