What is Circonus?
Circonus provides a sophisticated machine data intelligence platform engineered to process billions of metric streams in real time. This capability empowers enterprises to derive unprecedented business insights and value by effectively leveraging machine data at scale. The company is at the forefront of transforming how machine data is utilized across various applications, from critical operational analytics to the burgeoning field of IoT.
How much funding has Circonus raised?
Circonus has raised a total of $16.8M across 2 funding rounds:
Series A
$6.8M
Series B
$10M
Series A (2020): $6.8M with participation from Ben Franklin Technology Partners, Bull City Venture Partners, NewSpring Capital, and Osage Venture Partners
Series B (2021): $10M led by Osage Venture Partners, Bull City Venture Partners, NewSpring Capital, and Baird Capital
Key Investors in Circonus
Osage Venture Partners
Osage Venture Partners is a Philadelphia-based venture capital firm that specializes in investing in early-stage B2B software companies on the East Coast. The firm focuses on companies that are involved in the future of work and education, typically investing in post-revenue businesses with a revenue run rate between $500,000 and $3,000,000.
Bull City Venture Partners
Bull City Venture Partners (BCVP) is a venture capital firm based in Durham, NC, specializing in B2B software investments. The firm focuses on supporting early-stage software founders who are shaping the future of technology.
NewSpring Capital
NewSpring partners with companies in dynamic industries to catalyze new growth. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using through it's network of industry leaders.
What's next for Circonus?
The substantial enterprise-level backing and recent strategic investment position Circonus for accelerated expansion and product development. This capital infusion is expected to fuel advancements in its machine data intelligence platform, enabling it to handle even larger data volumes and provide deeper analytical capabilities. Circonus is poised to further solidify its market leadership, driving innovation in operational analytics and IoT applications through strategic enhancements and potential market penetration initiatives.
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