# ObjectLabs Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/objectlabs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.mlab.com
- Total disclosed funding: $8M
- Latest round: Series B (Nov 28, 2012)
- Investors on record: 4

## About

ObjectLabs Corporation provides advanced database solutions aimed at enhancing operational efficiency and data management for businesses across various sectors, including healthcare, finance, and technology.Founded in 2011 and headquartered in San Francisco, US, ObjectLabs Corporation specializes in database technology solutions. The company was co-founded by Aditya Mishra, Mugabo Eric, and Yevhen Kurishko. In October 2018, MongoDB, Inc. acquired ObjectLabs Corporation for USD 68 mn, marking a significant pivot in its business strategy. The firm has completed a total of 4 deals since its inception, with the latest deal occurring on October 9, 2018, led by MongoDB, Inc. The organization has raised a total of USD 5.00 mn, primarily through its ADD-ON funding round.ObjectLabs Corporation specializes in advanced database solutions that address critical needs within healthcare, finance, and technology sectors. Their core offerings include innovative technologies that enhance operational efficiency and streamline data management, which facilitate improved decision-making for businesses of all sizes.The company operates on a subscription-based revenue model, enabling clients to continuously access their products. This model fosters long-term customer relationships through service agreements that define the terms of use and product access. ObjectLabs Corporation has established diverse pricing plans to cater to different customer segments, ensuring suitability for both small businesses and large enterprises. Their flagship products underpin these transactions, contributing to a consistent revenue stream through renewals and expansions.ObjectLabs Corporation plans to utilize the recent acquisition funding from MongoDB, Inc. to expand its product line and enhance its database technologies. The company is also targeting expansion into new geographic regions, specifically aiming to enter additional markets in Europe and Asia by 2021. The firm is actively developing new products designed to further optimize data management, with anticipated launch dates in the upcoming quarters.

## Funding rounds

- Series B, Nov 28, 2012, $5M — Upfront, Foundry Group, Baseline Ventures, Freestyle VC
- Series A, May 1, 2011, $3M — Upfront, Foundry Group, Baseline Ventures, Freestyle VC

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Series A, Series B
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Series A, Series B