$3M for MongoLab

Wade Roush5/19/11

San Francisco-based MongoLab, a spinoff of ObjectLabs, has raised $3 million in a funding round led by Boulder, CO-based Foundry Group, according to an announcement yesterday from Foundry. MongoLab offers hosting and support for companies using the MongoDB database system developed by New York- and Redwood Shores, CA-based 10gen. Baseline Ventures, GRP Partners, Freestyle Capital, and Bullet Time Ventures also participated in the round.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @