Announced
Completed
Financials
Tags
Software
software development
observability platform
United States
Friendly
Single Bidder
Completed
Private
Acquisition
Private Equity
Venture Capital
Minority
Cross Border
Synopsis
GV and Geodesic Capital led a $115m Series C round in Chronosphere, the only cloud native observability platform that puts engineering organizations back in control by taming rampant data growth and cloud native complexity, with participation from Addition, Founders Fund, General Atlantic, Greylock, Glynn Capital, and Lux Capital. "In a cloud native world where businesses are looking for both efficiency and effectiveness, there's a dire need for organizations to get observability right. Chronosphere has cracked the code to tame the data deluge in complex environments and provides better tools that quickly sift through the most meaningful data for better customer experiences and business outcomes," Sangeen Zeb, GV Partner.
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