Basho Technologies, Inc.

Basho Technologies, Inc. is a provider of distributed NoSQL database solutions, focusing on scalability and high availability for modern applications, particularly in web and IoT environments. Founded in 2008 in Bellevue, US, Basho Technologies, Inc. specializes in distributed database solutions.

The company was formed to address the demand for scalable database infrastructure in the evolving tech landscape. Its latest funding round was Series G, achieving a total raise of USD 25. 00 mn, led by Georgetown Capital, with a current valuation of USD 85. 52 mn.

Basho has completed a total of 10 deals, with the most recent deal recorded on August 24, 2017, when Bet365 Group Limited acquired the remaining assets of the company. Basho Technologies, Inc. offers Riak, a suite of distributed NoSQL database solutions designed to meet the needs of modern applications, especially in the web and IoT sectors. Their primary products, Riak KV and Riak TS, utilize a flexible key-value data model for efficient data management.

Riak KV supports various applications such as profile management and big data analytics, while Riak TS is optimized for IoT and time-series data. The company serves clients including bet365, ShopKeep POS, OpenX, Tapjoy, and The Weather Company across North America, Europe, and Asia. Basho Technologies generates revenue through commercial support services and partnerships, catering to both enterprise and open-source clients. The company offers subscription models that allow clients to select support plans tailored to their needs for database solutions, including Riak KV and Riak TS.

Revenue is derived from direct engagements with businesses requiring scalable database infrastructure, with support packages that include setup, maintenance, and updates, although specific pricing details are not publicly disclosed. Basho Technologies is focused on enhancing its product offerings and expanding its market presence. While specific upcoming products have not been detailed, the company plans to utilize insights from its latest funding to support growth initiatives, particularly in regions where demand for scalable database solutions is increasing. With the acquisition by Bet365 in August 2017, Basho aims to leverage new opportunities in the evolving tech landscape.