10gen software company began developing MongoDB in 2007 as a component of a planned platform as a service product. In 2009, the company shifted to an open-source development model, with the company offering commercial support and other services. In 2013, 10gen changed its name to MongoDB Inc.
On October 20, 2017, MongoDB became a publicly traded company, listed on NASDAQ as MDB with an IPO price of $24 per share.
On October 30, 2019, MongoDB teamed up with Alibaba Cloud, who will offer its customers a MongoDB-as-a-service solution. Customers can use the managed offering from BABA’s global data centers
MongoDB is a source-available cross-platform document-oriented database program. Classified as a NoSQL database program, MongoDB uses JSON-like documents with optional schemas. MongoDB is developed by MongoDB Inc. and licensed under the Server Side Public License.
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