MongoDB has filed for its IPO by confidentially submitting an S-1 filing in the past few weeks.
The company is reported to be aiming to go public before the end of the year, according to a TechCrunch source.
MongoDB, a free and open source database program that works cross-platform and is officially classed as a NoSQL database program, has raised over $300m in equity funding since 2008 from the likes of Intel Capital and Sequoia Capital, with its last funding round coming in 2014 and valuing the company at around $1.6bn, according to the Wall Street Journal.
The company has made its name by going after Oracle, the biggest database player in town, and it has made some progress in this field. The company has been ranked as one of the top ranked databases by Solid IT.