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Couchbase

3250 Olcott Street, Santa Clara, California, 95054, United States

Overview

Couchbase offers an enterprise-grade NoSQL database platform delivered as a self-managed server, a mobile platform (Couchbase Mobile), and a fully managed Couchbase Cloud DBaaS. The company has emphasized cloud-native capabilities and Kubernetes support (including an Autonomous Operator for Kubernetes 2.0) and allows customers to run the managed service within their own VPC on public clouds like AWS and Azure. Couchbase says 30% of the Fortune 100 use its database and reported strong commercial momentum: 70% total contract value growth, more than 50% new business growth, and over 35% growth in average subscription deal size over the last fiscal year. The company is currently seeing almost $100 million in committed annual recurring revenue. Product plans include continued feature development across the NoSQL server, mobile platform, and Couchbase Cloud. Couchbase also plans geographic expansion to better serve global customer operations. Couchbase delivers a NoSQL operational database platform for the digital economy used to build enterprise web, mobile, and IoT applications. The platform includes Couchbase, Couchbase Lite (the article describes it as the first mobile NoSQL database) and Couchbase Sync Gateway; all products are open source. The company emphasizes data-model flexibility, elastic scalability, high performance and 24x365 availability with configurable cross–data-center replication. Customers cited in the article include AT&T, Walmart, Dixons, Nike and many other large enterprises. In 2015 Couchbase nearly doubled sales and reported enterprise renewal rates above 90 percent. The company plans to deploy new capital to accelerate sales, expand technical support and enhance engineering to extend its market leadership. Couchbase builds Couchbase Server and Couchbase Mobile (including Couchbase Sync Gateway and Couchbase Lite), a NoSQL platform that combines key-value simplicity, document flexibility and in-memory read performance. The product emphasizes scale and performance for enterprise operational data management and mobile edge computing. Couchbase markets an end-to-end operational big data solution that supports cloud and device-local storage and sync for mobile applications. The company reports rapid commercial traction: sales grew 400% over the past year, it doubled headcount, added eight offices and signed large enterprise deals. Couchbase plans to use the new financing to fund product investment, expand regional technical support, and scale marketing and sales — including targeted APAC growth supported by investor WestSummit. The company’s software is open source and it highlights many large-brand customers across industries. Couchbase raised a $25M Series D to build new enterprise features and expand primarily into India, China and South America. The round was led by Adams Street Partners and joined by Accel Partners, Mayfield Fund, North Bridge Venture Partners and Ignition Partners, bringing total funding to $56M to date. Couchbase is an independent open-source project influenced by Apache CouchDB and memcached and is offered in community and enterprise editions. Recent releases added cross‑data‑center replication and new security features. The company emphasizes minimal latency and throughput by embedding memcached and combining caching and database layers into one. CEO Bob Wiederhold said the technology avoids locking (unlike MongoDB), scales on a peer‑to‑peer network, and offers automated setup compared with Cassandra and MongoDB. Couchbase is a NoSQL database company created earlier this year through the merger of CouchOne and Membase. It provides database solutions for building web and mobile applications and recently released Couchbase Server 2.0, a distributed, document‑oriented DBMS and the company’s first integrated product after the merger. The company’s product focus is on delivering NoSQL database technologies for distributed applications. Couchbase said it will use new funding to accelerate product delivery, grow in the enterprise market, and expand internationally. The Series C round totaled $14 million, and the company also reserved an additional $1 million for investment from strategic customers and partners. The financing brings Couchbase’s total capital raised to $30 million.

Total raised
$249M
Funding rounds
7
Latest round
Series G
Latest activity
May 2020

Industries

  • Big Data
  • Cloud Data Services
  • Database
  • Enterprise Software
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Recent funding

  1. Series G

    May 2020

    $105M

  2. Series F

    Mar 2016

    $30M

  3. Series E

    Jun 2014

    $60M

  4. Series D

    Aug 2013

    $25M

  5. Series C

    Aug 2011

    $14M

Team

  • Matt Cain

    President, Chief Executive Officer, & Chairman

    LinkedIn
  • Steve Yen

    Co-Founder

    LinkedIn
  • Davis Chapman

    Senior Solution Architect

    LinkedIn
  • Andrew Bui

    Regional Enterprise Sales Manager, APAC

    LinkedIn