Enigma, a US-based big data analytics company, which provides a search and discovery platform for public data, has raised a $4.5m series A round of funding, led by Comcast Ventures, the corporate venturing division of US-based cable and telecommunications corporation Comcast, with participation from American Express Ventures, corporate venturing unit of credit card company American Express, venture capital firm Crosslink Capital and the US media company, the New York Times Company.
Prior to this latest round of funding, Enigma raised $850,000 in seed funding from TriplePoint Ventures, CrossLink Capital and angel investors, as well as secured partnerships with Harvard Business School, research firm Gerson Lehrman Group, and S&P Capital IQ.
Andrew Cleland, managing director at Comcast Ventures, said: “Leveraging public data requires an immense investment of time, effort, budget and expertise. We believe in the team’s strategy and mission, and look forward to working together with Enigma to help the company redefine the limits of public knowledge.”
said Rohit Bodas, Partner at American Express Ventures. ““Enigma has done a tremendous job building a robust infrastructure for the aggregation of public data. We’re excited to work with such an impressive team and help the company extend the platform to more industries.
Enigma launched in May 2013, and makes public data more accessible through a single interface that connects public records across various datasets.