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Enigma Technologies

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Enigma
Company typeTechnology
IndustryInternet, Financial Services, Financial Services
Founded2011
HeadquartersNew York, New York, USA
Key people
Marc DaCosta: Chairman, Co-Founder

Hicham Oudghiri: CEO, Co-Founder

Jeremy Bronfman: Advisor
Number of employees
>50
Websitewww.enigma.io

Enigma is a data warehouse website which provides an aggregated collection of public data from international government agencies, organizations, and businesses. Data can be accessed through Enigma's web-based user interface, which also provides a collection of data analytics tools, or from their web API. As of May 2016, users may register for a free rate-limited account to access the data for personal or academic use, while unfettered or commercial access is available for a monthly fee.[1] Enigma is operated by Enigma Technologies Inc., a technology startup headquartered in New York City.[2]

History

Enigma Technologies, Inc. was founded by Marc DaCosta (Chairman, co-founder) and Hicham Oudghiri (CEO, co-founder). The company currently has 63 employees and is headquartered in NYC's Silicon Alley.[2]

Enigma was launched at the three-day 2013 TechCrunch Disrupt Conference, and was the winner of the event's Startup Battlefield.[3][4] In February 2013 they announced a $1.1 million seed funding round backed by TriplePoint Capital and Crosslink Capital, among others.[5] This was augmented in early 2014 by a $4.5 million funding round which included additional investors The New York Times Company, Comcast Ventures, and American Express Ventures.[6][7]

In June 2013, the company announced a long-term beta testing partnership with Stanford University and Harvard University, granting full access to their students and academic communities.[8] In October 2013, the company was a finalist in the NYCEDC-sponsored "Take the HELM: Hire + Expand in Lower Manhattan" contest,[9] and in June 2014 they were selected as participants in the FinTech Innovation Lab program.[10][11]

In August 2014, Enigma announced that Jeremy Bronfman would step down as CEO and be replaced by Hicham Oudghiri.[12]

In June 2015, Enigma secured a $28.2 million Series B Funding round led by New Enterprise Associates (NEA) with participation from Two Sigma Ventures and New York City Investment Fund, as well as existing investors including American Express Ventures, Comcast Ventures and The New York Times Company.

Datasets

Enigma's data warehouse contains over 100,000 datasets from over 1,000 sources, including government agencies, organizations, and businesses.[4] Notable examples include bills of lading for all United-States-based shipments from the US Customs Service, the log of visitors to the White House, and campaign finance records.[1]

Data republished by Enigma are reusable (with attribution) for free by journalists, so it is occasionally used as a primary or corroborating source for analyses on everything from FBI aerial surveillance[13] to house fire incidents.[14]

Features

Enigma provides access to its datasets through a web-based graphical user interface and an API. Tools are provided in the interface for performing basic statistical analysis, such as finding the minimum, maximum or mean value of any numerical data column. For further analysis, users may either use the interface to export data to a CSV file or make HTTP requests to the provided API.[1] The company also produces interactive data visualizations which provide visual interfaces for particular individual datasets.[15][16]

On May 11, 2016, Enigma announced the launch of ParseKit, their proprietary software for ETL and data integration, which had been developed internally via dogfooding to acquire their public datasets.

References

  1. ^ a b c Singer, Natasha. "A Harvest of Company Details, All in One Basket", New York Times, March 15, 2014
  2. ^ a b "Enigma | About Us" Accessed July 21, 2014
  3. ^ Velazco, Chris. "And The Winner Of TechCrunch Disrupt NY 2013 Is… Enigma!", TechCrunch, Wednesday May 1, 2013
  4. ^ a b Dickey, Megan Rose. "This TechCrunch Disrupt Winner Could Be The Future Of Search", Business Insider, May 2, 2013
  5. ^ Lawler, Ryan. "Enigma.io Raises $1.1 Million To Structure The World Of Big Data", TechCrunch, February 27, 2013
  6. ^ Novet, Jordan. "Enigma reels in $4.5M to collect and organize loads of the world’s public data", VentureBeat, January 30, 2014
  7. ^ "Early Stage Investments - New York Times Company"
  8. ^ Marostica, Matt. "Enigma statistical data mining tool now available to Stanford community", Stanford University Libraries Blog, June 25, 2013
  9. ^ Weiss, Lois. "Helming Downtown", New York Post, October 22, 2013
  10. ^ "Six Entrepreneurs Showcase Cutting-Edge Financial Services Solutions at 2014 FinTech Innovation Lab Demo Day in New York", Partnership for New York City, June 26, 2014
  11. ^ Crosman, Penny. "Six Fintech Startups That Wowed Bankers", American Banker, July 1, 2014
  12. ^ "Hicham Oudghiri named Enigma CEO", Enigma Blog, August 26, 2014
  13. ^ Aldhous, Peter. "Spies in the Skies", "Buzzfeed", April 6, 2016
  14. ^ Swanstrom, Ryan. "Collaboration and Open Data Helping to Prevent House Fires", "Datakind", October 2, 2015
  15. ^ Hickey, Walter. "The Whole Government Shutdown In One Simple, Beautiful Chart", Business Insider, October 8, 2013
  16. ^ "U.S. Daily Temperature Anomalies 1964-2013", Accessed July 21, 2014

Further reading

  • "C-SUITE: Enigma CEO Jeremy Bronfman". February 3, 2014. AOL News.
  • DaCosta, Marc (June 5, 2014). "Rob Kalin, Founder of Etsy [and Marc DaCosta, co-founder of Enigma]". From Scratch (Interview). Interviewed by Jessica Harris. New York: NPR. {{cite interview}}: Unknown parameter |subjectlink= ignored (|subject-link= suggested) (help)
  • Velazco, Chris (April 30, 2013). "Enigma Makes Unearthing And Sifting Through Public Data A Breeze". Techcrunch. Accessed July 18, 2014.
  • Zimmerman, Ed (October 3, 2015). "The Enigma Of Running A Bicoastal Series B Venture Round". Forbes. Accessed October 3, 2015.