MongoDB Raises $192 Million in Highly Anticipated IPO

New York – October 27, 2017 – Cooley advised MongoDB on its $192 million initial public offering of 8,000,000 shares of Class A common stock. The underwriters have an option to purchase an additional 1,200,000 shares. 

MongoDB, which now trades on The NASDAQ Global Select Market under the ticker symbol “MDB,” is the leading modern, general-purpose database platform, designed to unleash the power of software and data for developers and the applications they build. Headquartered in New York, MongoDB has 4,300+ customers in more than 85 countries, including more than half of the global Fortune 100. 

Cooley partner and New York corporate head Bo Yaghmaie led the team advising MongoDB.

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