Data discovery and analytics provider Engima has received $28.2 million in Series B funding. New Enterprise Associates led the round with participation from Two Sigma Ventures, New York City Investment Fund, American Express Ventures, Comcast Ventures and The New York Times Company.
Founded in 2011, Enigma is known for providing users the ability to search, discover and connect billions of previously unlinked public records from thousands of governments and organizations across the world. With a turn to the enterprise market, Enigma brings its unique corpus of public data to bear on the problems and operational challenges facing the Fortune 500. This funding will help Enigma build its core team with talented, data-driven professionals, and aid in the expansion of Enigma’s enterprise offerings, the Abstract platform and Signals analytics engine. “Enigma was created out of a realization that there is a massive amount of hidden knowledge that is locked away in various data silos and legacy systems — when people have the tools to make sense of it, data can drive significant and impactful change,”