Couchbase, Inc., a Mountain View, CA-based provider of a NoSQL database, raised $60M in Series E round of financing.
The round, which brought the total amount of Couchbase funding to $115m, was led by new investors WestSummit and Accel Growth Fund and all existing venture capital investors (Adams Street Partners, Mayfield Fund, North Bridge Venture Partners, and Ignition Partners). Raymond Yang, co-founder and managing partner at WestSummit will join the Couchbase Board of Directors.
The company intends to use the funds for continued product investments, expanded regional technical support operations and scaling its marketing and sales teams.
Led by Bob Wiederhold, CEO, Couchbase provides Couchbase Server, which is architected to consolidate multiple layers of functionality supporting multiple big-data use cases.
With the recent launch of Couchbase Mobile, the company delivers an end-to-end operational big data management platform that supports both cloud and edge based computing with enterprises having the ability to manage data via a NoSQL mobile database, and (if needed) sync data to the cloud through Couchbase Sync Gateway.
28/08/2013: Couchbase Closes $25M Series D Funding