NuoDB receives $14.2 million in funding
NuoDB, a cloud computing database software platform company, has received $14.2 million in funding led by Dassault with participation from Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners. Dassault Systems is one of the largest software companies in Europe that focuses on 3D design and manufacturing.
“Every Boeing you’ve ever flown on, every Airbus you’ve ever flown on … the cars you’ve driven in that get designed using 3D modeling systems, most of those are designed using the Dassault stuff,” stated NuoDB CEO Barry Morris.
NuoDB plans on using the funding for ramping up sales and marketing. The company currently has around 40 employees. There are thousands of developers that use their product around the world.