Quickbase, Inc., is a software company that provides a low-code application development platform. The company is headquartered in
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
, Massachusetts, and was spun off from
Intuit
Intuit Inc. is an American 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 preparation application Tu ...
in March 2016. In January 2019,
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The co ...
, a private equity firm, announced that it had 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 in two growth industries, technology and healthcare, primarily in the United States. WCAS has a ...
for a reported $1 billion.
Quickbase offers a platform that enables users to build custom applications without the need for extensive coding knowledge. The company's platform provides a range of features, including drag-and-drop functionality, customizable templates, and pre-built components. These features allow users to build and deploy applications quickly and efficiently, saving time and resources.
History
In 1999, Joe Rice, Jim Salem, and Claude von Roesgen developed OneBase, a web-based multi-tenant architecture based database service to enable consolidation and sharing of easily accessible business information.
In fall of 1999,
Intuit
Intuit Inc. is an American 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 preparation application Tu ...
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 have continued to the present d ...
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 Mac ...
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. In January 2019,
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The co ...
purchased majority equity in the company for more than $1B. 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
{{Reflist
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