ARLINGTON, VA – FortiusOne, a developer of web tools that transform large amounts of data into visual formats, has named Frank Moyer new CEO.

Previously, Moyer was CEO of EzGov until CACI acquired the firm in 2009.

The company raised $4.9 million of a targeted $5.9 million offering in July, according to a filing with the US Securities and Exchange Commission.

It  raised a $5.45 million B round from Walker’s Invetement Fund II, SBIC, Spero’s New Market’s Growth Fund, Chart Venture Partners and In-Q-Tel and Frank Bonsal, a New Enterprise Associates founding partner.

Founded in 2005, the company set out to change the way organizations visualize and analyze data for real-time problem solving.

The company says devastating worldwide events such as the London bombings and Hurricane Katrina proved that legacy data analysis tools and techniques which used dated, static location information were no longer effective means for data sharing, risk mitigation or crisis response.

So, the company says, it  launched GeoIQ, the first completely web-based location analysis platform, with the capability to unleash a world of dynamic location information that had previously been locked in proprietary databases.

Fortius One was one of TechJournal South’s Tech 50 companies to watch in 2008.

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

© 2010, TechJournal South. All rights reserved.

Tags: Arlington, data visualization, FortiusOne, Frank Moyer, IT, Virginia