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Santa Clara, Calif., Oct. 23, 2019 (GLOBE NEWSWIRE) -- Couchbasetoday announced accelerated adoption of its enterprise-class, multicloud to edge NoSQL database as the company closed a record total of new logo bookings during the first half of fiscal 2020. Product innovation and strategic partnerships, together with a growing number of enterprises with specific requirements for their business-critical applications, were behind the strong customer interest and adoption.
As enterprises move to support Internet, mobile and IoT applications, they require a purpose-built database optimized for the most business-critical use cases. Couchbase, with its cache, key value store, and document database capabilities, is a multi-model database built for business-critical applications in the enterprise--from public cloud to hybrid cloud to edge deployments. Thanks to its unique cloud-native architecture, Couchbase is positioned to scale, perform at scale, and do so reliably, making it a popular choice among some of the biggest brands in the world.
Key Business Highlights
In the first half of FY2020, Couchbase delivered:
Other key business milestones for the period include:
Combining the best of NoSQL with the power and familiarity of SQL, Couchbase’s strength in innovation continues to redefine the NoSQL space. Product momentum remained strong during the first half for Couchbase, on the heels of announcing two first-to-market technologies in FY2019: Couchbase Autonomous Operator, and the first commercial deployment of SQL++. Innovations in the first half of FY2020 include:
Customers – New and Expanded Relationships
Couchbase marked the first half by closing its largest single new logo in company history and can now call 30% of the Fortune 100 customers. Also during this period, Couchbase added multiple new logos, including AppDynamics, Trendyol, SafeCharge, 2K Games, VuBiquity, and Age of Learning. At the same time, the company grew existing customer relationships, some of which include eBay, Royal Caribbean, UPS, Verizon, and Visa.
Couchbase powers engaging customer experiences for travel and hospitality, including 3 of the top 3 cruise lines in the world, the top 3 global distribution systems, and 4 of the largest 10 airlines in the world. Couchbase also enables 5 of the top 10 retailers in the world and 5 of the top 10 U.S.-based e-commerce companies to create extraordinary shopping experiences.
Partner-sourced and influenced deals during the period grew to more than 25% of new business bookings while partner count grew to more than 280. Other highlights include:
Additions to the Leadership Team
“We will become the next great enterprise software company by simultaneously delivering sustained differentiation, driving long-term profitable growth, and building a world-class team,” said Matt Cain, President and CEO of Couchbase. “The first half of our fiscal 2020 demonstrates our continued focus and commitment to all of these areas as we accelerate growth of our technical innovation, our customer base, and our talent. Couchbase has been uniquely architected to enable the most business-critical applications for the largest enterprises in the world. No other database in the market can match our capabilities. The momentum we’ve built so far this year underscores this reality.”
Unlike other NoSQL databases, Couchbase provides an enterprise-class, multi-cloud to edge database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform. Couchbase is built on open standards, combining the best of NoSQL with the power and familiarity of SQL, to simplify the transition from mainframe and relational databases.
Couchbase has become pervasive in our everyday lives; our customers include industry leaders Amadeus, American Express, Carrefour, Cisco, Comcast/Sky, Disney, eBay, LinkedIn, Marriott, Tesco, Tommy Hilfiger, United, Verizon, as well as hundreds of other household names. For more information, visit www.couchbase.com.
Christina Knittel Couchbase 6504177500 firstname.lastname@example.org