Datanomic is a UK-based startup founded in 2001, operating in the Big Data and Enterprise Software industries. The company was acquired by Oracle on May 5, 2011, signifying its value in the data management sector. The acquisition aimed to leverage Datanomic's technology with Oracle Product Data Quality to provide a comprehensive data quality solution, reducing operational costs and complexities for managing data across various businesses. Furthermore, the integration was anticipated to enhance customer data screening for risk and regulatory compliance. Datanomic had previously attracted a $3.50M Venture Round investment on 10 March 2008 from notable investors including DN Capital, 3i Group, and Silicon Valley Bank. This backing indicated investor confidence in the startup's potential and underscored the significance of Datanomic's technology in the data management and enterprise software space. In conclusion, Datanomic's successful acquisition by Oracle and the backing from prominent investors suggest its promising trajectory in addressing the evolving needs of businesses for robust data management and compliance solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $3.50M | 3 | Silicon Valley Bank | 10 Mar 2008 |
Venture Round | $6.30M | 2 | 20 Dec 2006 | |
Series D | Unknown | 1 | 01 Oct 2006 | |
Series C | Unknown | 1 | 01 May 2006 | |
Series B | £2.50M | 2 | 02 Mar 2005 |
No recent news or press coverage available for Datanomic.