Chronosphere Raises Additional $115M in Series C Funding at $1.6 Billion Valuation

Chronosphere, a New York-based supplier of a cloud native observability platform, raised extra $115M in Series C funding.

The spherical was led by GV and Geodesic Capital, with participation from Addition, Founders Fund, General Atlantic, Greylock, Glynn Capital, and Lux Capital. This introduced Chronosphere’s whole funding to $343m, and valuation to $1.6 billion.

The firm intends to make use of the funds to help continued innovation and go-to-market efforts for its platform.

Led by CEO Martin Mao, Chronosphere supplies a cloud native observability platform that places engineering organizations again in management. The answer is used at organizations like Robinhood, Snap, Obsidian Security, Zillow, Visa, Astronomer, DoorDash, and Abnormal Security, amongst others.

FinSMEs

11/01/2023

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