MongoDB is acquiring the startup that powers mobile apps from Starbucks, Netflix, and McDonald's for $39 million

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MongoDB is acquiring the startup that powers mobile apps from Starbucks, Netflix, and McDonald's for $39 million
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MongoDB will acquire Realm, the mobile database powering apps from Starbucks McDonald's. Here's why MongoDB is spending $39 million to expand to mobile.

ts new owners won't break anything, but instead use its resources to"double down and make it as good as it can possibly be.""This is a perfect fit to continue what Realm started," Realm CEO David Ratner told Business Insider."What really appealed to us is we have a similar vision of being built by developers and help enterprises work with data. Realm has grown a lot in the last couple of years. This was the perfect way to continue that growth and make it successful.

"They want rich experiences in mobile, and people don't want to wait," Horowitz said."They want to see the live information in their mobile application — a very rich experience that works when there's good connectivity and bad connectivity. That's the kind of user feedback we hear over and over again."simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

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