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

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

• 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 Chrono sphere’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
• The company 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