Wednesday, May 18, 2011

MongoLab Gets $3M

San Francisco-based MongoLab, which develops a cloud-based version of the MongoDB database software, has raised $3M in a Series A funding. The round was led by The Foundry Group, and also included Baseline Ventures, GRP Partners, Freestyle Capital and Bullet Time Ventures. MongoLab is headed by CEO Will Shulman, who was previously co-founder and CTO of Merced Systems. More information »