Quickbase, Inc., is a software company headquartered in

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

, Massachusetts spun off from

Intuit Intuit Inc. is an American multinational business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparati ...

in March 2016. In January 2019,

Vista Equity Partners Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Eq ...

, a private equity firm, acquired a majority stake in Quickbase from

Welsh, Carson, Anderson & Stowe Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing the industries of technology and healthcare, primarily in the United States. WCAS has a current ...

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,

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 ''PC Magazine'' (shortened as ''PCMag'') is an American computer magazine published by Ziff Davis. A print edition was published from 1982 to January 2009. Publication of online editions started in late 1994 and continues . Overview ''PC Mag ...

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 Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. Quicken runs on Windows and M ...

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.

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

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External links

Quickbase, Inc. website
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