NoSQL Leader Couchbase Announces $14 Million Series C Funding
Wednesday, August 10, 2011 at 5:05AM | Derek Stainer Rapid growth attracts investment led by Ignition Partners as demand for production-proven
NoSQL database solutions accelerates
MOUNTAIN VIEW, Calif. – August 10, 2011 – Couchbase, the leading NoSQL database company, today announced it has secured $14 million in a Series C round of financing led by venture capital firm Ignition Partners with participation from the company’s existing investors Accel Partners, Mayfield Fund, and North Bridge Venture Partners. The company has also reserved an additional $1 million for investment from strategic customers and partners. The new funding will be used to further invest in NoSQL product development, support the adoption and growth of Couchbase in enterprise organizations, and support international expansion.
