About Couchbase
Couchbase is a NoSQL cloud database for business-critical applications.
Headquarters
Couchbase, Santa Clara
Founded
2009-01-01
Industry
Big Data, Cloud Data Services, Database, Enterprise Software
Last Funding Type
Series G
Valuation
1
Total Funding
$251.00 million dollars
IPO Status
Public
Financial
Couchbase reported a 20% increase in revenue, which led to a rise in its stock price during extended trading. The company posted better-than-expected sales in Q1, and its next quarter's growth looks optimistic. Couchbase's Q1 earnings showed strong growth with a step towards profitability. For the full year 2024, Couchbase's revenues beat expectations, although its EPS lagged.
Couchbase is focusing on enhancing NoSQL database systems with innovations in data storage and transaction execution. They are developing high-density data storage using log-structured techniques to optimize garbage collection and separate index and document data. Additionally, they are improving distributed database transactions, ensuring efficient execution and robust access control mechanisms for data replication across devices. Query optimization for untyped fields and efficient indexing for querying arrays in databases are also being advanced. These R&D efforts aim to refine database performance, scalability, and security.
Couchbase reported strong Q1 results, surpassing revenue and earnings expectations, with a 25.2% increase in revenue. The company's stock saw a positive reaction following the earnings report. However, there was a noted deceleration in ARR growth, leading to a revised stock rating from Buy to Hold.
Couchbase is focusing on enhancing NoSQL database systems with innovations in data storage and transaction execution. They are developing high-density data storage using log-structured techniques to optimize garbage collection and separate index and document data. Additionally, they are improving distributed database transactions, ensuring efficient execution and robust access control mechanisms for data replication across devices. Query optimization for untyped fields and efficient indexing for querying arrays in databases are also being advanced. These R&D efforts aim to refine database performance, scalability, and security.
Couchbase reported strong Q1 results, surpassing revenue and earnings expectations, with a 25.2% increase in revenue. The company's stock saw a positive reaction following the earnings report. However, there was a noted deceleration in ARR growth, leading to a revised stock rating from Buy to Hold.
Funding Rounds
9
Number of Lead Investors
8
Total Funding Amount
$251.00 million dollars
Number of Investors
11