Circonus, a Philadelphia, PA-based provider of a machine data intelligence platform built to handle data in IT infrastructure and IoT deployments, raised $6.8m in Series A1 funding.

The round was led by Osage Venture Partners with participation from new investors Bull City Venture Partners, Ben Franklin Technology Partners, and NewSpring Capital.

The company intends to use the funds to continue expand adoption of its machine data intelligence platform across multiple industries.

Led by CEO Bob Moul and CTO and founder Theo Schlossnagle, Circonus provides an intelligence platform capable of handling billions of metric streams in real time and enable enterprises to collect, store and analyze all of their machine data.

Key features of the platform include:– Industry-leading ingestion rates– Unlimited scale and volume– Millisecond frequency– Accurate, real-time analytics– Ability to work with any technology– Unlimited retention and data accessFinSMEs21/01/2020 | To read full story, visit https://startuparound.com/read/1579626013.762272/Circonus-Raises-$6.8M-in-Series-A1-Funding?ref=audio_experience