NuoDB is a database management technology that builds on features of traditional SQL to come up with a new SQL database that supports cloud computing. When installed in a system, NuoDB software sends commands to other programs and applications using SQL statements. Despite being almost similar to traditional database management systems, however, NuoDB structure incorporate tires, such as storage, administrative, and. This structure enables it to support cloud database computing.
A database genius, Jim Starkey, masterminded NuoDB. He joined hands with Barry S Morris, another tech genius, to develop the software in 2008. The two opened a company in Cambridge, Massachusetts and named it NimbusDB. The company, which was later rebranded to NuoDB, has since been developing, marketing, and distributing NuoDB software. The software is developed in series, some of them being NuoDB 1.0, NuoDB 1.5, NuoDB 2.0, NuoDB 2.3 and so on. Early this year, the company released a new series, NuoDB 2.6.
NuoDB’s Financial Position
By last year, NuoDB had received funding to the tune of $58 million. Some of the main financiers include Hummer Winblad Venture Partners, Dassault Systèmes, Morgenthaler Ventures, and Longworth Venture Partners. The funding came in three rounds in 2012, 2014, and 2016. Currently, the company provides employment to over 85 employees.