MongoDB, Inc. MDB shares are rising Tuesday after the company announced an expansion of a multiyear strategic partnership agreement with Microsoft MSFT by integrating the Atlas application into Azure.
What To Know: MongoDB will be teaming with Microsoft to enhance how customers experience MongoDB Atlas running on Azure.
"Looking at the software landscape today, everyone wants to stitch together all of their different software solutions with whatever platforms they're on. When a really rich partner ecosystem exists, and brings value by integrating foundational services, it enables organizations like ours to deliver powerful new services to our customers," said Rebecca Campbell, Vice President of Engineering at Mural.
"Working with MongoDB on Azure has enabled us to build and ship faster, and ultimately to provide more value to our customers."
Related Link: What's Going On With Rivian Stock Today?
MDB Price Action: Shares of MDB were up 3.92% at $425.20 at the time of publication, according to Benzinga Pro.
Image by Willfried Wende from Pixabay
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