NuoDB

NuoDB is a database company based in Cambridge, Massachusetts. Founded in 2008, NuoDB has been recognized on the Gartner Magic Quadrant and its technology is used by Dassault Systèmes, Kodiak, Alfa Systems and UAE Exchange.

The firm was founded in 2008 as NimbusDB, and changed its name to NuoDB in 2011. The company co-founders are Barry S. Morris, who became the company's CEO, and Jim Starkey. NuoDB is based in Cambridge, Massachusetts. NuoDB patented its "elastically scalable database". The patent was filed March 8, 2011 and approved on July 17, 2012. U.S. Patent 8,224,860 states the inventor as Jim Starkey. In 2012, the firm received $12 million total in venture capital.

In 2013, Gartner listed NuoDB as a niche player in its Magic Quadrant for Operational Database Management Systems. Boston Business Journal and Mass High Tech named NuoDB as one of their 2014 Innovation All Stars. 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.

In 2015, Gartner again listed NuoDB, this time as a Visionary in its Magic Quadrant for Operational Database Management Systems. 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. 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.

NuoDB is an elastic SQL database for cloud applications. The NuoDB database is SQL compliant and has been called "NewSQL." It has a distributed object architecture that works in the cloud, which means that when a new server is added in order to scale-out the database, the database runs faster. The database scales out without sharding. The database distributes tasks amongst several processors to avoid bottlenecks of data. It uses peer-to-peer messaging to route tasks to nodes, and it is ACID compliant.