Kozio said today that it has closed its first round of funding for its business of making diagnostics for both hardware and software.

The Longmont, Colo.-based company did not disclosed the amount of the funding led by Boulder, Colo.-based Boulder Angels.

Kozio will use the money for startup expenses and to expand its marketing and engineering. The company has more than 50 customers for its software that is embedded in chip hardware for the purpose of testing and debugging. The company’s president is Joe Skazinski.