Increasing demand for highly agile and scalable enterprise database technology to revolutionize customer experience drives more than 1,000 percent revenue growth
MOUNTAIN VIEW, Calif.-- November 9, 2017— Couchbase, Inc., creator of the world’s first Engagement Database, today announced it ranked 120 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Couchbase revenue grew 1,000+ percent from fiscal year 2013 to fiscal year 2016.
“While it’s exciting to see how far we’ve come, growing revenue more than 1,000 percent between FY2013 and FY2016, we are even more excited by the opportunities that are before us as we continue to accelerate growth into 2018,” said Matt Cain, President and CEO of Couchbase. “Hearing our customers share their successes in revolutionizing experiences for their own customers clearly demonstrates our increasing relevance and market momentum.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Deloitte’s 2017 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About Couchbase, Inc.
Couchbase's mission is to be the data platform that revolutionizes digital innovation. To make this possible, Couchbase created the world's first Engagement Database. Built on the most powerful NoSQL technology, the Couchbase Data Platform includes open source Couchbase Server and Couchbase Mobile. The platform provides unmatched agility and manageability -- as well as unparalleled performance at any scale -- to deliver ever-richer and ever more personalized customer experiences. For more information, visit www.couchbase.com.
Couchbase customers include industry leaders like Amadeus, AT&T, Carrefour, Cisco, Comcast, Concur, Disney, Dixons Carphone, DreamWorks Animation, eBay, Marriott, Neiman Marcus, Rakuten/Viber, Tesco, Tommy Hilfiger, Verizon, Wells Fargo, as well as hundreds of other household names.
Couchbase investors include Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners, Sorenson Capital, and WestSummit Capital.
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