The pay-as-you-go subscription offering enables developers to build and scale their applications with MongoDB's Atlas platform on Google's cloud infrastructure more easily and cost-effectively. And in April, MongoDB launched an intriguing service on Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Cloud. Fears of inflation -- and the uncertain effectiveness of the Federal Reserve's moves to tame it -- have made investors less willing to pay a premium for rapidly expanding businesses.