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London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation (Tom Matsuda/Sifted)

Tom Matsuda / Sifted : London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventur...

30 May 2024

MongoDB reports Q1 revenue up 22% YoY to $450.6M, vs. $439.91M est., and cuts its Q2 and FY 2025 outlook on slower Atlas demand; MDB drops 25%+ after hours (Larry Dignan/Constellation Research)

Larry Dignan / Constellation Research:
MongoDB reports Q1 revenue up 22% YoY to $450.6M, vs. $439.91M est., and cuts its Q2 and FY 2025 outlook on slower Atlas demand; MDB drops 25%+ after hours  —  MongoDB cut its second quarter and fiscal 2025 outlook as the company said it saw slower than expected demand for Atlas consumption and new workloads.

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