Couchbase IPO brings NoSQL database to the stock market

By Sean Michael Kerner

The NoSQL segment of the database market has grown to generate total revenue of $4.9 billion in 2020, representing about 12% of the overall database market, according S&P Global Market Intelligence’s 451TechTarget Research.

Couchbase’s IPO puts it in the big leagues. It’s no longer only competing for the NoSQL customer. Instead, it’s setting its sights on Oracle.

Jason Bloomberg Founder and president, Intellyx

Industry analysts expressed optimism about Couchbase’s prospects as it becomes a public company.

“Couchbase’s IPO puts it in the big leagues,” said Jason Bloomberg, founder and president at analyst firm Intellyx.” It’s no longer only competing for the NoSQL customer. Instead, it’s setting its sights on Oracle.”

Read the entire article here.

SHARE THIS: