Led · Equity · Dec 2018

NuoDB is a NewSQL database that looks and behaves like a traditional SQL database from the outside but is revolutionary under the covers. The company positions itself as a new class of database for a new class of datacenter. It was created by an experienced team of software experts and is described as having the support of a visionary investment team. NuoDB is based in Cambridge, MA. According to an SEC filing reported by BostInno, the company has raised a $30 million equity round. Investors named in the filing include Temenos, Hummer Winblad Venture Partners, Longworth Venture Partners, Dassault Systems, and Morgenthaler Ventures. NuoDB provides an SQL database designed for cloud-enabled and modern datacenter applications. Its ACID-compliant database distributes tasks among multiple processors and uses peer-to-peer messaging to route tasks to nodes, aiming to avoid bottlenecks and maintain application performance. The product targets geo-distributed data management and business continuity for frequent application deployments. Led by President and CEO Bob Walmsley, the company operates from Cambridge, MA and also has offices in Dublin and Belfast. NuoDB completed a $17m funding round and plans to use the proceeds to further refine its database offering and expand sales and marketing efforts. NuoDB, Inc. is a Cambridge, MA–based provider of a webscale distributed database management system designed for the cloud and the modern datacenter. Led by CEO and co‑founder Barry Morris, the company delivers a DBMS specifically built for cloud deployments and modern datacenter environments. Customers mentioned in the article include AutoZone and Zombie Studios, among others. The company received an investment from Roger Sippl; the amount of the investment is undisclosed. Roger Sippl, who co‑founded Informix and other software companies, will help NuoDB improve the product. The article does not disclose revenue, user metrics, or further financial details. NuoDB develops a distributed database management system that uses a "durable distributed cache" to scale out and avoid a single point of failure. The product runs on commodity hardware and virtual machines and became generally available in January 2013. Founded in 2010 by database architect Jim Starkey and CEO Barry Morris, the company spent 2013 getting to GA and acquiring initial customers. Since GA it has grown to about 25 commercial customers, including AutoZone, DropShip Commerce and Zombie Studios, and its free Developer Edition is used by roughly 11,000 developers. NuoDB expects its revenue to grow at least 300 percent in 2014. The company plans to use the new funding to build out its sales and marketing teams. NuoDB develops an elastically scalable database architected for the cloud using a shared‑nothing, asynchronous, peer‑to‑peer design. The product is SQL‑compliant, guarantees ACID transactions, is highly resilient, and requires minimal administration. Its architecture is intended to deliver high performance at web scale without sacrificing traditional relational features. The database is currently in beta and is slated to become generally available in Q3 2012. NuoDB plans to use new funding to advance product development as well as sales and marketing. The company was founded in 2010 and is based in Cambridge, Massachusetts.