NuoDB was founded in Cambridge, Massachusetts not too long ago. NuoDB was originally named NimbusDb but was later on changed to appeal better in the tech market. The company holds an innovative patented technology called “elasticity scalable database” that is in use by some rather large companies located around the world. The inventor of this said technology is Jim Starkey who is also the co founder and CEO of NuoDB. The technology is in use by Kodiak, Dassault Systemes, Alfa Systems and the UAE Exchange. NuoDB was founded in the year 2008.
NuoDB is deserving of and has earned many accolades over it’s relatively short time as a company. It was deemed an innovation all star by Mass High Tech and The Boston Business Journal in 2012. Investors are quite interested in NuoDB as over the short time it has been in existence it has reached nearly sixty million dollars in accumulative funding. It received 14 million dollars alone from venture capital. Many rounds of funding has set the company up for financial success.
The patented technology may be a little difficult to understand if you’re not too familiar with tech lingo. In simple terms, it allows newly added servers to be added to cloud based applications in a efficient manner. There is no sharding meaning no errors occur in the process and information from servers is sent to the nodes without any interruption. It is often referred to as NewSQL and is SQL compliant. NuoDB is changing operations in the cloud.