Fulton, Maryland-based machine data intelligence company Circonus, which put serial entrepreneur Bob Moul at its head as CEO in 2019, announced Tuesday that it had raised a $6.8 million Series A1.
The round was lead by Bala Cynwyd, Pennsylvania-based Osage Partners, and included new investors Bull City Venture Partners out of Durham, North Carolina, and the Philadephia-based Ben Franklin Technology Partners. Also participating is Radnor, Pennsylvania-based NewSpring Capital, which lead Circonus’ Series A.
The company also announced that Moul had taken the CEO position, which Technical.ly reported last October. Moul’s move comes after past lives leading several local tech companies, including Cloudamize and Boomi, to exit.
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