| Quickbase, Inc. | |
| Type: | Private |
| Industry: | Platform as a service Digital transformation Enterprise Software |
| Num Employees: | 314 (2018) |
| Founded: | 1999 |
| Revenue: | $200 Million(2022)[1] |
| Location: | Boston, Massachusetts, U.S. |
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.
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]
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]