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§ Private Profile · Frederick, MD, USA
Software company providing a cloud operating system for businesses, enabling infrastructure state declaration, access policies, and AWS migration.
Fugue is a Frederick, Maryland-based software company that provides a cloud operating system enabling businesses to declare desired infrastructure states, set access policies, and migrate datacenter workloads to platforms like AWS. The venture-backed enterprise focuses on cloud infrastructure management and DevOps tools designed to optimize cloud usage, operational speed, and cost savings for corporate clients. The organization has raised $34 million in total funding, which includes a $20 million Series C round led by New Enterprise Associates alongside participation from prior investor Core Capital. Prior to this, the firm secured a $600,000 investment from the InvestMaryland fund, and it later appointed enterprise software executive Phillip Merrick as its chief executive officer to scale commercial operations across its four domestic offices. Fugue was originally founded under the corporate name Luminal in 2013 by Josh Stella.
Fugue has raised $71.0M across 3 funding rounds.
Fugue has raised $71.0M in total across 3 funding rounds.
Fugue has raised $71.0M across 3 funding rounds. Most recently, it raised $41.0M Series D in January 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 5, 2017 | $41M Series D | RON Bernal | Future Fund, Maryland Venture Fund | Announced |
| Jan 14, 2016 | $20M Series C | NEW Enterprise Associates | Core Capital | Announced |
| Aug 14, 2014 | $10M Series B | NEW Enterprise Associates | Core Capital Partners, Maryland Venture Fund | Announced |
Fugue has raised $71.0M in total across 3 funding rounds.
Fugue's investors include Ron Bernal, Future Fund, Maryland Venture Fund, New Enterprise Associates, Core Capital, Core Capital Partners.