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Couchbase, Inc.
American software company From Wikipedia, the free encyclopedia
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Couchbase, Inc. is an American public (NASDAQ symbol BASE) software company headquartered in San Jose, California that provides a unified, AI-ready developer data platform for mission-critical applications across cloud, on-premises, mobile and edge environments. Couchbase develops and supports Couchbase Server, Couchbase Capella (its fully-managed database-as-a-service), and Couchbase Mobile & Edge, including Couchbase Lite an embedded database for offline-first apps.
The company is headquartered in San Jose, California, with additional offices in Austin, Bengaluru, Tel Aviv, Singapore, and London.[citation needed]
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NorthScale was founded in 2009, and in March 2010 announced $5 million in funding from Accel Partners and North Bridge Venture Partners.[1] Original officers listed were James Phillips, Steve Yen and Dustin Sallings, who were involved in the development of memcached.[2] In May 2010, a $10 million investment led by the Mayfield Fund was announced for NorthScale, and Bob Wiederhold replaced Phillips as chief executive.[3] Some time later in 2010, NorthScale was renamed Membase, Incorporated.[4]
CouchOne Inc. was also founded in 2009 as Relaxed, in Berkeley, California.[5] It developed and provided commercial support for the Apache CouchDB open source project, a document database. Initial funding was $2 million, including investor Redpoint Ventures.[6] Couchbase, Inc. was created through the merger of Membase and CouchOne in February 2011. The merged company aimed to build an easily scalable, high-performance document-oriented database system, marketed with the term NoSQL.[7]
In August 2011, a $14 million funding was led by Ignition Partners.[8][9] In October 2011, DoCoMo Capital announced an investment of $1 million was part of that round.[10] In August, 2013, another round of $25 million was led by Adams Street Partners.[11] A round of $60 million in June, 2014, included new investor WestSummit.[12] A round of $30 million in March, 2016, was reported as giving a reduced valuation to the company.[13] Peter Finter became chief marketing officer in September 2016.[14] Matt Cain replaced Bob Wiederhold as CEO in April 2017. [15]
The company raised funding from Accel Partners, North Bridge Venture Partners, Mayfield Fund, Redpoint Ventures, Ignition Partners, and others[16]. Couchbase completed its initial public offering on July 21, 2021, and is listed on the NASDAQ under the ticker symbol BASE.[17]
Recognition include the 2012 Infoworld Bossie award,[18] Dataweek 2012 award,[19] Always-On Global award,[20] VentureWire's 50 FASTTech companies[21] GigaOM's Structure 50 list[22] and the Gartner cool vendor award.[23]
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M&A Activity
On June 20 2025, Couchbase announced it had entered into a definitive agreement to be acquired by Haveli Investments (led by ex-Vista Equity Partners president Brian Sheth) for $1.5 billion. Under the terms of the deal, Couchbase shareholders will receive $24.50 per share in cash—representing a 29 % premium to the closing price immediately prior and a 67 % premium to the March 27 2025 price. The merger agreement includes a “go-shop” period expiring June 23, 2025, during which Couchbase may solicit superior proposals. Closing is expected in H2 2025, subject to customary regulatory and shareholder approvals[24][25].
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References
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