Couchbase Announces Q3 Growth
Couchbase, Inc. today announced accelerated growth in Q3, with record bookings of net new customers and expansion deals among existing customers. Deals closed during the third quarter included many of the world’s most recognized brands: AT&T, British Gas, Clear Channel, Cisco, Criteo, Hearst Magazine, Major League Baseball, Nike, StubHub and Walmart. During the quarter, Couchbase also announced multiple new and expanded partnerships that grow the Couchbase NoSQL ecosystem for deployment options, product integrations and system integrator expertise.
“The NoSQL market continues to accelerate as enterprises move from early phase experimental projects to mission critical deployments,” said Bob Wiederhold, CEO Couchbase. “Couchbase is very well positioned to capitalize on this shift as enterprises require reliability, consistent high performance and elastic scalability. With the release of Couchbase Server 3.0, we have delivered the industry’s best performing, distributed NoSQL database with the best architecture for managing today’s mission critical enterprise applications.”
“Couchbase is a strategic partner providing NoSQL database technology that powers Criteo’s business applications, which are disrupting the digital and online advertising market globally,” said Romain Niccoli, Chief Technology Officer at Criteo. “Supporting more than 1 million operations per second and over 77 billion operations a day, Couchbase Server is a core component that helps Criteo deliver innovative advertising solutions to thousands of customers around the world.”
Third Quarter Highlights
Rapidly expanding ecosystem
In addition to showing tremendous traction with new wins and customer expansions – where customers deployed additional use cases on Couchbase Server – the company announced several new partnerships that fortify its ability to capture greater market share. New partnerships with Cloudsoft, CumuLogic and ElasticBox will give customers the option to deploy Couchbase Server to public, private, and hybrid cloud infrastructure. With these new partners, customers can now automate the process of provisioning Couchbase Server to Amazon Web Services, HP Cloud, Microsoft Azure, IBM SoftLayer, VMware, OpenStack, and more.
Third party integrations simplify enterprise development
In September, Couchbase announced the release of Spring Data Couchbase Integration. Spring, by Pivotal, is the most popular Java platform in the world, with millions of Java developers using it to build enterprise applications. The Spring Data Couchbase Integration gives Java developers simpler, faster and better capabilities to build next generation, mission critical, cloud and big data applications that are scalable and reliable.
NoSQL performance benchmark
In September, Thumbtack Technology released the 2014 NoSQL Benchmark. The study found that Couchbase dominated in both performance and scalability for read intensive and balanced workloads, demonstrating significantly higher throughput and lower latency over MongoDB and Cassandra / DataStax. Delivering unparalleled levels of speed during the read heavy workload, Couchbase peaked at 1.71 million ops/second in comparison to MongoDB at 227 thousand ops/second and Cassandra / DataStax at 99 thousand ops/second. While operating at this higher level of throughput, Couchbase also surpassed both vendors in read-write performance, demonstrating lower latency while using less hardware.
Investing in management
In August, Couchbase announced the appointment of Rod Hamlin as its Vice President of Business Development, further strengthening its management team to accelerate the company’s rapid growth. Hamlin is responsible for strengthening and expanding relationships with existing partners and identifying and building partnerships with new companies that are part of the big data, NoSQL and mobile ecosystems.
Continuing momentum
After a record breaking third quarter, Couchbase has already shown an incredibly strong start to the fourth quarter. The company held its flagship conference, Couchbase Connect in San Francisco, CA from October 6 - 7th. More than 700 attendees joined the conference to hear sessions from customers including eBay, LinkedIn and PayPal, as well partners including Amazon, CumuLogic, Lucidworks, Simba Techologies, Wipro and Vormetric. The company announced Couchbase Server 3.0 and the 2.0 releases of its SDKs, as well as Couchbase Lite for .NET and a certified Hadoop Connector for Couchbase Server and Cloudera.
