Couchbase, a leading developer data platform for critical AI applications, has entered into a definitive agreement to be acquired by Haveli Investments, a technology-focused investment firm, in an all-cash transaction valued at approximately $1.5 billion. This acquisition will enable Couchbase to become a privately held company, accelerating its mission to deliver high-performance database solutions.
Couchbase to be acquired by Haveli Investments for $1.5 billion in cash.
Will become a privately held company upon transaction completion.
Acquisition to boost Couchbase’s AI-driven data platform for enterprises.
Haveli to leverage expertise to scale Couchbase’s market leadership.
Transaction expected to close in the second half of 2025.
Couchbase empowers developers with high-performance database solutions.
Couchbase’s acquisition by Haveli Investments marks a pivotal step in its journey to enhance its developer data platform. Valued at $1.5 billion, the all-cash deal will allow Couchbase to operate as a private entity, providing greater flexibility to innovate and expand its offerings for enterprise customers seeking scalable, AI-enabled database solutions.
Couchbase’s platform is designed to meet the performance and scalability demands of modern enterprises, particularly for next-generation AI applications. The acquisition will strengthen its ability to deliver critical data infrastructure, enabling developers and organizations to build high-performance, mission-critical applications in an AI-driven world.
“Couchbase has been at the forefront of modern database technology, empowering developers and enterprises to build high-performance applications,” said Matt Cain, Chair, President and CEO of Couchbase. “Today’s announcement marks a significant milestone for our stockholders and an exciting new chapter for Couchbase. Haveli’s investment is a strong affirmation of our market position and our future potential, and we are thrilled to partner with Haveli to accelerate our vision and deliver even greater value to our customers.”
“The data layer in enterprise IT stacks is continuing to increase in importance as a critical enabler of next-gen AI applications,” said Sumit Pande, Senior Managing Director at Haveli Investments. “Couchbase’s innovative data platform is well positioned to meet the performance and scalability demands of the largest global enterprises. We are eager to collaborate with the talented team at Couchbase to further expand its market leadership.”
“We are excited to combine Haveli’s operational expertise in scaling enterprise software organizations with Couchbase’s strong product leadership to deliver high performance database solutions to the developer and enterprise customer base globally,” added Marissa Tarleton, Senior Managing Director at Haveli Investments.
The transaction is expected to close in the second half of 2025, pending customary closing conditions, including regulatory approvals. A “go-shop” period, expiring at 11:59 p.m. Eastern Time on June 23, 2025, allows Couchbase to explore alternative acquisition proposals, though no assurances exist that this will result in a superior offer.
The acquisition by Haveli Investments positions Couchbase to accelerate its growth and innovation in the database technology space. As a privately held company, Couchbase will continue to empower enterprises with its AI-ready data platform, driving value for developers and customers worldwide.
As industries race to embrace AI, traditional database solutions fall short of rising demands for versatility, performance and affordability. Couchbase is seizing the opportunity to lead with Capella, the developer data platform architected for critical applications in our AI world. By uniting transactional, analytical, mobile and AI workloads into a seamless, fully managed solution, Couchbase empowers developers and enterprises to build and scale applications and AI agents with complete flexibility – delivering exceptional performance, scalability and cost-efficiency from cloud to edge and everything in between. Couchbase enables organizations to unlock innovation, accelerate AI transformation and redefine customer experiences wherever they happen.
Haveli Investments is an Austin-based private equity firm that seeks to invest in the highest quality companies in the technology sector through control, minority or structured equity and debt investments with a focus on software, data, gaming and adjacent industries. The firm seeks to partner with innovative companies, entrepreneurs and management teams throughout a company's life cycle. Haveli's experienced team of investors and diverse industry experts will provide operational and strategic support, enabling portfolio companies to focus on driving innovation and increasing growth, scale and operating margins. Underscoring Haveli's investments is an unwavering focus on a culture of inclusivity and sustainability.