Chronosphere
Financials
Estimates*
USD | 2021 | 2022 |
---|---|---|
Revenues | 25.8m | 46.5m |
% growth | - | 80 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$11.0m | Series A | ||
$43.4m | Series B | ||
$200m Valuation: $1.0b | Series C | ||
* | $115m Valuation: $1.6b | Series C | |
* | N/A | Late VC | |
Total Funding | €336m |
Related Content
Recent News about Chronosphere
EditChronosphere.io is a startup that operates in the cloud-native and DevOps market, providing a solution for businesses to effectively monitor their infrastructure and applications. The company's primary offering is a platform that allows businesses to quickly detect, understand, and fix issues before they affect customers. This is achieved by cutting through the noise of data and focusing on the most critical information.
The company's target clients are businesses that have adopted cloud-native and DevOps practices but are still using legacy infrastructure and application monitoring tools. These businesses are not realizing the full benefits of their modern practices due to outdated monitoring tools. Chronosphere.io steps in to fill this gap, providing a modern solution that aligns with their practices.
Chronosphere.io operates on a business model that focuses on reducing the cost of observability, an area that is the second largest area of engineering spend. The company aims to provide a high return on investment by reducing the costs associated with observability and improving the bottom line of businesses.
The company makes money by offering its platform to businesses. The platform helps businesses reduce the number of on-call pages by up to 90%, allowing teams to focus on value-added tools instead of constantly dealing with issues in the observability platform. This not only reduces costs for businesses but also improves their efficiency and productivity.
Keywords: Cloud-native, DevOps, Infrastructure Monitoring, Application Monitoring, Observability, Cost Reduction, Efficiency, Productivity, Return on Investment, Value-Added Tools.