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

Chronosphere

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

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

The company intends to use the funds to support continued innovation and go-to-market efforts for its platform.

Led by CEO Martin Mao, Chronosphere provides a cloud native observability platform that puts engineering organizations back in control. The solution is used at organizations like Robinhood, Snap, Obsidian Security, Zillow, Visa, Astronomer, DoorDash, and Abnormal Security, among others.

FinSMEs

11/01/2023