# NuoDB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nuodb

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.nuodb.com
- Total disclosed funding: $41M
- Latest round: Series C (Feb 22, 2016)
- Investors on record: 5

## About

NuoDB, Inc. is a technology firm that specializes in distributed SQL databases. Their platform is designed to deliver cloud-based solutions for enterprise applications, ensuring continuous availability and dynamic scaling to meet user demands.NuoDB, Inc. offers a distributed SQL database tailored for enterprise-grade applications. Founded in 2010 in Cambridge, US, the company has engaged in multiple investment rounds, with the latest funding of USD 30.550 mn led by Temenos Holdings on November 25, 2020. The company has a total of 7 deals to its name. Barry Morris, a notable entrepreneur, played a key role in its founding, while the current CEO is Bob Walmsley. NuoDB is now a subsidiary of Dassault Systèmes, which acquired it in November 2020. The specific details of the acquisition terms were not disclosed.NuoDB provides a distributed SQL database specifically designed for enterprise applications within cloud environments. Key features include continuous availability and dynamic scaling based on real-time user demand, helping organizations optimize their operational costs. The platform supports various deployment options across multiple cloud infrastructures and is targeted towards industries such as finance, healthcare, and e-commerce. NuoDB's client base consists of enterprises requiring robust database solutions for critical applications, with a significant presence in North America, Europe, and Asia-Pacific regions.NuoDB operates on a subscription-based revenue model, fostering long-term relationships with clients through multi-year agreements. This structure allows enterprises to utilize the database while receiving ongoing support and updates. Most transactions are B2B, where enterprises acquire licenses tailored to their specific requirements. The pricing model adapts based on usage levels, ensuring predictable financial commitments aligned with operational needs, although specific revenue figures are not disclosed.Moving forward, NuoDB aims to enhance its product offerings while expanding into new markets. The company is likely focusing on developing new features and updates to its database platform, although specific product launch dates are not provided. The recent funding of USD 30.550 mn will support these growth initiatives. Additionally, following its acquisition by Dassault Systèmes, NuoDB can leverage the parent company's resources for market expansion, although the exact regions targeted for growth are not outlined.

## Funding rounds

- Series C, Feb 22, 2016, $17M — Aspenwood Ventures, Longworth Venture Partners, Morgenthau Venture Partners
- Series B, Feb 26, 2014, $14M — Aspenwood Ventures, Morgenthaler Ventures, Longworth Venture Partners, Dassault Systemes
- Series B, Jul 9, 2012, $10M — Aspenwood Ventures, Morgenthaler Ventures, Longworth Venture Partners

## Investors

- Aspenwood Ventures (https://capitalatlas.ai/funds/aspenwood-ventures) — Series B, Series C
- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series B
- Longworth Venture Partners (https://capitalatlas.ai/funds/longworth-venture-partners) — Series B, Series C
- Dassault Systemes — Series B
- Morgenthau Venture Partners (https://capitalatlas.ai/funds/morgenthau-venture-partners) — Series C