Enigma, a NYC-based data discovery and analytics company, secured $28.2m in Series B funding.
The round was led by New Enterprise Associates (NEA) with participation from Two Sigma Ventures and New York City Investment Fund, as well as existing investors American Express Ventures, Comcast Ventures and The New York Times Company.
The company intends to use the funds to build its core team and expand its enterprise offerings, the Abstract platform and Signals analytics engine.
Founded in 2011 by Marc DaCosta, chairman, Enigma provides users with the ability to search, discover and connect billions of unlinked public records from thousands of governments and organizations across the world.
The company offers: the Abstract platform and Signals analytics engine. Abstract enables all of an organization’s data silos to be unified in a single analytics platform. It can assemble and analyze an organization’s data across formats, systems, locations and business units.
Enigma’s Signals engine is a data service that can combine public and internal data in customized applications tailored to deliver key insights.