MongoDB to acquire cloud database provider MLab for $68 million

MongoDB, the New York-based company behind the popular eponymous open source NoSQL database, has acquired San Francisco cloud database provider MLab (styled “mLab”). The purchase price was $68 million, according to an 8-K filing. Founded in 2007, MongoDB employs most of the developers behind the MongoDB database, and monetizes through providing commercial support and a range of related […]