Strong New Customer Growth
Couchbase added 34 new logos in Q3, up from 24 in the third quarter of fiscal 2024. Capella now represents 15.1% of total ARR and 1/3 of customers are using Capella.
Annual Recurring Revenue Growth
ARR was $220.3 million, up 17% year-over-year and 16% in constant currency.
Capella's Major Milestone
Couchbase achieved its largest Capella migration to date, a multimillion-dollar ARR enterprise customer decided to migrate to Capella.
Improved Operating Efficiency
The company improved its Rule of 40 score by 9 points year-over-year, demonstrating better operational efficiency.
Introduction of Capella AI Services
New AI Services to empower enterprises with AI model hosting, automated vectorization, and AI agent catalog services.