It’s been a pretty good couple of weeks for Couchbase. Not only has the NoSQL database provider rounded up $60 million (£35.2m) in series E funding, but has also released benchmark figures which significantly outperform the competition, including MongoDB and DataStax.
The latest round of funding featured two new investors, WestSummit and Accel Growth Fund, along with existing venture capital investors, to bring overall figures to $115m (£67.6m).
It’s not often that companies get to the series E funding stage. As Marc Andreessen cited earlier this month, it’s generally accepted among venture capitalists that series A funding is to build the product and get first beta customers, while series B funding is to build the business around the product and get to revenue.
Noted VC Fred Wilson wrote a blog post expanding on this, saying series C funding was to get to profitability so cash …