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nosql database maker mongodb banks $192m in ipo


mongodb, which has been among the most popular freely available open source nosql databases in the market for a decade, has taken its business to the public stock market on the nasdaq exchange, offering 8 million shares at $24 each the evening of oct. 18.it was a slam-bang successful debut; the oversubscribed initial public offering resulted in a $192 million bank deposit for the new york city-based company. shares opened oct. 19 at $33 apiece and closed at $32.07.karl utermohlen of investorplace published on yahoo news the following data points investors should know about the company’s decision to go public:the company listed its stock on the nasdaq under the symbol mdb.mongodb’s initial public offering included 8 million shares.the shares were offered at $24 a share wednesday night, abov






mongodb doubles down on the enterprise


special feature the cloud v. data center decision while companies used to have to justify everything they wanted to migrate to the cloud, that scenario has flipped in recent years. here's how to make the best decisions about cloud computing.as nosql pioneer, mongodb has always played a rebel role in defining a new kind of database. while it used to be confined to "new applications," we estimate that today, up to a third of its workloads are getting poached from the oracles and sql servers of the world. mongodb considers oracle and microsoft, not couchbase or datastax, as its prime competition.from the get-go, mongodb's core constituency has been developers, but the recurrent theme of its annual event, mongodb world in chicago this week, was all about enterprise: mongodb is increasingly han






mongodb’s atlas database service goes freemium


mongodb is still best known for its flagship nosql database product, but last year, the company also launched atlas, a managed database-as-a-service offering that runs on aws. at the time, mongodb only offered a paid version of this service (which made sense, given that the company has to pay aws for its servers), but starting today, it’ll offer developers who want to simply learn about mongodb or start developing and prototyping apps on top of the service a free tier, too.that free tier is somewhat limited, of course. you’ll only get 512mb of storage, for example, you will, however, still get access to the same highly available atlas clusters as paying customers, and your data will be encrypted at rest and while it’s traveling. it’s basically the same service paying customers get, except






mongodb stitch: serverless compute with a big difference


image: getty images/istockphoto mongodb's new stitch service is another approach to delivering serverless compute, but with one big difference: it's got state. most serverless computing implementations are stateless: they spin up in response to a trigger and once the function they host has run, they're deleted. there's no need to store state from instance to instance, as they're just part of an overall application. that doesn't stop you storing state elsewhere of course, using tools like twilio's sync or a document database.building a serverless compute environment on top of a document database makes sense for mongodb, with a focus on more complex applications than twilio functions or aws lambdas. mongodb sees its shift to platform as more akin to that of a platform as a service, especiall






mongodb finishes up 34% in database ipo


new york-based mongodb went public on the nasdaq on thursday, finishing the day at $32.07, up 34% above its ipo price of $24. this is also above the proposed range of $20 to $22, which had been increased from $18 to $20.the ipo netted $192 million for the company and valued it at about $1.18 billion. by the end of the day’s trading, the market cap was about $1.6 billion, the same as the reported $1.6 billion valuation from its financing round over two years ago. mongodb previously raised more than $300 million in equity financing dating back to 2008. sequoia capital, flybridge capital and union square ventures hold the largest stakes.the company works with enterprises, including adobe, ebay and citigroup, to manage their databases. some of mongodb’s offerings include its name-bearing mongo






mongodb finishes up 34% in database ipo


new york-based mongodb went public on the nasdaq on thursday, finishing the day at $32.07, up 34 percent above its ipo price of $24. this is also above the proposed range of $20 to $22, which had been increased from $18 to $20.the ipo netted $192 million for the company and valued it at about $1.18 billion. by the end of the day’s trading, the market cap was about $1.6 billion, the same as the reported $1.6 billion valuation from its financing round over two years ago. mongodb previously raised more than $300 million in equity financing dating back to 2008. sequoia capital, flybridge capital and union square ventures hold the largest stakes.the company works with enterprises, including adobe, ebay and citigroup, to manage their databases. some of mongodb’s offerings include its name-bearin






mongodb launches stitch, a new backend as a service, and brings atlas to azure a


mongodb is hosting its annual developer conference in chicago this week and no good developer conference would be complete without a few product launches. mongodb used today’s keynotes to announce an update to its atlas managed database-as-a-service offering, which also now runs on microsoft azure and google’s cloud platform, as well as two completely new products: stitch, a new backend as a service (baas) tool that sits on top of the mongodb database and helps developers stitch together different third-party services, and mongo charts, a new tableau-like business intelligence service for charting information in mongodb databases.in many ways, stitch marks mongodb’s first foray outside its core database services. as mongodb cto and co-founder eliot horowitz told me, the team realized that






mongodb launches stitch, a new backend as a service, and brings atlas to azure a


mongodb is hosting its annual developer conference in chicago this week and no good developer conference would be complete without a few product launches. mongodb used today’s keynotes to announce an update to its atlas managed database-as-a-service offering, which now also runs on microsoft azure and google’s cloud platform, as well as two completely new products: stitch, a new backend as a service (baas) tool that sits on top of the mongodb database and helps developers stitch together different third-party services, and mongo charts, a new tableau-like business intelligence service for charting information in mongodb databases.in many ways, stitch marks mongodb’s first foray outside of its core database services. as mongodb cto and co-founder eliot horowitz told me, the team realized th






why this new school database might be your next data warehouse


image: istockphoto/avemario with google, facebook, and other big web companies handing out the world's best data infrastructure for free, it has become a truism that all essential data infrastructure is now open source. except when it's not. i spent several years at mongodb, a leading open source nosql database. mongodb's success has attracted scores of venture-backed market entrants, one of which is memsql. where most of these new nosql entrants followed the traditional open source development and business model route, memsql moved in a totally different direction. memsql's software is (gasp!) not open source and (gasp again!) they embraced sql. even so, it keeps managing to grow in popularity, as measured by db-engines. i recently caught up with memsql founder and ceo eric frenkiel to fi






database provider mongodb has filed to go public


mongodb, a database software company based in new york, has filed to go public with the securities and exchange commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year.the company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of companies that have sought to go public by building a business around selling sophisticated tools for that software. the hope is that mongodb would be able to offer a superior experience for its open-source software and reduce the overall workload for companies that want to deploy its technology. cloudera also went public earlier this year.the company brought in $101.4 million in revenue in the most recent year ending january 31, and around $68 mil






database provider mongodb has filed to go public


mongodb, a database software company based in new york, has filed to go public with the securities and exchange commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year.the company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of companies that have sought to go public by building a business around selling sophisticated tools for that software. the hope is that mongodb would be able to offer a superior experience for its open-source software and reduce the overall workload for companies that want to deploy its technology. cloudera also went public earlier this year.the company brought in $101.4 million in revenue in the most recent year ending january 31, and around $68 mil






microsoft debuts azure cosmos db, a superset of its documentdb service


microsoft is introducing a new globally distributed database, called azure cosmos db, at day 1 of its build 2017 developer conference in seattle. credit: microsoft azure cosmos db is a superset of microsoft's existing nosql documentdb service. microsoft is transitioning all existing documentdb customers and their data to azure cosmos db for no additional charge, officials said on may 10.(in case you're wondering, in spite of the shared "cosmos" naming, azure cosmos db has no relation to microsoft's internally-developed and used "cosmos" massively parallel storage and computation service, nor the customer implementation of cosmos technologies in the form of azure data lake deliverables, officials told me.)microsoft officials said they started work on azure cosmos db in late 2010 to help mic






in-memory database provider redis labs raises $44m


redis labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by goldman sachs.redis labs is like other typical open source-based database companies, where it offers the technology for free while charging for an enterprise tier. it’s a bet that while anyone can build something on the technology, the company will have the core competency to help companies manage their databases best.the company offers a database option that’s designed to be faster thanks to operating a database on the server’s memory. by doing that, in theory, companies should be able to handle operations (like those executed in nosql). there seems to have been a bit of an uptake in database startups, given the new financing for redis labs as well as mong






this startup may have the key to greater diversity in tech


image: istockphoto/g-stockstudio most employers can barely muster on-site day care for kids, so it's pretty surprising (and awesome) to see mongodb offering childcare services at its upcoming mongodb world 2017 conference. with the us labor force participation rate of parents with children under the age of six swelling to roughly 95% (men) and 70% (women), offering parents the option of bringing their kids with them to a conference could be the difference between attendance or remaining at home. other forward-thinking organizations like the linux foundation have also started to offer such services. which brings me to a personal crusade. we often talk about the need for more diversity in tech, but we tend to do very little to actually enable it, specifically as regards working mothers. unle






microsoft seeks to capitalize on recent spate of mongodb ransomware with its doc


credit: microsoft "dear #mongodb users, we welcome you in #azure #documentdb."that's the heading on a february 16 microsoft blog post that's attempting to appeal to mongodb devs who may have been affected and/or spooked by recent ransomware attacks on unsecured mongodb databases.read this mongodb chief: why the clock's ticking for relational databases even though it may be the wrong tool for the job, the years of development behind the relational database ensure its popularity — for the moment, says mongodb's max schireson.in january, as many as 27,000 poorly configured mongodb servers were compromised, with attackers wiping data and demanding ransom for its return.in its blog post (which i found thanks to an article on the register), microsoft itemizes the ways it has secured azure docum






mongodb prices its ipo at $24 per share


mongodb has finished up what is essentially the final step in going public, pricing its ipo at $24 and raising $192 million in the process.the company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced software. mongodb provides open-sourced database software that can be pretty attractive to early-stage startups as they look to get off the ground, and then look to convert those companies (and larger ones) to paying customers by offering sophisticated tools. it’s a situation not unlike cloudera, which went public earlier this year.the company is selling 8 million shares, with an option for underwriters to purchase an additional 1.2 million shares. mongodb may raise as much






why oracle and microsoft are obsessing over smaller tech competitors


image: istockphoto/cacaroot the clearest sign that you're losing to a particular competitor is when you obsess over them. this happens all the time with smaller startups fighting over scraps, but it's particularly interesting when big companies go after much smaller competitors. two recent examples are microsoft's targeting of mongodb and oracle's fetish for amazon web services (aws).all your users belong to us microsoft azure has stormed the cloud scene, quickly establishing itself as a clear and present danger to aws. given how much others have stumbled (see below for more on that), it's refreshing to see microsoft succeed. which is why it's a little baffling that the hegemonic microsoft would see need to go after mongodb, a lilliputian-sized competitor. that blog post was written in the






marklogic adds element-level security to its nosql database


marklogic, the nosql database that helped solve the online registration snafu of healthcare.gov, the affordable care act website, back in 2013-14 (remember that mess?), launched a major update of its product may 16 at its marklogic world user conference in chicago.not every enterprise needs a big, bulky relational database. marklogic develops and provides services for an alternative database to the big relational ones that oracle, ibm, sap, microsoft sql, software ag, teradata and others built years ago and that require a lot of supervision and maintenance. most are decades-old databases that rely on often slow-moving, time-consuming etl (extract, transform and load) tools to integrate data from silos.marklogic navigates data lakes of unstructured data but also handles structured data. mar






marklogic adds element-level security to its nosql database


marklogic, the nosql database that helped solve the online registration snafu of healthcare.gov, the affordable care act website, back in 2013-14 (remember that mess?), launched a major update of its product may 16 at its marklogic world user conference in chicago.not every enterprise needs a big, bulky relational database. marklogic develops and provides services for an alternative database to the big relational ones that oracle, ibm, sap, microsoft sql, software ag, teradata and others built years ago and that require a lot of supervision and maintenance. most are decades-old databases that rely on often slow-moving, time-consuming etl (extract, transform and load) tools to integrate data from silos.marklogic navigates data lakes of unstructured data but also handles structured data. mar






ntt data announces strategic investment in nosql database provider marklogic


ntt data, the large tokyo-based global it services provider, today announced that it has made a strategic investment in database provider marklogic. the two companies declined to reveal the size of the investment, but dave ponzini, marklogic’s evp of marketing and corporate development, tells me it was “not a huge amount but not an insignificant amount either.” so far, marklogic has raised a total of more than $173 million, including a massive $102 million series f round in 2015.marklogic positions itself as a database system for integrating data from various data silos, something that’s a growing problem for large enterprises as they look into how they can get the most value out of their data. over the years (and often because of acquisitions), different groups in a company often use diff






google testing nosql cloud firestore database option for developers


google has launched a beta-version of a new fully managed nosql document database service for its firebase application development platform.the new cloud firestore database, announced oct. 3 is designed to help mobile and web application developers using firebase to store and synchronize application-related data.it supports multiple features designed specifically for cloud scale mobile and web application development environments including advanced querying for documents and data, real-time data synchronization and automatic multi-region data replication, according to google.cloud firestore also offers sdks for android, ios and web applications as well as for java server, node, python and go."we've optimized cloud firestore for app development, so you can focus on delivering value to your






iot connected teddy bear leaks millions of kids' conversations, exposed database


image: cloudpets a recent data breach of cloudpets, makers of connected teddy bears, left more than 2 million voice recordings of children and their parents exposed online. the culprit? a poorly-secured mongodb database. the breach was first reported in a blog post from troy hunt, a microsoft mvp who specializes in online security and cloud, on tuesday. in his post, hunt noted that the cloudpets data was stored in a mongodb database in a network segment that was publicly facing, and that required no authentication. further, the database was also indexed by shodan, which hunt described as "a popular search engine for finding connected things." the leak is only the latest of such incidents happening among connected children's toys. in late 2015, vtech leaked personal information of children






iot connected teddy bear leaks millions of kids' conversations, exposed database


image: cloudpets a recent data breach of cloudpets, makers of connected teddy bears, left more than 2 million voice recordings of children and their parents exposed online. the culprit? a poorly-secured mongodb database. the breach was first reported in a blog post from troy hunt, a microsoft regional director, on tuesday. in his post, hunt noted that the cloudpets data was stored in a mongodb database in a network segment that was publicly facing, and that required no authentication. further, the database was also indexed by shodan, which hunt described as "a popular search engine for finding connected things." the leak is only the latest of such incidents happening among connected children's toys. in late 2015, vtech leaked personal information of children and their families, including n






ibm's new platform readies open source databases for private cloud


image: istockphoto/anyaberkut ibm announced a new database as a service (dbaas) toolkit on wednesday that makes open source services like mongodb, edb postgresql, mysql, mariadb, redis, neo4j, and apache cassandra more accessible on private cloud deployments. the toolkit's formal name is open platform for dbaas on ibm power systems, and it runs on ibm's openpower lc servers, according to a press release. compared to x86 for edb postgresql 9.5 and mongodb, this service offers a 1.8x price-performance advantage, the release said. the overall goal is to make it easier to deploy infrastructure that is compliant with policy and fits the organization's needs. according to the release, the platform gives developers and database admins the "ability to easily deploy a fully configured private cloud






microsoft releases globe-spanning cosmos db cloud database


microsoft had bigger plans for its azure documentdb nosql service. during the build developer conference this week, the software giant announced its replacement, the globe-spanning azure cosmos db.joseph sirosh, corporate vice president of microsoft data group, described azure cosmos db as "the industry's first globally-distributed, multi-model database service," in a may 10 blog post. "azure cosmos db was built from the ground up with global distribution and horizontal scale at its core—it offers turn-key global distribution across any number of azure regions by transparently scaling and distributing your data wherever your users are, worldwide."cosmos db has been in the works since 2010, back when it was known as "project florence," sirosh said. the database supports multiple query apis






with cosmos db, microsoft wants to build one database to rule them all


advertisement “we want this to be the database of the future and to last for many decades to come,” microsoft technical fellow dharma shukla told me when we talked about cosmos db, the new globally distributed database the company is launching at its build developer conference today. and for shukla, this is a project that started seven years ago when he started prototyping what a globally distributed (or “planet-scale,” as microsoft often likes to call it) database would look like. this project (which at the time was called “project florence”) first turned into documentdb, azure’s nosql database service, which launched in 2015 and is now morphing into cosmos db.cosmos db is, in shukla’s words, “a major leap forward” from what documentdb was able to offer. documentdb only offered a subset o






with cosmos db, microsoft wants to build one database to rule them all


advertisement “we want this to be the database of the future and to last for many decades to come,” microsoft technical fellow dharma shukla told me when we talked about cosmos db, the new globally distributed database the company is launching at its build developer conference today. and for shukla, this is a project that started seven years ago when he started prototyping what a globally distributed (or “planet-scale,” as microsoft often likes to call it) database would look like. this project (which at the time was called “project florence”) first turned into documentdb, azure’s nosql database service, which launched in 2015 and is now morphing into cosmos db.cosmos db is, in shukla’s words, “a major leap forward” from what documentdb was able to offer. documentdb only offered a subset o






with cosmos db, microsoft wants to build one database to rule them all


advertisement “we want this to be the database of the future and to last for many decades to come,” microsoft technical fellow dharma shukla told me when we talked about cosmos db, the new globally distributed database the company is launching at its build developer conference today. and for shukla, this is a project that started seven years ago when he started prototyping what a globally distributed (or “planet-scale,” as microsoft often likes to call it) database would look like. this project (which at the time was called “project florence”) first turned into documentdb, azure’s nosql database service, which launched in 2015 and is now morphing into cosmos db.cosmos db is, in shukla’s words, “a major leap forward” from what documentdb was able to offer. documentdb only offered a subset o






rethinkdb's restart as a linux foundation project leaves burning questions unans


image: istockp o/gearstd rethinkdb hopes to resurrect itself within the linux foundation, as announced this week, giving it a new home and a new, developer-friendly license. it's unclear, however, how this move resolves the fundamental issues plaguing rethinkdb: three years too late and not different enough from mongodb to eke out an existence. as the new stack's data research director lawrence hecht put it, "the licensing was not the core problem." in a roundabout transaction, the cloud native computing foundation (cncf) picked up the rethinkdb ets for just $25,000, relicensed the code under a more developer-friendly license, then gifted the code to its parent, the linux foundation. what it wasn't able to buy, however, is a resolution to the thorny problems plaguing the project, as outl






rethinkdb's restart as a linux foundation project leaves burning questions unans


image: istockp o/gearstd rethinkdb hopes to resurrect itself within the linux foundation, as announced this week, giving it a new home and a new, developer-friendly license. it's unclear, however, how this move resolves the fundamental issues plaguing rethinkdb: three years too late and not different enough from mongodb to eke out an existence. as the new stack's data research director lawrence hecht put it, "the licensing was not the core problem." in a roundabout transaction, the cloud native computing foundation (cncf) picked up the rethinkdb ets for just $25,000, relicensed the code under a more developer-friendly license, then gifted the code to its parent, the linux foundation. what it wasn't able to buy, however, is a resolution to the thorny problems plaguing the project, as outl






mongodb shares pop 25% in its public market debut


mongodb made its public debut with a bang, with jumping more than 25%, today after spending the past several days revising up its expectations throughout the ipo process — which seems to have landed on the right spot.the company provides open-source technology that can be attractive for early-stage startups that want to get off the ground and then seeks to convert those companies to paying customers with premium products. since filing to go public, mongodb has steadily raised the price at which it plans to sell shares, which signals an increasing appetite for the company’s stock. the final goal is to land somewhere in the space of raising a ton of money while still letting it “pop” on public markets.so that kind of march upward seems not only a good sign for mongodb, but for ipo appetites






the seven most dangerous attack techniques: a sans institute rundown


it's become painfully clear that the threats of cyberattacks is no longer theoretical -- individuals, businesses and critical national infrastructure are all at risk. at the rsa conference in san francisco on wednesday, experts from the sans institute ran down their list of the seven worst threats and what to do about them:ransomware:ransomware combined with crypto currencies has become a powerful tool for bad actors, said ed skoudis, who leads sans pen testing and hacker exploits immersion training programs. there are more than 150 different active families of crypto ransomware available today, he noted and organizations surveyed say it's one of their top fears. why is it ideal for the bad guys? there's no need for command and control channel, they don't have to exfiltrate data and the vi






stuffed toys database left personal data exposed, says security expert


820,000 cloudpets accounts could potentially be compromised. image: cloudpets the database behind an internet-connected cuddly toy exposed the account information of over 800,000 users, while a database of over 2 million voice recordings of children and their parents was stored in a way which left them easily searchable on the internet. email addresses of over 820,000 users of the cloudpets were stored in a mongodb database within a publicly facing network segment, which could be searched without any authentication by using the shodan iot search engine, according to the report from cybersecurity researcher troy hunt. the worst passwords of 2016 are as lazy as ever please, stop using "123456."many of the passwords for the cloudpets accounts were easily crackable because no rules for passwor






replace your oracle database and deliver the personalized, responsive experience


live event date: august 30, 2017 @ 1:00 p.m. et /10:00 a.m. ptregister nowin an age of constantly rising customer expectations, customer experience has become the new competitive advantage. the problem is, traditional relational databases like oracle weren't built to meet the quickly changing requirements of modern web, mobile, and iot apps. that's why leading companies are switching to solutions like the engagement database, based on the most powerful nosql engine, to deliver the consistently brilliant, personalized, and responsive digital experiences their customers demand.in this webinar, we'll share real-world lessons learned from centeredge software, a management solutions provider that transitioned all of its customer-facing apps to the couchbase engagement database after its rdbms s






google’s globally distributed cloud spanner database service is now generally av


google today announced that cloud spanner, its globally distributed relational database service, is now generally available after what was a relatively short four-month beta period.when it launched, google positioned the service as an alternative for businesses that were about to outgrow their existing relational databases. “if you are struggling with the scale of your transactional database — you will go to a sharded database, or nosql,” google’s deepti srivastava said. “if you’re at that stage where you have to make those trade-offs, spanner is the way to go. you are already doing work to use one of those systems. we try to make that trade-off as simple as possible.”now that it is generally available, google promises its users a 99.999 percent availability and strong consistency. “as a c






google cloud spanner means admins no longer have to choose between traditional a


image: google google's new database service, cloud spanner, officially launched into public beta on tuesday, offering a blend traditional and nosql database functionality. according to a google blog post announcing the service, database administrators typically must make a decision between the transactional consistency of traditional databases or the scaling and distribution offered by nosql. however, "cloud spanner breaks that dichotomy, offering both of these critical capabilities in a single, fully managed service," the post said. according to the post, cloud spanner is a globally distributed relational database service offering both horizontal scaling and high availability. it combines both sql semantics and acid transactions. see: google cloud platform: the smart person's guide "wit






cloud database growth may be slowing as lock-in fears loom


image: istockphoto/kalawin cloud databases may be to blame for nosql's stalled momentum in 2016, but they may be seeing their own growth level off a bit. using db-engines' database popularity rankings, which amalgamate a range of datasets including stack overflow mentions and job postings, it's clear that cloud databases keep leaping toward the world's top-25 most popular databases (amazon's dynamodb has already made it). it's also clear, however, that they're no longer getting there quite as fast. this doesn't suggest we're anywhere near the apex of cloud database adoption, but rather that developers may not be ready to fully give their infrastructure and data to the cloud providers.slow and steady reading the db-engines tea leaves, it's clear that cloud databases keep growing. how much?






russia grounds proton-m rocket for 3 months


moscow — deputy russian prime minister dmitry rogozin says that proton-m rockets will be out of service for three and a half months because of engine problems.rogozin announced the delay on twitter on urday following a visit to the factory where the engines are manufactured.he says employees at the factory had been involved in faking documentation linked to the rocket and pledged that those responsible would be "harshly punished."he told journalists that: "it's lucky that it didn't end in an accident."the proton-m rockets, a workhorse of the russian space program, are used for deliveries to the international space stationrussian rockets have suffered several serious accidents in recent years. in may 2014, a proton-m rocket carrying an a nced ellite broke up shortly after launch.