NuoDB is a highly reputable database business centrally positioned in Cambridge, Massachusetts. Since its opening in 2008, the company has focused on developing pioneering databases, which can facilitate operational efficiencies of businesses’ vital cloud applications. It has enjoyed praises from its many clients like UAE Exchange, Kodiak, Dassault Systemes, and Alfa Systems.
During its launch in 2008, the company was called NimbusDB and adopted the name NuoDB in 2011. The cofounders of this innovative database provider are the current CEO Barry S. Morris and Jim Starkey. NuoDB obtained a license for its patent, “elastically scalable database,” back in July 2012. Jim Starkey is listed as the investor of this patent. In 2012, NuoDB received venture capital worth $12 million from various investors.
Awards and recognitions
NuoDB has bagged many coveted awards and received several recognitions. For example, Gartner named the firm as an important partner in its Magic Quadrant. The firm also made it to the list of 2014 Innovation All-Stars that was published in Mass High Tech and Boston Business Journal.
Series B funding
In February 2014, the firm extended its Dassault Systemes-run Series B funding. NuoDB added $14.2 million to its funds from this round of funding.