Couchbase, Inc.

Last updated
Couchbase, Inc.
Company type Public
Nasdaq:  BASE
IndustrySoftware
Founded2011;14 years ago (2011)
Headquarters,
USA
Key people
Matt Cain (CEO)
Website www.couchbase.com

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.

Contents

The company is headquartered in San Jose, California, with additional offices in Austin, Bengaluru, Tel Aviv, Singapore, and London.[ citation needed ]

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]

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]

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]

Couchbase key milestones

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2011

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2025

Community

Couchbase maintains official discussion forums and a Discord server for developers; the “couchbase” tag on Stack Overflow has over 4,000 questions (as of August 2025). Its open-source ecosystem is active on GitHub, including the Couchbase Labs organization with about 890 public repositories (as of August 2025). The independent DB-Engines ranking placed Couchbase 40th among database management systems in August 2025. [63] [64] [65] [66]

References

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  2. "NorthScale Leadership". Company Web site. Archived from the original on March 22, 2010. Retrieved September 9, 2016.
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