Couchbase, Inc.
From Wikipedia, the free encyclopedia
 | |
 Couchbase HQ in 2025 | |
| Company type | Public |
|---|---|
| Nasdaq: BASE | |
| Industry | Software |
| Founded | 2011 |
| Headquarters | , |
Key people | Matt Cain (CEO) |
| Owner | Haveli Investments |
| Website | www |
Couchbase, Inc. is an American public software company that provides a unified, AI-ready developer data platform for mission-critical applications across cloud, on-premises, mobile and edge environments. The firm 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.
Headquartered in San Jose, California, it has additional offices in Austin, Bengaluru, Tel Aviv, Singapore, and London.[citation needed] On September 24, 2025, the company was acquired by Haveli Investments in a deal valued at approximately $1.5 billion.[1]
NorthScale was founded in 2009, and in March 2010 announced $5 million in funding from Accel Partners and North Bridge Venture Partners.[2] Original officers listed were James Phillips, Steve Yen and Dustin Sallings, who were involved in the development of memcached.[3] In May 2010, a $10 million investment led by the Mayfield Fund was announced for NorthScale, and Bob Wiederhold replaced Phillips as chief executive.[4] Some time later in 2010, NorthScale was renamed Membase, Incorporated.[5]
CouchOne Inc. was also founded in 2009 as Relaxed, in Berkeley, California.[6] 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.[7] 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.[8]
In August 2011, a $14 million funding was led by Ignition Partners.[9][10] In October 2011, DoCoMo Capital announced an investment of $1 million was part of that round.[11] In August, 2013, another round of $25 million was led by Adams Street Partners.[12] A round of $60 million in June, 2014, included new investor WestSummit.[13] A round of $30 million in March, 2016, was reported as giving a reduced valuation to the company.[14] Peter Finter became chief marketing officer in September 2016.[15] Matt Cain replaced Bob Wiederhold as CEO in April 2017.[16]
The company raised funding from Accel Partners, North Bridge Venture Partners, Mayfield Fund, Redpoint Ventures, Ignition Partners, and others.[17] Couchbase completed its initial public offering on July 21, 2021, and is listed on the NASDAQ under the ticker symbol BASE.[18]
Recognition include the 2012 Infoworld Bossie award,[19] Dataweek 2012 award,[20] Always-On Global award,[21] VentureWire's 50 FASTTech companies[22] GigaOM's Structure 50 list[23] and the Gartner cool vendor award.[24]
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.[25][26]