A $1.6 billion rival to Oracle and Amazon just filed to go public (ORCL)

Sep 21 2017 by Business Insider

 

MongoDB, a New York-based database startup reportedly valued at $1.6 billion, officially filed for its IPO on Thursday afternoon. 

In August, TechCrunch reported that MongoDB had confidentially filed the paperwork to go public, taking advantage of new SEC rules. The fact that this paperwork appeared publicly on the Securities Exchange Commission's system appears to confirm that earlier report.

You can read the full filing here. The company plans to trade on NASDAQ under the symbol...

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