Flybridge Leads 10gen B Round

Wade Roush11/3/09

10gen, a New York-based startup developing the open-source database MongoDB, has raised $3.4 million in Series B venture backing from Boston’s Flybridge Capital Partners and returning investor Union Square Ventures, Flybridge said yesterday. MongoDB is similar to Google’s BigTable and is considered one of the leading examples of non-relational or “NoSQL” database, designed to be sliced up into many parts and implemented across a large computing grid. “We believe MongoDB has the ability to become the predominant platform for web application development,” said Flybridge general partner Chip Hazard in yesterday’s announcement.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.