FAILDEX失樂園
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Circonus

The business, the turning points, and the decisions behind them.

Event year2024
FundingUS$16.8M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Circonus was an observability pioneer specializing in monitoring and analytics solutions for enterprises with vast quantities of telemetry data. Its two flagship products were IRONdb — a high-cardinality time series database engineered to handle more than 1 billion unique metric streams, addressing key challenges data teams face with typical time series databases — and Passport, an observability solution for fleet management of all telemetry data collectors, with centralized visibility into agent inventory and management of telemetry elasticity at the edge. Having raised about $16.8 million, the company was acquired in February 2024 by Apica, the Swedish data-management and active-observability provider, which integrated IRONdb and Passport into its Ascent Platform; six Circonus employees joined Apica through the deal.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Full-stack observability

    Positioned as an all-in-one performance monitoring and observability platform for the modern enterprise; customers included Redfin; introduced 'Zero-Gravity Data Technology' for edge computing and 5G telemetry challenges.

  2. Executive build-out

    Bolstered its executive team with new CMO/head of strategy, VP of sales and VP of customer success, while building its full-stack monitoring and analytics platform.

  3. Acquired by Apica

    In February 2024 Apica announced its acquisition of Circonus (its second acquisition in six months, following LOGIQ.AI), integrating IRONdb and Passport into the Apica Ascent Platform; six employees joined Apica. Announced alongside a new funding round led by Riverside Acceleration Capital.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.