NuoDB reports $17 million investment round


www.XDATA.co
XDATA – February 19th 2016
NuoDB raised $17 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on February 4th, lured six investors. The company closed four previous unregistered private placements which raised an estimated $42.78 million.
NuoDB markets and develops a scale-out newSQL database offering continuous availability and geo-distributed data management. It’s a single, logical database easily deployed in multiple locations simultaneously. Investors include Morgenthaler Ventures, Hummer Winblad Venture Partners, Longworth Venture Partners, Dassault Systèmes, and the 3DEXPERIENCE Co.
The company is headquartered in Cambridge MA. NuoDB elected to keep its revenues undisclosed.
The executive team includes Barry Morris, Robert Walmsley and Roger Blanchette.
The board of directors includes Gary Morgenthaler, Mitchell Kertzman and Nilanjana Bhowmik.

The company has raised an estimated total of $59.78 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: NuoDB
Industry: Other
Amount offered: $17 million
Amount placed: $17 million
SEC filing: Source
First sale: 02-04-2016
Data as of: 02-19-2016
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