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- Couchbase
Couchbase Acquisition, Valuation, Funding & Investors
Couchbase was acquired by Haveli Investments for $1.5B in June 2025, a 6.9x multiple on $218M of revenue.
Couchbase acquisition price
$1.5B
Acquired by Haveli Investments · Jun 2025
Couchbase revenue at acquisition
$218M
Last twelve months · Jun 2025
Couchbase revenue multiple at acquisition
6.9x
EV/Revenue · Jun 2025
Cumulative funding Couchbase raised
$220M
across 4 funding rounds
About Couchbase
Couchbase is a Mountain View-headquartered NoSQL database platform combining document storage, key-value caching, and SQL querying. Couchbase Server supports JSON documents with N1QL language for analytics and full-text search. It deploys on AWS, Azure, Google Cloud, and on-premises with Capella offering a managed DBaaS. Used by LinkedIn, Cisco, and eBay, Couchbase Capella processes billions of operations daily.
Founded
2009
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$218M (Jun 2025)
Valuation
$198M (Aug 2013)
Couchbase Acquisition
Couchbase was acquired by Haveli Investments for $1.5B on 20 June 2025.
The acquisition price implies a 6.9x revenue multiple on $218M of revenue.
Before the acquisition Couchbase had raised $220M across 4 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 20 Jun 2025 | PE buyout | $1.5B | 6.9x |
Couchbase Valuation
Couchbase is currently valued at $198M, based on its Series D in August 2013.
The $25M round was led by Adams Street Partners, with participation from Ignition Partners, Accel, North Bridge Venture Partners & Growth Equity and Mayfield Fund.
Couchbase valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2013 | Series D | $198M |
Couchbase Funding History
Couchbase has raised a total of $220M across 4 funding rounds.
Couchbase's first fundraising round was a $25M Series D in August 2013. The most recent completed round was a $105M Series G in May 2020.
Couchbase funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2020 | Series G | GPI Capital (lead); Adams Street Partners; Sorenson Capital; Glynn Capital Management; Accel; North Bridge Venture Partners & Growth Equity; Mayfield Fund | $105M | - | Couchbase is a NoSQL database company founded in 2011 that provides a developer data platform. The company went public via IPO in June 2021 and has been a public company since that time. Available financial records from the SEC S-1 filing show that as of January 31, 2021 (before the IPO), Couchbase had annual recurring revenue of $107.8 million and total revenue of $103.3 million for fiscal 2021. |
| Mar 2016 | Series F | Sorenson Capital (lead); Adams Street Partners; WestSummit Capital; Ignition Partners; Accel; North Bridge Venture Partners & Growth Equity; Mayfield Fund | $30M | - | Couchbase, a provider of NoSQL database technology for the digital economy, secured $30 million in a Series F funding round on March 15, 2016, led by new investor Sorenson Capital, with participation from existing investors Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners, and West Summit Capital. The funds were intended to accelerate sales, expand technical support and engineering, and position the company as the operational database standard for web, mobile, and IoT applications used by customers like AT&T, Walmart, Nike, and Dixons. CEO Bob Wiederhold stated this would take Couchbase to cash flow positive and be its last round before an IPO. Sorenson Capital's investment highlighted its focus on technology growth opportunities, with partner Rob Rueckert joining the board. The round brought Couchbase's total funding to $146 million across multiple rounds since its formation from the merger of Membase and CouchOne. A 451 Research report noted the operational database market was projected to reach nearly $50 billion by 2019, driven by digital economy adoption. Couchbase positioned its database to serve digital startups, leaders, and transformers by consolidating key-value, document, cache, and mobile functionalities for high performance and low latency. |
| Jun 2014 | Series E | WestSummit Capital (lead); Adams Street Partners; Ignition Partners; Accel; DoCoMo Capital; North Bridge Venture Partners & Growth Equity; Mayfield Fund | $60M | - | Couchbase, Inc., a Mountain View, California-based provider of the most complete NoSQL database, announced a $60 million Series E funding round on June 26, 2014, led by new investors WestSummit Capital and Accel Growth Fund, with participation from all existing venture capital investors including Accel Partners, Adams Street Partners, DoCoMo Capital, Ignition Partners, Mayfield Fund, and North Bridge Venture Partners. This round brought the company's total funding to $115 million. Raymond Yang, co-founder and managing partner at WestSummit, joined the Couchbase board of directors. The funding aims to support Couchbase's growth in the $16.1 billion big data market, including product innovation, expanded regional technical support, and scaling marketing and sales teams for global enterprise adoption of NoSQL and big data initiatives, with a particular focus on APAC expansion leveraging WestSummit’s network. Couchbase has demonstrated strong traction, with sales increasing 400% over the past year, doubling its employee base, adding eight offices worldwide, and securing strategic deals at large enterprise accounts while competing against Oracle and MongoDB. The company recently launched the world’s first mobile NoSQL platform in May 2014, positioning it to capitalize on mobile application development trends and distributed computing demands. Couchbase originated from the 2011 merger of CouchOne and Membase, focusing on scalable database solutions for high simultaneous user loads in modern applications. |
| Aug 2013 | Series D | Adams Street Partners (lead); Ignition Partners; Accel; North Bridge Venture Partners & Growth Equity; Mayfield Fund | $25M | $198M | Couchbase, developer of a NoSQL database platform combining key-value and document-oriented capabilities for business-critical applications, closed a $25 million Series D funding round on August 28, 2013, led by Adams Street Partners with participation from existing investors Accel Partners, Mayfield Fund, North Bridge Venture Partners, and Ignition Partners. This brought total funding to $56 million at the time. The round occurred at a post-money valuation of $198.18 million, with a price per share of $11.20. Funds were earmarked for product innovation, sales expansion, and opening offices in China, India, Brazil, and Argentina to grow presence in North America, Europe, Israel, Japan, and Korea. The investment came amid strong traction, including a 400% sales increase in 2013 following the Couchbase Server 2.0 release, which secured contracts for mission-critical enterprise deployments. Customers included major enterprises like AOL, Cisco, LinkedIn, Orbitz, and Salesforce.com. Couchbase positioned itself as a leader in NoSQL, supporting initiatives like OpenStack while evolving from its origins as a merge of Memcached and CouchDB. This Series D followed a $14 million Series C in 2011 at $121.36 million post-money valuation and a $10 million Series B in 2010 at $45.11 million. Couchbase continued raising capital post-2013, including later rounds like Series F with Adams Street participation and a $105 million raise in 2020 at over $500 million valuation, before going public. |
Who has invested in Couchbase?
10 investors have backed Couchbase across its funding rounds, including Accel, Mayfield Fund, Adams Street Partners, North Bridge Venture Partners & Growth Equity, Ignition Partners and Sorenson Capital.
Lead investors include GPI Capital, Sorenson Capital, WestSummit Capital and Adams Street Partners.
Couchbase Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Aug 2013 | ||
| 4 | Participant | Aug 2013 | ||
| 4 | Participant | Aug 2013 | ||
| 4 | Participant | Aug 2013 | ||
| 3 | Participant | Aug 2013 | ||
| 2 | Lead | Jun 2014 | ||
| 2 | Lead | Mar 2016 | ||
| 1 | Lead | May 2020 | ||
This data is available for Pro users. Sign up to see all 10 Couchbase investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCouchbase Competitors
Couchbase competitors include listed companies like TRS Information Technology and Transwarp, and private ones like Airbyte, Matillion, Dt Dream and DataStax.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.6B | - | ||
| Publicly listed | $76M | ($20M) | $1.7B | 19.7x | ||
| Publicly listed | $67M | ($31M) | $1.9B | 28.0x |
Couchbase Public Comps
Couchbase is no longer listed, but its public comps include TRS Information Technology, Transwarp, Business-intelligence, e-Hualu, BTQ Technologies, Zhongfu Information, Teradata, Datavault AI, Asteria and Airship AI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $67M | ($31M) | 27.5x | 28.0x | (59.8x) | - | |||
| $389M | $54M | 6.6x | 5.9x | 47.7x | - | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
| $226K | ($18M) | 1720.6x | 266.9x | (21.8x) | - | |||
| $108M | $1M | 3.4x | 2.7x | 359.0x | - | |||
| $1.7B | $285M | 1.4x | 1.5x | 8.4x | 5.3x | |||
| $39M | ($49M) | 4.1x | 1.1x | (3.3x) | (7.9x) | |||
This data is available for Pro users. Sign up to see all Couchbase competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Couchbase
| When was Couchbase founded? | Couchbase was founded in 2009. |
| Where is Couchbase headquartered? | Couchbase is headquartered in San Jose, CA, United States. |
| Is Couchbase publicly listed? | No, Couchbase was acquired by Haveli Investments in June 2025. |
| Who acquired Couchbase? | Couchbase was acquired by Haveli Investments in June 2025. |
| How much was Couchbase acquired for? | Couchbase was acquired for $1.5B in June 2025, a 6.9x revenue multiple. |
| What is Couchbase's valuation? | Couchbase was last valued at $198M in its Series D in August 2013. |
| How much funding has Couchbase raised? | Couchbase has raised $220M across 4 funding rounds. |
| What was Couchbase's last funding round? | Couchbase's last funding round was a $105M Series G in May 2020, led by GPI Capital. |
| Who are Couchbase's investors? | Couchbase's investors include Adams Street Partners, Accel, North Bridge Venture Partners & Growth Equity, Mayfield Fund, Ignition Partners, WestSummit Capital, Sorenson Capital, GPI Capital, Glynn Capital Management and DoCoMo Capital. |
| Which companies are comparable to Couchbase? | Companies comparable to Couchbase include Airbyte, Matillion, Dt Dream, DataStax, TRS Information Technology and Transwarp. |
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