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Comcast VC Leads Enigma’s $4.5M 'A' Round

Big Data Startup Has Built Way To Locate Content From Array Of Public Data Sources 1/31/2014 3:12 PM Eastern

Comcast Ventures has led a $4.5 million “A” round of funding in Enigma, a startup that has developed a silo-breaking infrastructure that enables its customers to find and discover public data from a broad array of sources and formats that have historically been disconnected.

The company said its platform allows users to navigate and connect to billions of public records and petabytes of data from governments, corporations, and other institutions.

Enigma’s platform follows a subscription model: a $195 per month plan for researchers, $395 per month for developers and data scientists, and separate pricing for enterprise-level customers. Enigma also offers a free 30-day trial.

“Leveraging public data requires an immense investment of time, effort, budget and expertise,” said Andrew Cleland, Managing Director at Comcast Ventures, in a statement. We believe in the team’s strategy and mission, and look forward to working together with Enigma to help the company redefine public knowledge.”

American Express Ventures, Crosslink Capital and the New York Times Company also participated in the round. Enigma, a New York-based company founded in 2013, has also raised a $850,000 seed round from CrossLink Capital, TriplePoint Ventures, “numerous angel investors. Partners include Harvard Business School, Gerson Lehrman Group, and S&P Capital IQ.

 

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