"He also declined to comment on Couchbase’s revenue or valuation. Couchbase’s valuation has dropped since its last round, according to documents filed with the funding–its share price is down to $4.64, a 41% drop from its last round in June 2014, according to industry tracker PitchBook Data. It is slightly above August 2013 levels.Couchbase Takes $30 Million in Down Round Despite Customer Gains - Digits - WSJ
The valuation decline comes despite the company’s disclosure that it has seen a 30% uptick in paying customers since last year.
Competitor MongoDB Inc. was valued privately in December 2014 at $1.6 billion but has also had shares written down, according to The Wall Street Journal’s Startup Stock Tracker–since the fourth quarter of 2013 MongoDB’s shares are down an average of 30.38%, although the company is reported to have doubled revenue last year to about $100 million."
Wednesday, March 16, 2016
Couchbase Takes $30 Million in Down Round Despite Customer Gains - Digits - WSJ
The latest endangered species: NoSQL unicorns