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New Deal


Announced

Completed

General Atlantic led a $200m Series C round in Chronosphere.

Synopsis

General Atlantic led a $200m Series C round in Chronosphere, a provider of the leading observability platform for cloud-native, with participation from Addition, Greylock, Lux Capital and Founders Fund. "Chronosphere is purpose-built to address the needs of large modern cloud-native enterprises. Sitting at the intersection of the major trends transforming infrastructure software – the rise of open-source and the shift to containers – Chronosphere has quickly become a transformative player in observability. We’re excited by the team’s ambitious vision, with distributed tracing as yet another solution that differentiates Chronosphere as a next generation leader and paves the way for its continued growth," Anton Levy, General Atlantic Co-President, Managing Director and Global Head of Technology Investing.

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