Fundraising Fox

Nuodb

Acquired

Cambridge, US · Founded 2010 · Delaware corporation · 4 known investors

NuoDB is a distributed SQL database that lets enterprises run and scale mission-critical SQL applications across private, public, hybrid, and multi-cloud environments with ACID compliance and continuous availability. It uses a multi-node architecture of Transaction Engines and Storage Managers to support high-frequency OLTP workloads that scale out and in based on demand.

Also known as Nimbus DB · NimbusDB · NuoDB, Inc.

Founders & leadership

JW
John WagnerExecutive
BM
Barry MorrisNamed on SEC filing

Board

MKMitchell Kertzman
Mitchell KertzmaninBoard directorManaging Director at Hummer Winblad Venture Partners (HWVP)
GM
Gary MorgenthalerBoard director
NBNilanjana Bhowmik
Nilanjana Bhowmikin𝕏Board directorFounder & General Partner at Converge

Investors · 4

Also in the syndicate · 2

Dassault SystèmesMorgenthaler Ventures

Reported raises · per SEC filings

Form D private placements

$76M disclosed across 4 of 6 rounds · 2012–2018

$30.6MraisedDec 2018 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Roger BlanchetteExecutive Officer
  • Joseph HutchesonDirector
  • Robert WalmsleyExecutive Officer, Director
  • Gary MorgenthalerDirector
  • Mitchell KertzmanDirector
  • Clive KetteridgeDirector
  • Nilanjana BhowmikDirector
Offering amount
$30.6M
Amount sold
$30.6M
First sale
Dec 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.8MraisedNov 2017 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nilanjana BhowmikDirector
  • Barry MorrisExecutive Officer, Director
  • Gary MorgenthalerDirector
  • Roger BlanchetteExecutive Officer, Director
  • Robert WalmsleyExecutive Officer, Director
  • Mitchell KertzmanDirector
Offering amount
$31.8M
Amount sold
$21.8M
First sale
Feb 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.5MraisedMar 2015 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mitchell KertzmanDirector
  • Gary MorgenthalerDirector
  • Nilanjana BhowmikDirector
  • John WagnerExecutive Officer
  • Barry MorrisExecutive Officer, Director
Offering amount
$14.5M
Amount sold
$9.5M
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$14.2MraisedFeb 2014 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nilanjana BhowmikDirector
  • Mitchell KertzmanDirector
  • Gary MorgenthalerDirector
  • Barry MorrisExecutive Officer, Director
  • John WagnerExecutive Officer
Offering amount
$16.2M
Amount sold
$14.2M
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

NuoDB develops a distributed, ACID-compliant SQL database designed for mission-critical enterprise applications that must run on premises, in private or public clouds, in hybrid environments, or across multiple clouds. The product is built around a multi-node architecture of Transaction Engines (TEs), which handle in-memory transaction processing, and Storage Managers (SMs), which persist data; capacity is added by deploying additional TEs and SMs rather than by replacing hardware, and the database scales out without sharding. The system distributes tasks across processors, uses peer-to-peer messaging to route work to nodes, and is designed so that the loss of one or more nodes does not remove access to the database. It is classified as a NewSQL, distributed-object database and was designed to align with and extend Edgar F. Codd's twelve rules for relational databases by adding the ability to run anywhere, elastic scalability, nonstop availability, a single logical database and distributed security.

The platform targets high-frequency OLTP workloads that need to scale out and back in with fluctuating demand, allowing customers to pay only for the resources their applications consume. It supports active-active and active-passive configurations, rolling upgrades, and tolerance of process, container, host or data center failures. NuoDB Admin (nuoadmin), introduced with release 4.0, provides the domain and database management tier, with the nuocmd command line tool and a REST API used for control, monitoring and troubleshooting; in Kubernetes and other containerized environments, error detection and self-healing are automatic. Client access is provided through command line utilities (nuosql, nuodump, nuoloader, nuoarchive, nuodb-migrator) and drivers for multiple programming languages, including a JDBC driver with backward and forward compatibility across NuoDB versions and ORM extensions such as Hibernate for Java.

Founding story

Jim Starkey and Barry S. Morris founded the company in 2008 under the name NimbusDB, with incorporation in 2010, to build an elastically scalable, SQL-compliant database for cloud environments. The founders' vision was to expand on Edgar F. Codd's relational database rules by adding the ability to run anywhere, elastic scalability, nonstop availability, a single logical database and distributed security. Morris served as chief executive from founding until 2015.

Business model

NuoDB licenses its distributed SQL database software to enterprises. Two licensing options are offered: a Limited Use License restricted to three Transaction Engines and one Storage Manager, and an Enterprise License supporting an unlimited number of TE and SM processes for commercial implementations with complex or rapid growth requirements. Historically the product was also distributed in a free developer Community Edition alongside an enterprise version, with the Community Edition extended in January 2017 to allow scale-out across multiple hosts. The consumption-oriented positioning emphasizes scaling out and in with demand so customers pay only for resources used.

Revenue comes from database software licensing (Limited Use and Enterprise licenses) and associated support offerings, including a knowledge base, configuration guidance and ticket management. The company reported revenues of about $6 million in 2019.

Traction

Reported revenues were about $6 million in 2019 and Wikipedia lists 85 employees. Named users of the technology include Dassault Systèmes, UAE Exchange, Temenos and Santander Bank, and the Rancher Labs partnership supported WeLab in launching a Hong Kong virtual bank. The company received Gartner Magic Quadrant recognition in 2013 and 2015 and was named a 2014 Innovation All Star by Boston Business Journal and Mass High Tech. Third-party estimates place recent headcount in the 11-50 range across North America, Europe and Asia.

Latest developments

A new version of the distributed SQL database was released in August 2020. In November 2020 Dassault Systèmes, which already owned 16% of the company, announced it was acquiring the remaining equity, with the transaction planned to close in December 2020 and the technology intended to support the 3DEXPERIENCE platform's cloud and data science strategy and large SaaS deployments. Documentation is currently maintained for NuoDB releases 6.0.2, 7.0.x and 8.0.x, and the product website is now presented under the Dassault Systèmes brand.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

NuoDB competes in the distributed SQL / NewSQL operational database market. Gartner listed the company as a Niche Player in its Magic Quadrant for Operational Database Management Systems in 2013 and as a Visionary in 2015. Third-party listings place it alongside vendors such as SingleStore, MemSQL, GridGain and Couchbase. Following the 2020 acquisition, the technology is positioned as part of Dassault Systèmes' 3DEXPERIENCE platform cloud and data science strategy and to serve large SaaS deployments.

NuoDB combines SQL compatibility and full ACID guarantees with the ability to scale out and back in dynamically across nodes and clouds without sharding, and to survive node, host or data center failures without loss of database access. Its separation of Transaction Engines from Storage Managers lets customers tune compute and storage capacity independently, and deployment is cloud-agnostic to avoid vendor lock-in. Adding servers increases performance rather than requiring hardware replacement, and the company holds a patent on its elastically scalable database granted in July 2012, 15 months after filing.

Technology

The database is SQL-compliant and classified as NewSQL, with a distributed object architecture built for cloud deployment. Transaction Engines and Storage Managers operate as redundant, tiered processes that together maintain ACID compliance across nodes; adding servers increases throughput without sharding. Peer-to-peer messaging routes tasks to nodes and work is distributed across processors to avoid data bottlenecks. Later releases added table partitions and storage groups, active-active deployment across AWS availability zones and later across hybrid and multi-cloud environments, a graphical dashboard of database and system metrics, container-native features for Red Hat OpenShift, and Kubernetes Operator support (the NuoDB Operator achieved Red Hat OpenShift Operator Certification in 2019). Management is via the NuoDB Admin tier, the nuocmd CLI, a REST API accessible over HTTP/HTTPS, and the pynuoadmin Python REST client.

Go-to-market

The company sells enterprise licenses directly and distributes a limited-use/community edition to developers, supported by product documentation, quick start guides, a knowledge base and a technical blog. Strategic technology partnerships and OEM-style embedding have been central: a relationship with Dassault Systèmes beginning in 2013, strategic technology partnership with Temenos from 2018 for its cloud and SaaS banking offering, a 2017 agreement with CauseSquare, and a 2019 partnership with Rancher Labs announced at KubeCon North America. Availability through the Red Hat OpenShift Container Platform and public cloud marketplaces broadened distribution.

Enterprises running mission-critical SQL applications that require strict consistency, continuous availability and elastic scale, including organizations migrating existing SQL applications to cloud, hybrid or multi-cloud architectures. Adoption has been concentrated in fintech and financial services — cited users include Dassault Systèmes, UAE Exchange, Temenos, Santander Bank and WeLab — as well as teams adopting Kubernetes, OpenShift and container-based deployment models.

Geography

Headquartered in Cambridge, Massachusetts, United States, with staff reported across North America, Europe and Asia. The software is deployed on premises and in public, private, hybrid and multi-cloud environments including AWS, Google Cloud, Microsoft Azure and Red Hat OpenShift. Since the acquisition the company operates under Dassault Systèmes, which is headquartered in Vélizy-Villacoublay, France.

History

The company was founded in 2008 by Barry S. Morris and Jim Starkey as NimbusDB and incorporated in 2010; the name was changed to NuoDB in 2011. It filed its elastic-scalability patent in March 2011 and received approval in July 2012, the same year it raised $12 million in venture capital. Version 1.0 shipped in January 2013, followed by 2.0 'Blackbirds' (2013), 2.1 'Swifts' (2014), 2.4 'Cranes' (2015), 2.5 (2016), 2.6 (2017), 3.0 (2017), 3.1 and 3.3 (2018) and 4.0 (2019). A February 2014 Series B extension led by Dassault Systèmes added $14.2 million, and a $17 million round from existing investors followed in 2016, bringing total funding to $59.7 million at that time. Barry Morris served as CEO until July 2015, when he became executive chairman and Bob Walmsley was promoted to CEO. Dassault Systèmes announced the acquisition of the remaining NuoDB equity in November 2020, closing in December 2020.

Risks & controversies

The company depends heavily on a small number of large strategic relationships, notably Dassault Systèmes — which was both an investor and a customer before acquiring the company — and Temenos, whose banking cloud and SaaS offering embeds the database. Reported 2019 revenue of about $6 million was modest relative to roughly $59.7 million of disclosed funding by 2016, and the company competes against larger distributed database vendors.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Dassault Systèmes ownership interest prior to acquisitionNov 202016%
EmployeesJan 202085 people
RevenueJan 2019$6M
Total funding raisedJan 2016$59.7M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Aeluros5 shared keywordsConsumer online privacy and security solutions; acquired by Opera and later Symantec.
OneLogin4 shared keywordsOneLogin provides cloud-based identity and access management (CIAM) solutions that enable organizations to securely manage user authentication and application access across their enterprise infrastructure.
Frontegg4 shared keywordsFrontegg provides a low-code customer identity and access management (CIAM) platform that secures user login and authentication for SaaS applications. It also offers an agentic layer that lets SaaS products expose their functionality to users through generative AI platforms.
JumpCloud4 shared keywordsJumpCloud is an AI-powered unified IT management platform that provides identity, access, and device management for organizations managing both human users and non-human AI identities. The platform consolidates management of users, devices, and resources across cloud and on-premises environments to deliver intelligent security and compliance.
SmartBear4 shared keywordsSmartBear provides a platform for software testing, design, and observability that helps development teams ensure application integrity throughout the development lifecycle. The company serves software development teams at scale.
miniOrange4 shared keywordsminiOrange builds identity security and data privacy products, including IAM, PAM, IGA, and ITDR, along with device management, security plugins for platforms like WordPress, Atlassian, Drupal, and Shopify, and consent/cookie management for DPDP and GDPR compliance. It also offers AI agent and non-human identity security plus security services such as penetration testing and code analysis for hybrid environments.
Okta4 shared keywordsOkta provides identity and access management products designed to protect the identities of workforce and customer users. The company serves enterprises and organizations that need to manage identity authentication and authorization across digital environments.

Companies competing with Nuodb for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 20

launches, deals, and filings
Nov 2020
Dassault Systèmes announces acquisition of NuoDB

Dassault Systèmes, already holding a 16% ownership interest, announced it was acquiring the remainder of NuoDB's equity, with the transaction planned to close in December 2020.

source ↗

Aug 2020
New version of NuoDB distributed SQL database released

source ↗

Nov 2019
Partnership with Rancher Labs announced at KubeCon North America 2019

The partnership supported WeLab in establishing a virtual bank in Hong Kong.

source ↗

Jul 2019
NuoDB 4.0 adds Kubernetes Operator and public cloud support

Version 4.0 introduced cloud-native and cloud-agnostic capabilities with support for Kubernetes Operators and public clouds including Google Cloud and Microsoft Azure, plus database health and performance assessment.

source ↗

Jan 2019
Temenos AG partners with NuoDB

Temenos and NuoDB became strategic technology partners in 2018 and continued to work together on Temenos' cloud and SaaS offering.

source ↗

Oct 2018
NuoDB 3.3 adds container-native features and Red Hat OpenShift availability

source ↗

Sep 2017
NuoDB 3.0 adds active-active across hybrid and multi-cloud environments

Version 3.0 expanded the ecosystem beyond AWS to Google Cloud, Microsoft Azure and Red Hat environments.

source ↗

Jan 2017
CauseSquare selects NuoDB as database for its social engagement platform

source ↗

Jan 2017
NuoDB 2.6 adds table partitions, storage groups and active-active support on AWS

source ↗

Jan 2016
$17 million financing round from existing investors

Round raised from existing investors including Dassault Systèmes, Hummer Winblad Venture Partners, Longworth Venture Partners and Morgenthaler Ventures; total funding raised at the time was $59.7 million.

$17M source ↗

Jul 2015
Bob Walmsley named CEO; Barry Morris becomes executive chairman

Founding CEO Barry Morris moved to executive chairman and Bob Walmsley, previously EVP of sales and services, was promoted to CEO.

source ↗

Jan 2015
Gartner lists NuoDB as a Visionary in Magic Quadrant for Operational DBMS

source ↗

Nov 2014
NuoDB 2.1 'Swifts' released with low-latency HTAP capabilities

source ↗

Feb 2014
Series B extension of $14.2 million led by Dassault Systèmes

NuoDB announced an extension to its Series B round led by Dassault Systèmes, adding $14.2 million, with participation from Morgenthaler Ventures, Hummer Winblad Venture Partners and Longworth Venture Partners.

$14.2M source ↗

Jan 2014
Named a 2014 Innovation All Star by Boston Business Journal and Mass High Tech

source ↗

Oct 2013
NuoDB 2.0 'Blackbirds' released with extended geographical support

source ↗

Jan 2013
Gartner lists NuoDB as a Niche Player in Magic Quadrant for Operational DBMS

source ↗

Jan 2013
NuoDB 1.0 released

source ↗

Jul 2012
Patent granted for elastically scalable database

NuoDB filed a patent for its 'elastically scalable database' in March 2011 and received approval 15 months later in July 2012.

source ↗

Jan 2012
NuoDB raises $12 million in venture capital

$12M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
NuodbDelaware

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Nuodb do?
NuoDB is a Cambridge, Massachusetts distributed SQL database company acquired by Dassault Systèmes in 2020.
Who are Nuodb's investors?
Nuodb's investors include Converge, Hummer Winblad Venture Partners (HWVP).
How much funding has Nuodb raised?
Nuodb has disclosed $76M raised across 4 of its 6 known rounds.
Where is Nuodb headquartered?
Nuodb is headquartered in Cambridge, US.