MongoDB CEO Dev Ittycheria said the company's results were "well ahead" of expectations thanks to the strength of its product platform and go-to-market execution.
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The cloud data management and warehouse provider announced a bevy of product updates Tuesday that aim to improve data discovery across its platform.
With multicloud clusters, Atlas developers can deploy a a single cluster simultaneously across AWS, Azure and Google Cloud.
At the end of the trading day on Wednesday, Snowflake's shares closed at $253.93 and pushed the company's market cap to near $70 billion.
MongoDB CEO Dev Ittycheria said the company's second quarter growth was bolstered by "impressive" sales execution and customers implementing digital transformation strategies.
MongoDB CEO Dev Ittycheria said the company has refined its go-to-market efforts to increase adoption of its Atlas database.
The managed database player MongoDB reported its first quarter financial results after the bell on Wednesday,
Dropbox also said that it has a bevy of new EMM integration partners, including IBM, Inventit, SoftBank Business Concierge, and Matrix42.
Big Blue says the engine will eventually enable businesses to aggregate international requirements for data transfers and flag any cross-border privacy issues.
The company said StorageGRID Webscale is a foundational platform within its approach to object storage.