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Company type | Private |
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Industry | Platform as a service Digital transformation Enterprise Software |
Founded | 1999 |
Headquarters | Boston, Massachusetts, U.S. |
Products |
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Revenue | $200 Million(2022) |
Number of employees | 314 (2018) |
Website | www |
Quickbase, Inc., is a software company headquartered in Boston, Massachusetts spun off from Intuit in March 2016. In January 2019, Vista Equity Partners, a private equity firm, acquired a majority stake in Quickbase from Welsh, Carson, Anderson & Stowe for a reported $1 billion.
Quickbase's platform is intended for building applications without the need for extensive coding knowledge. The company's platform includes drag-and-drop functionality, customizable templates, and pre-built components. These features allow users to build and deploy applications with simplified user interfaces.
History
In 1999, Joe Rice, Jim Salem, and Claude von Roesgen developed OneBase, a web-based multi-tenant service to enable consolidation and sharing of easily accessible business information. In fall of 1999, Intuit added OneBase to its product portfolio, which includes QuickBooks and TurboTax. In 2000, Intuit renamed OneBase and launched Quickbase, described at the time as a "web-based tool for sharing information that will revolutionize how small businesses and workgroups collaborate with employees, vendors and customers".
In 2005, Quickbase was chosen as PC Magazine Editors' Choice. The same year, Quickbase won the SIIA Codie Award for "Best Business Software Product or Service." In 2015, Intuit announced plans to divest itself from Demandforce, Quickbase, and Quicken operations. Quickbase won the SIIA CODiE Award for Best Real Estate/Construction Management Solution and finalist for Best Cloud Platform as a Service.
In 2016, Welsh, Carson, Anderson & Stowe completed its acquisition of Intuit Quickbase.Vista Equity Partners purchased the majority equity in the company for more than $1B in January 2019. Welsh, Carson, Anderson & Stowe remained a minority stakeholder. In August, Quickbase bought Cloudpipes, which provides integration and automation tools for business applications through a cloud-based platform.
Services
Quickbase is a low-code platform that allows non-technical developers to build, customize and connect secure cloud applications without compromising IT governance and control.
References
- Cooper, Laura (13 January 2019). "Private-Equity Firm Vista Buys Majority Stake in Quick Base". Wall Street Journal.
- Cooper, Laura (13 January 2019). "Private-Equity Firm Vista Buys Majority Stake in Quickbase". Wall Street Journal. Retrieved 31 August 2019.
- "Intuit sells Quickbase to private equity firm". ZDNet. Retrieved 2016-03-08.
- "Intuit Plans to Sell Quickbase Business to Private Equity Firm". Bloomberg.com. 8 March 2016. Retrieved 2016-03-08.
- ^ "About Quick Base". Quick Base. Retrieved 16 September 2019.
- "Intuit Unveils Web-Based Tool For Sharing Information". Intuit.com. Archived from the original on 2005-12-20.
- "Quickbase for Corporate Workgroups, Spring 2005 Version". PCMag. Retrieved 2005-05-18.
- "Best Business Software Product or Service". SIIA.net. Retrieved 2005-04-14.
- Beckerman, Josh (20 August 2015). "Intuit to Divest Itself of Demandforce, Quickbase and Quicken". Wall Street Journal. Retrieved 2015-08-20.
- "Intuit Quickbase review - An extraordinarily powerful and flexible database SaaS". CloudPro. 23 October 2015. Retrieved 2015-10-23.
- "Winner In: Best Real Estate / Construction Management Solution". SIIA.net. Retrieved 2015-05-20.
- "Best Cloud Platform as a Service". SIIA.net. Retrieved 2015-05-20.
- Prmack, Dan (4 April 2016). "Term Sheet -- Monday, April 4; Random Ramblings". Fortune. Retrieved 22 December 2018.
- Cooper, Laura (13 January 2019). "Private-Equity Firm Vista Buys Majority Stake in Quick Base". WSJ. Retrieved 13 January 2019.
- Bridgwater, Adrian (14 August 2019). "Boston's Quick Base Buys Bulgarian Cloudpipes -- Because Low-code Needs An Integration X-Factor". Forbes. Retrieved 31 August 2019.
- "Citizen Developers: Low Code Is Now Enterprise-Class". Forbes.com. Retrieved 2016-05-16.
- "How A Forrester Analyst Learned Citizen Developers Exist". cmswire. Retrieved 2015-12-23.
External links
Categories:- 1999 establishments in Massachusetts
- Companies based in Cambridge, Massachusetts
- Software companies established in 1999
- American companies established in 1999
- Software companies based in Massachusetts
- Software companies of the United States
- 2019 mergers and acquisitions
- Private equity portfolio companies
- Business software companies