Enigma, a New York City-based search and discovery platform for public data, raised a $4.5m in Series A funding.
The round was led by Comcast Ventures, with participation from American Express Ventures, Crosslink Capital and the New York Times Company. Enigma had previsouly raised $850k from TriplePoint Ventures, CrossLink Capital and other angel investors.
Launched by CEO Jeremy Bronfman, and co-founders Marc DaCosta and Hicham Oudghiri in May 2013, Enigma provides a search and discovery platform that makes public data accessible through a single interface and API connecting billions of records (import bills of lading, real estate assessments, FCC licenses, SEC filings, government spending contracts, etc.) across previously disconnected datasets created by governments, companies, and institutions each year.
At launch, the company targeted financial institutions, news media, academia and professional services as its primary customer groups given their reliance on data and information.
Enigma is currently available as a subscription service and as an API for big data analytics.
28/02/2013: Enigma Raises $1.1M in Seed Funding