Couchbase, Inc.

Last updated
Couchbase, Inc.
Company type Public
Nasdaq:  BASE
IndustrySoftware
Founded2011;13 years ago (2011)
Headquarters
Santa Clara, California
,
USA
Key people
Matt Cain (CEO)
Website www.couchbase.com

Couchbase, Inc. is an American public (NASDAQ symbol BASE) software company that develops and provides commercial packages and support for Couchbase Server and Couchbase Lite both of which are open-source, NoSQL, multi-model, document-oriented database software packages that store JSON documents or a pure key-value database. The company has its headquarters in Santa Clara, California, and offices in San Francisco, Austin, Bengaluru and the United Kingdom.

History

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]

Recognition include the 2012 Infoworld Bossie award, [16] Dataweek 2012 award, [17] Always-On Global award, [18] VentureWire's 50 FASTTech companies , [19] GigaOM's Structure 50 list [20] and the Gartner cool vendor award. [21]

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References

  1. ↑ Om Malik (March 16, 2010). "NorthScale, a Memcached-focused Startup, Launches". Giga Om. Retrieved September 9, 2016.
  2. ↑ "NorthScale Leadership". Company Web site. Archived from the original on March 22, 2010. Retrieved September 9, 2016.
  3. ↑ Sean Michael Kerner (May 18, 2010). "Open Source Memcached Vendor NorthScale Gets New CEO and $10 Million". Developer.com. Retrieved September 9, 2016.
  4. ↑ "About Membase, Inc". Membase web site. Archived from the original on October 14, 2010. Retrieved September 9, 2016.
  5. ↑ "Form D: Notice of Exempt Offering of Securities". United States Securities and Exchange Commission. November 23, 2009. Retrieved September 9, 2016.
  6. ↑ David Diaz (December 10, 2009). "Stealth Startup Relaxed Raises $2 Million From Redpoint Ventures For CouchDB Support". Tech Crunch. Retrieved September 9, 2016.
  7. ↑ Leena Rao (February 7, 2011). "NoSQL Companies CouchOne And Membase Merge To Form Couchbase". Tech Crunch. Retrieved September 9, 2016.
  8. ↑ "Couchbase Secured $14M in Series C Financing". Finsmes Times. August 10, 2011. Retrieved September 9, 2016.
  9. ↑ "Couchbase Scores 14m In New Funding". Network World. August 11, 2011. Retrieved September 9, 2016.
  10. ↑ "Couchbase Receives $1M Strategic Investment from DOCOMO Capital". Finsmes Times. October 18, 2011. Retrieved September 9, 2016.
  11. ↑ Leena Rao (August 28, 2013). "Couchbase Raises $25M To Further Develop NoSQL Database And Expand Into International Markets". Tech Crunch. Retrieved September 9, 2016.
  12. ↑ Jonathan Shieber (June 26, 2014). "Couchbase Adds $60 Million As Big Data Demands Loom". Tech Crunch. Retrieved September 9, 2016.
  13. ↑ Deborah Gage (March 15, 2016). "Couchbase Takes $30 Million in Down Round Despite Customer Gains". Wall Street Journal. Retrieved September 9, 2016.
  14. ↑ Sneha Nalawade (September 16, 2016). "Couchbase Announces Peter Finter as Its New Chief Marketing Officer". Martech Advisor. Retrieved October 7, 2016.
  15. ↑ Alexander J Martin (April 4, 2017). "Couchbase swaps CEO for ex-Veritas prez". The Register. Retrieved June 5, 2017.
  16. ↑ "Couchbase Open Source Database Named Winner in 2012 InfoWorld Bossie Awards".
  17. ↑ "Couchbase Selected as a DataWeek Award 2012 Winner".
  18. ↑ "Couchbase Selected as an AlwaysOn Global 250 Winner".
  19. ↑ "Couchbase Named to VentureWire's FASTech 50".
  20. ↑ "Couchbase Named to GigaOM Structure 50 List".
  21. ↑ "Couchbase Named "Cool Vendor" by Leading Industry Analyst Firm".
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