NuoDB, a database company based in Cambridge Massachusetts, was founded in 2008 and provides patented technology used by notable companies such as Kodiak, Dassault Systemes, the UAE Exchange and Alfa Systems. The firm was originally named Nimbus DB, but later changed it’s name in efforts to improve standing in the market. The company holds a patented technology called “elasticity scalable database” In other words, NuoDB is an elastic SQL database for cloud applications. Jim Starkey is credited as being the inventor of the technology.
NuoDB has garnered many accolades over the years. In 2012, the firm was reported of acquiring over $12 million in venture capital. In 2013 the company was recognized as one of Boston’s Business Journals 2014 “Innovation All stars.” After winning over many more investors in the year 2016, it has been reported that NuoDB has now raised over $60 million in funding.
The SQL compliant cloud database is also referred to as “NewSQL”. NuoDB’s technology allows new added servers to scale out in a database without sharding, meaning that no errors occur and the servers run fast and efficiently. The database elects tasks to the appropriate processors while using peer to peer messaging to accurately distribute tasks to nodes.