NuoDB was established in the year 2008 as NimbusDB. In 2011, its name was changed to NuoDB. It’s an SQL database company located in Cambridge, MA. The company was co-founded by Jim Starkey and Barry Morris, who is the Chief Executive Officer of the company. The company has been acknowledged on the Gartner MQ (Magic Quadrant). The technology of NuoDB is used by UAE Exchange, Alfa Systems, Kodiak, and Dassault Systèmes.
NuoDB was listed by Gartner as a niche player within MQ for Management Systems of Operational Database. Mass High Tech and Boston Business Journal chose NuoDB among their innovation All Stars of NuoDB declared its Series B extension funding round, which was led by the 3DExperience Company, Dassault Systèmes in Feb. 2014.
A total of $14.2 million was added to the funding of the company by the round. Longworth Venture Partners, Hummer Winblad Venture Partners (HWVP), and Morgenthaler Ventures were participants in the round. In July 2015, Morris became the chairman of NuoD.
In 2016, NuoDB managed to raise a financing round of $17 million from the investors, who were existing including Morgenthaler Ventures, Longworth Venture Partners, HWVP, and Dassault Systèmes. The company had managed to raise $59.7 funding at that time.