NuoDB
From Wikipedia, the free encyclopedia
 | |
| Industry | Database technology |
|---|---|
| Predecessor | Nimbus DB |
| Founded | 2008 |
| Headquarters | Cambridge, Massachusetts , United States |
Key people |
|
Number of employees | 85[1] |
| Website | nuodb |
NuoDB is a cloud-native distributed SQL database company based in Cambridge, Massachusetts.[2] Founded in 2008 and incorporated in 2010,[3][4] NuoDB technology has been used by Dassault Systèmes,[5] as well as FinTech and financial industry entities including UAE Exchange,[6] Temenos,[7][8][9] and Santander Bank.[citation needed]
In 2008, the firm was founded by Barry S. Morris and Jim Starkey, with Morris serving as CEO until 2015.[3][1][10] Originally called NimbusDB, the company name was changed to NuoDB in 2011. Based in Cambridge, Massachusetts,[11][12] NuoDB patented its "elastically scalable database", filing in March 2011 and receiving approval only 15 months later (July 2012).[11][13][14] In 2012, the firm raised $12 million in venture capital funds.[12][15]
In 2013, Gartner listed NuoDB as a niche player in its Magic Quadrant for Operational Database Management Systems.[16] Boston Business Journal and Mass High Tech named NuoDB as one of their 2014 Innovation All Stars.[17] In February 2014, NuoDB announced an extension to its Series B funding round led by Dassault Systèmes. The round added $14.2 million to the company's funding. Morgenthaler Ventures, Hummer Winblad Venture Partners and Longworth Venture Partners participated in the round.[18][19][3]
In 2015, Gartner again listed NuoDB, this time as a Visionary in its Magic Quadrant for Operational Database Management Systems.[20][21] Morris, the company's founding CEO, became executive chairman in July 2015. Bob Walmsley, previously executive vice president of sales and services, was promoted to CEO.[1][10] NuoDB raised a $17 million financing round in 2016 from existing investors including Dassault Systèmes, Hummer Winblad Venture Partners, Longworth Venture Partners and Morgenthaler Ventures. At that time, the company had raised a total of $59.7 million in funding.[21][22][23] In 2017, CauseSquare announced its partnership with NuoDB, selecting NuoDB as the official database for the mobile social engagement platform designed for the non-profit sector.[24]
In 2018, NuoDB became available on the Red Hat OpenShift Container Platform.[25][26][27] One year later, NuoDB added Kubernetes availability in pursuit of a cloud-native, cloud-agnostic, multi-cloud strategy.[28][29] In 2019, Temenos AG partnered with NuoDB, promoting scalability and IT service continuity.[30]
NuoDB was acquired by Dassault Systèmes in December 2020.[31]