Quickbase
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| Company type | Private |
|---|---|
| Industry | Platform as a service Digital transformation Enterprise Software |
| Founded | 1999 |
| Headquarters | Boston, Massachusetts, U.S. |
| Products |
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| Revenue | |
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.[2][3][4]
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
[edit | edit source]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.[5] In fall of 1999, Intuit added OneBase to its product portfolio, which includes QuickBooks and TurboTax.[5] 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".[6]
In 2005, Quickbase was chosen as PC Magazine Editors' Choice.[7] The same year, Quickbase won the SIIA Codie Award for "Best Business Software Product or Service."[8] In 2015, Intuit announced plans to divest itself from Demandforce, Quickbase, and Quicken operations.[9] Quickbase won the SIIA CODiE Award for Best Real Estate/Construction Management Solution and finalist for Best Cloud Platform as a Service.[10][11][12]
In 2016, Welsh, Carson, Anderson & Stowe completed its acquisition of Intuit Quickbase.[13]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.[14] In August, Quickbase bought Cloudpipes, which provides integration and automation tools for business applications through a cloud-based platform.[15]
Services
[edit | edit source]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.[16][17]
References
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External links
[edit | edit source]- 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