Couchbase, Inc.
NasdaqGS:BASE
$ 24.14
$-0.46 (-1.87%)
$ 24.14
$-0.46 (-1.87%)
End-of-day quote: 04/30/2024

About Couchbase

Couchbase, Inc. (Couchbase) provides a leading cloud database platform for modern applications. Couchbase share price history

The company’s database is versatile and works in multiple configurations, from fully-managed cloud to multi- or hybrid-cloud, to on-premises environments, and beyond the edge. The company has architected its database to fuse the trusted strengths of relational databases with the flexibility, performance and scale of many NoSQL systems, across the cloud. The company’s database platform serves the needs of both enterprise architects and application developers.

The company designed Couchbase to give enterprises a database for the modern cloud world. The company’s platform combines the best capabilities of a relational database, like SQL transactions and ACID guarantees, with the flexibility and scalability of a NoSQL database. This allows enterprises to confidently accelerate strategic initiatives, such as more quickly moving business-critical applications into the cloud, improving application flexibility and increasing developer agility. For the company’s customers, it facilitates a seamless transition from legacy relational databases to the company’s modern cloud database platform resulting in better application scalability, user experience and security at the pace that works for them. The company delivers this cloud database platform both as a customer-managed product and as a fully-managed database-as-a-service that is managed by Couchbase. The company’s database-as-a-service, called Couchbase Capella, supports a broad set of use cases, reducing a customer’s need to buy, deploy and manage additional databases or supporting technologies.

Solution

Couchbase provides a leading modern database for enterprise applications. The company’s database is engineered for high performance at scale to serve the needs of mission-critical applications that enterprises run their businesses on.

The company has architected its platform with a long-term vision towards serving the requirements of the most demanding enterprises. As digital transformation continues to take hold and the demand for highly interactive applications intensifies, the company has purpose-built its platform to empower enterprises to manage these increased demands and deliver the rich, personalized experiences that customers expect. Couchbase share price history

As customers continue to demand more from their existing and new applications, the company’s platform enables enterprises to move to the company’s next-generation database to keep their mission-critical applications—and by extension, their businesses—competitive.

Growth Strategy

The key elements of the company’s growth strategy are to focus on sustained differentiation and innovation for enterprise applications; Couchbase Capella to enable easy management and consumption of the company’s sophisticated core platform; core platform to enable agility, flexibility with performance; building out a strong enterprise go-to-market motion and growing mindshare among application developers; expand within the company’s customer base; grow the company’s customer base with new customers; and invest in growing the company’s ecosystem.

Products

The company’s modern database is designed for the requirements of enterprises who need performance, reliability, scalability and agility and for an easy transition from legacy relational databases to the company’s platform.

Couchbase Capella

Couchbase Capella is a fully-managed, automated and secure database-as-a-service that simplifies database management by deploying, managing and operating Couchbase Server across cloud environments with just a few clicks. The company has reimagined the database with its fast, flexible and affordable cloud database platform Couchbase Capella, allowing organizations to build applications that deliver premium experiences to their customers – all with best-in-class price performance. Couchbase Capella uniquely has built-in Application Services so developers can easily build always on and always reliable apps.

Couchbase Server

Couchbase Server is a full-featured, multi-service NoSQL database. The company’s platform bridges the best aspects of relational databases, like distributed ACID transactions, with the flexibility of a modern database. Unlike most NoSQL databases, Couchbase provides a comprehensive SQL-compatible query language, SQL++, that allows for a wide array of data manipulation functions. Couchbase Server can be deployed on-premise or on any cloud.

Couchbase Mobile

Couchbase Mobile is a full-featured embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability, even without internet connectivity. It also includes a synchronization gateway that allows for secure data sync between mobile devices and the backend data store. Capacity can also be added at every tier—on the device, over the internet and in the cloud—to easily scale to millions of users as demand grows.

Customers

As of January 31, 2023, the company had 675 customers worldwide. The company’s customers range from cloud-native organizations to those who are undergoing digital transformation and range from small and medium-sized enterprises to top businesses in their respective industries and in the Fortune 100.

Marketing, Sales and Partners

The company’s marketing, sales and partner organizations work closely together to drive market awareness and adoption of the company’s technology and services, build new business pipelines and develop strong customer and partner relationships to drive revenue growth.

Marketing

The company’s marketing efforts are focused on building its brand reputation, as well as generating interest and demand for the company’s platform from its two primary target audiences: enterprise architects and application developers. In addition, due to the broad set of capabilities of the company’s platform, the company markets its value proposition to many other key functions, such as operational and technical teams, that work with and support the company’s two primary target audiences. The company does this through a combination of awareness building, digital and field-based demand generation, including user and customer advocacy, developer relations and developer community engagement and partner co-marketing.

Once the company has identified qualified leads, the company utilizes nurture campaigns to accelerate sales cycles. The company also uses advanced predictive analytics and attribution tools to improve the company’s targeting efforts and maximize the effectiveness of the company’s demand generation investments, and ultimately, improve the return-on-investment from the company’s marketing activities.

Sales

The company primarily sells through its direct sales force, which consists of field professionals and inside sales personnel. To reach potential customers, the company has built a significant field presence across the Americas, EMEA and APAC.

The company’s direct sales force includes sales engineers with deep technical expertise who provide pre-sales demonstrations to help prospective customers identify key use cases, as well as pre-sales technical support and solutions engineering for the company’s customers.

The company’s land-and-expand efforts are also supported by its professional services and training organizations. The company’s professional services organization consists of subject matter experts that focus on helping customers accelerate their time to production and time to value.

Partners

Strong engagement with the company’s partner ecosystem affords the company increased reach and greater distribution of the company’s platform. The company’s PartnerEngage program, which serves as its umbrella program, is tailored to enable the company’s partners to deliver an excellent experience for customers while achieving profitable growth.

The company’s partner efforts are focused on the following:

Cloud Service Providers: CSPs are increasingly utilized by the company’s customers to deliver Infrastructure-as-a-Service and Platform-as-a-Service, such as database-as-a-service. The company partners with major CSPs on joint marketing programs and co-sell initiatives.

Independent Software Vendors: The company works with ISVs, such as Amdocs, to embed or bundle its platform with the applications or other solutions offered by ISVs to their customers.

Systems Integrators: SIs, such as Infosys, incorporate Couchbase into technology solutions, both across and within specific verticals, and offer professional services to assist customers with application development, platform and cloud migrations and adoption.

Technology Partners: The company has a robust ecosystem of technology partners with partner-validated integrations with Couchbase. The company develops joint solutions and go-to-market motions with these partners, such as Red Hat.

Intellectual Property

As of January 31, 2023, the company owned three issued U.S. patents, five U.S. non-provisional patent applications, one U.S. provisional patent application, one pending Patent Cooperation Treaty, or PCT, application, and four foreign patent applications. In addition, as of January 31, 2023, the company owned five registered trademarks in the United States and a number of registered trademarks in non-U.S. jurisdictions.

Competition

The company primarily competes with established legacy database providers, such as Oracle, IBM and Microsoft; providers of NoSQL database offerings, such as MongoDB; and cloud infrastructure providers with database functionalities, such as Amazon, Microsoft and Google.

History

The company was incorporated in the state of Delaware in 2008. It was formerly known as Membase, Inc. and changed its name to Couchbase, Inc. in 2011.

Country
Founded:
2008
IPO Date:
07/22/2021
ISIN Number:
I_US22207T1016

Contact Details

Address:
3250 Olcott Street, Santa Clara, California, 95054, United States
Phone Number
650 417 7500

Key Executives

CEO:
Cain, Matthew
CFO
Henry, Gregory
COO:
Data Unavailable