Database management giant MongoDB says it’s investigating a security incident that has resulted in the exposure of some information about customers. The New York-based MongoDB helps more than 46,000 companies, including Adobe, eBay, Verizon and the U.K.’s Department for Work and Pensions, manage their databases and vast stores of data, according to its website. The […] © 2023 TechCrunch. All rights reserved. For personal use only ..read more

Between open source and cloud-hosted, more proprietary solutions, there’s an abundance of AI-powered code-generating tools to choose from. So how does one choose? That’s a nuanced question. Beyond stronger performance on particular sets of programming languages or logic problems, there’s not a lot to differentiate one code-generating tool from another. But Amazon’s looking to change […] © 2023 TechCrunch. All rights reserved. For personal use only ..read more

At its MongoDB.local NYC event, MongoDB today announced a slew of product releases and updates. Given the company’s focus on its fully managed Atlas service, it’s no surprise that the majority of news focuses on that platform, with improved support for AI and semantic search workloads, dedicated search nodes to better enable search use cases and new capabilities to process streaming data, among others. Andrew Davidson, MongoDB’s SVP of product, told me that this is a continuation of the work the company has been doing on Atlas in recent years. “With Atlas, we can deliver capabilities much more ..read more

We’re nearly at the stopping point ahead of a long weekend here in the United States, but that doesn’t mean that the tech market has given up on making news. And the news is not good. In the wake of Snap’s layoffs and startup staff-cutting galore, you are likely not surprised that there is some bad news out and about in the tech market. But today’s ill tidings are a bit worse than just another round of lackluster headlines — after managing to stabilize, the value of software stocks took more blows today. For startups, falling stock prices among their public comparables can mean lower exit ..read more

Data quality has been shaping up as a salient and increasingly critical part of the world of data science: Enterprises are sitting on growing troves of information, but it’s only useful if we can trust it to be accurate and usable. To that end, Validio, a startup building tools to improve and ensure data quality — specifically with tools that let users clean up data both stored in data warehouses and elsewhere, as well as in real time — is announcing a seed round to mark its emergence from stealth. The Stockholm-based company has raised $15 million, funding that it plans to use for business an ..read more

At its annual MongoDB World conference, MongoDB today announced a series of updates to its eponymous database, including the addition of querying encrypted data without having to decrypt it first, columnstore indexing and a new SQL interface. But maybe most importantly, the company is using the event to talk about what it describes as its “developer data platform.” As MongoDB’s recently appointed CTO Mark Porter told me, he believes that today’s announcements are the culmination of the last four or five years of work for MongoDB. While the company started out as a pure database service that wa ..read more

Rational or not, public markets are where consensus gets formed on how much listed companies are worth, impacting the value of private companies in the process. But in a downturn, such as the one everyone suddenly agreed we are going through, that consensus can shift quickly. Most of the stock fluctuation tends to hit public companies whose performance falls somewhere in the middle. Great is still great. Not great is still not great — and now more frequent. But how about companies that are doing well on one front, and not so well on another? That’s where there’s room for a shift in preferences ..read more

The technological advances we’ve made over the last few thousand years are stunning, but the construction industry still relies on centuries-old technology. Configuring a robot to mix cement is easy, but delivering a CementTron 3000 to a job site, training employees on its use, and keeping it maintained are not the kinds of disruptions builders are looking for, especially when margins are so thin and experienced workers are hard to find. Even so, investors are backing startups bringing robotics, data management, automation and augmented reality into the construction process. Many major constru ..read more

Max Schireson Contributor Share on Twitter Max Schireson, the former CEO of MongoDB, is an executive-in-residence at Battery Ventures, where he helps advise the firm’s cloud and data portfolio companies on a variety of strategic and tactical business issues. More posts by this contributor Tracking the explosive growth of open-source software The Money In Open-Source Software “Are you gonna hire a bunch of useless salespeople like they have at Oracle?” This was the first of many memorable interactions I had with Eliot Horowitz. Eliot was the founder and CTO of MongoDB, and in late 2010 ..read more

When it comes to building databases and other backend software development, different organizations and developers do not always speak the same language. Today a startup called Prisma that’s built a platform — based around a server-side library — that lets users write in the languages that are most intuitive to them, but lets that work carry across their organizations’ wider ecosystem of apps, is announcing $40 million in funding to continue expanding its business. Starting out focusing on GraphQL, today the company’s tech works — in the words of CEO Søren Bramer Schmidt (who co-founded the st ..read more