Couchbase, which provides NoSQL database technology for application developers, raised $200 million by offering 8.3 million shares at $24, above the range of $20 to $23. The company originally planned to offer 7.0 million shares at the same range. At pricing, Couchbase commands a fully diluted market value of $1.2 billion.
Couchbase plans to list on the Nasdaq under the symbol BASE. Morgan Stanley, Goldman Sachs, Barclays, and RBC Capital Markets acted as joint bookrunners on the deal.
