Cloud Database Startup NuoDB Gets $14.2 Million Investment
Grazed from eWeek. Author: Chris Preimesberger.
NuoDB, Inc., a cloud-based database startup based in Cambridge, Mass., on Feb. 28 announced that it has secured a $14.2 million investment led by European-based 3D software maker Dassault Systemes. Also participating in the round are NuoDB’s existing investors, which include Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners.
NuoDB claims to provide scale-out performance, continuous availability and geo-distributed data management. This is a single, logical database that can be deployed via the cloud in multiple locations simultaneously…

