mLab, based in San Francisco, California, is a fully-managed cloud database service featuring automated provisioning and scaling, backup and recovery, 24/7 monitoring and alerting, web-based management tools, and support. At acquisition it hosted approximately one million databases across free and paid tiers, with particular traction among developer-centric startup communities served through a self-serve model.
Why it was attractive
- 01 Approximately one million hosted databases and a large developer-centric startup customer base addressable for migration to MongoDB Atlas
Capabilities acquired
managed cloud database serviceautomated provisioning and scalingbackup and recovery24/7 monitoring and alertingweb-based management toolsself-serve onboarding
MongoDB represents a dramatic sea change in how application developers work with data. There is a trend towards building software systems via microservices and deploying those systems in the cloud. As this trend continues, we anticipate it will open enormous market opportunities for global cloud databases, and MongoDB will be well positioned to power these types of software systems in ways that other database technologies cannot.
mLab has been particularly successful focusing on developer-centric startup communities via a self-serve model. We're excited to bring that self-serve and database-service expertise to MongoDB and believe mLab is an efficient way to capture a large number of customers. We will shortly begin the process of moving mLab customers to Atlas.
Post-close · earnings-call commentary
MongoDB management, Q1 FY2020 earnings call (Jun 5, 2019): "As a reminder, our first quarter results include the impact of mLab, which we acquired in November 2018 and performed in line with our expectations. Excluding mLab, organic growth in the business remained very strong."