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SAN FRANCISCO - Cribl, a data management platform for IT and security, announced Thursday the appointment of MongoDB (NASDAQ:MDB) President and CEO Chirantan "CJ" Desai to its board of directors.
Desai brings operational and product leadership experience to Cribl’s board, joining recently appointed audit committee chair Mike Kourey and other board members including Cribl co-founders Clint Sharp (CEO) and Ledion Bitincka (CTO).
"With deep experience driving product innovation at some of the world’s top enterprise software companies, CJ will be instrumental to our product strategy as we continue to solve the most pressing telemetry data challenges for our customers in the era of AI," said Sharp.
Desai currently leads MongoDB and previously held senior leadership roles at Cloudflare and ServiceNow. His background spans product, engineering, and operations.
"Cribl is solving a real and growing customer challenge in how organizations manage and apply their telemetry data, and the market response reflects that," Desai said.
Founded in 2018, Cribl offers solutions for analyzing, collecting, processing, and routing IT and security data. The company states that half of the Fortune 100 currently use its products to manage telemetry data.
The appointment comes as organizations face increasing data management challenges with the adoption of AI in enterprise environments, according to the company’s press release statement.
Cribl has received industry recognition including placement on the Forbes Cloud 100 and Fortune Cyber 60 for three consecutive years.
In other recent news, MongoDB has announced a leadership transition with CEO Dev Ittycheria set to retire from his full-time role, effective November 10, 2025. Chirantan "CJ" Desai will succeed him as the new President and CEO. Desai previously held significant roles at Cloudflare and ServiceNow. This transition has prompted several analyst firms to adjust their price targets for MongoDB. DA Davidson has raised its price target to $415 while maintaining a Buy rating. Similarly, BMO Capital has increased its price target to $415, keeping an Outperform rating. RBC Capital has also raised its target to $405, and Citizens has set an even higher target of $435, both maintaining Outperform ratings. These developments come as MongoDB prepares to release its third-quarter fiscal 2026 earnings report on December 1st.
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