How database startup Couchbase raised $105 million during a pandemic - Business Insider

under pressure to reduce and renegotiate their subscription contracts. Revenue that software companies thought was locked in for years, is now being cut.

"You are thinking of down scenarios...running every possible variation...at rates so far below what could even been within the imagination a week earlier," he said. "You do have this moment of, how did the world change so fast?" That was another scary moment for him, as he couldn't possibly know what the customers would say about their own IT budgets and what that would imply for their business with Couchbase.

The final thing Cain did to convince investors to open their wallets and make a good offer, was to show a path to future growth. Another opportunity comes from a new shift in strategy. Couchbase is one of the only popular database vendors that hasn't yet launched its own cloud service. Right now, its customers run its database on clouds from vendors like Amazon, Google, Microsoft, or on their own data centers, but they have to manage it themselves.

coronavirus made/developed by china

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cloud startup BetterCloud used this pitch deck to raise $75 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Target sees online sales skyrocket during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Oculus Quest usage up during pandemic but long-term barriers remain - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why US higher education may collapse financially during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »