However, in reading this press release, I'm not able to ascertain why this acquisition took place. This is the meat of what I read:
We were impressed with MongoMachine’s creativity and innovations and saw early on how well they matched our core values and direction.
But in all seriousness... seriously, what are MongoMachine's "creativity and innovations?" ..and To MongoHQ: what are your "core values and direction?" It would be awesome for you to mention to readers what this actually means.
I've never heard of either of you before, and I am a MongoDB user excited about PAAS offerings, yet this press release tells me nothing about either of you and how this acquisition helps (could help) my business.
I'd love to hear more.
Which I don't mean to downplay, having a strong, independent Mongo PaaS company is fantastic.
By the way, we've been using MongoHQ extensively (I have a feeling we'll be one of their biggest customers over the next several months), and I wouldn't hesitate to recommend them. They're amazing in every way. If you're looking for MongDB expertise and hosting, they're the guys.
Edit: Don't correct me saying it's not gone because they got acquired, I saw what dotCloud has done with Duostack (which had offerings which were more interesting than PHP). That is to say, nothing.
MongoLab announced about $3M series A funding round in May.
Also, funny enough I've used MongoHQ's web interface to admin my MongoMachine instances remotely, so it's somewhat hilarious that MongoHQ is buying MongoMachine. They each really do bring something a bit different to the table, I hope MongoMachine plans stay around at MongoHQ.