NoSQL DB Company 10gen Raises $81 Million Total
Intel Capital and Red Hat has invested in NoSQL database company 10gen. 10gen has now raised a total of $81 million. 10gen is known as being the sponsor for popular open source NoSQL database MongoDB. This round of funding was undisclosed. According to TechCrunch, the company now has a total of $81 million in funding.
This past May, New Enterprise Associates led a $42 million round into the company with existing investors. In-Q-Tel followed that up with an undisclosed round. The Series E announcement today will go towards product development and worldwide community development.
MongoDB is an open source document-oriented database system that is part of the NoSQL family of database systems. Rather than storing data in tables in a relationship database, MongoDB stores structured data as JSON-like documents with dynamic schemas. This makes the integration of data in certain applications easier and faster. 10gen started the development of MongoDB in October 2007 and it is used by MTV, Craigslist, and Foursquare.
This past October 10gen and Red Hat announced that they would be collaborating on a standard way for JBOSS developers to access the MongoDB NoSQL data storage. JBOSS is a Java application server that is used by thousands of enterprises.