Red Hat and Intel invest in 10gen’s NoSQL, MongoDB
After May’s $42m funding round, 10gen pick up further investment from two big players. Does this seal MongoDB’s enterprise relevance?
MongoDB’s rise to NoSQL
prominence shows no signs of abating, with new enterprise backing
from Red Hat and Intel Capital, the company’s investment
10gen, the brains behind the document-oriented
announced yesterday that
a “strategic investment” from the two companies
would be used to “further invest in product development for MongoDB
and to better support its rapidly growing community and user base
No financial information was disclosed in the investment
TechCrunch estimate it to be around $7.6
GigaOM quote 10gen CEO Dwight Merriman as
saying it was “smaller than the last round” in May, where
$42m was raised.
This isn’t the first time that Red Hat have dabbled with
MongoDB, with collaboration between the two companies to add
MongoDB to OpenShift in 2011. Back in April, Red Hat
further extended the olive branch by revealing details of deploying
MongoDB in Red Hat Enterprise Linux and JBoss Middleware solutions,
renewing their commitment to the NoSQL database.
However, this is Intel’s first
foray into the world of non-relational databases, suggesting that
MongoDB is mature enough to pique the interest of those previously
unwilling to dip their toe into the water.
Lisa Lambert, Vice President of Intel Capital, said of the
investment: “The NoSQL marketplace has gone through a huge
transformation from a community driven market to running production
systems for some of the world’s largest infrastructures. With its
agile, scalable technology, 10gen is uniquely positioned to take
advantage of growing enterprise demand for a high performance data
With an impressive client list featuring the likes of Disney,
Forbes and MTV, 10gen continues to enjoy investment interest, which
should filter down into the development of the document store and
its expanding list of use cases.