$25m Round of Financing and 400% Growth for Couchbase
Blog post from Couchbase
Couchbase has announced strong first half results and a new $25m round of financing, with product sales increasing year-over-year by over 400% and the community portal seeing massive increased usage and engagement. The company's document database features like indexing and querying have been particularly well-received, as well as its cross data center replication (XDCR) capability. Large enterprises and internet companies are choosing Couchbase due to its scalability and performance, which is a key reason for its success in strategic competitive evaluations. The new funding will allow the company to invest more aggressively in new products, expand internationally, and educate users. A conference on September 13 will provide a preview of upcoming features.
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