Is MongoDB owned by Google?
MongoDB, Inc. is an independent, publicly traded company listed on NASDAQ under the ticker symbol MDB. It is not owned by Google.
Company Overview
Founded in 2007 as 10gen, MongoDB, Inc. specializes in developing and providing commercial support for the MongoDB database, a NoSQL platform that stores data in flexible, JSON-like documents.
Ownership Structure
The company's ownership is distributed among institutional investors, insiders, and the general public. Notable institutional shareholders include:
- Vanguard Group Inc: 9.89% ownership
- BlackRock Inc.: 8.01% ownership
- FMR LLC: 6.59% ownership
These figures indicate that no single entity, including Google, holds a controlling stake in MongoDB, Inc.
Relationship with Google
While Google does not own MongoDB, the two companies have collaborated to enhance MongoDB's integration with Google's cloud services. This partnership aims to provide users with a seamless experience when deploying MongoDB on Google Cloud Platform.
In summary, MongoDB, Inc. operates as an independent entity with a diverse ownership structure and maintains collaborative relationships with various technology companies, including Google.
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