Cloud Database Company MongoLab Raises $3 Million From Multiple Investors
San Francisco based cloud database company ObjectLabs has raised $3 million in Series A funding led by Foundry Group, GRP Partners, Baseline Ventures, Freestyle Capital, David Cohen, and a few others. ObjectLabs is best known for launching the database-as-a-service company MongoLab. MongoLab is the database-as-a-service provider for MongoDB. 10gen‘s MongoDB is used by companies like Foursquare, Bit.ly, and Etsy.
MongoLab provides cloud-based hosting services for MongoDB users on Amazon EC and Rackspace. MongoLab also can manage replication and back-up data on cloud servers.
“Developers have spent the better part of their careers writing code to change the shape of their data between object form and relational form. I recently heard one VP of Engineering refer to it as ‘our Vietnam’”, stated MongoLab CEO Will Shulman. “Since JSON is an object format, MongoDB makes a lot of these problems disappear. Developers have been waiting years for something like this.”@amitchowdhry or on Google+ at +AmitChowdhry