NuoDB, a US-based distributed database technology company, announced at the end of February that it had raised $14.2m series B funding, including the participation of new investor Dassault Systèmes, a France-based company which makes 3D design software, together with existing investors Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners.
Total investment in NuoDB now comes to $26.2m.
“This investment demonstrates our strong interest and belief in NuoDB’s strategy and technologies for next generation cloud based services,” said Dominique Florack, senior executive vice-president, products-R&D, Dassault Systèmes. “NuoDB delivers a lot of the features required to address the market needs in terms of usages in the new world of experiences.”
“With Dassault Systèmes’ participation, I look forward to working with the leader in 3D design, PLM and 3D experience software to imagine and deliver the solutions of the future,” said Barry Morris, NuoDB CEO and co-founder.