How Much Did Chronosphere Raise? Headquarters, Funding & Key Investors

Founded in 2019, Chronosphere is a fast-growing observability platform provider that has raised $369 million to date, reaching a $1.6 billion valuation as of January 2023. Backed by top investors including Greylock, General Atlantic, and Lux Capital, Chronosphere’s largest round was a $173 million Series C in 2021, followed by a $115 million extension in 2023. The New York-based company empowers enterprises like DoorDash, Snap, and Zillow with advanced monitoring for modern, cloud-native environments, helping teams detect incidents faster, optimize costs, and maintain reliability at scale.

How Much Did Chronosphere Raise? Funding & Key Investors

Chronosphere provides a cloud-based observability and monitoring platform designed to help engineering teams manage the complexity of distributed systems. Founded in 2019 by Martin Mao and Rob Skillington, the company is headquartered in Issaquah, United States, with a rapidly expanding workforce of about 230 employees.

Built for modern cloud-native architectures, Chronosphere enables organizations to monitor containers, VMs, servers, and applications in real time.

What Is Chronosphere and What Does It Do?

Chronosphere, founded in 2019 by Martin Mao and Rob Skillington, is based in Issaquah, United States, with a growing team of around 230 employees.

Chronosphere delivers a SaaS-based cloud-native observability platform that offers infrastructure and business monitoring at scale. Its platform empowers DevOps and SRE teams to identify performance bottlenecks, visualize telemetry data, and optimize reliability across hybrid and multi-cloud environments.

Chronosphere integrates open-source technologies, such as Prometheus and M3, providing flexibility and efficiency for enterprises managing massive data volumes.

How Much Funding Has Medable Raised?

Series A

Amount Raised: $11.1 Million
Date: November 2019
Lead Investors: Greylock
Motivation: To develop and launch its cloud-native observability platform.

Series B

Amount Raised: $43.4 Million
Date: January 2021
Lead Investors: Greylock, Lee Fixel, Lux Capital
Motivation: To scale operations and enhance platform capabilities.

Series C

Amount Raised: $173 Million
Date: October 2021
Lead Investors: General Atlantic
Motivation: To expand market reach and accelerate product development.

Series C Extension

Amount Raised: $115 Million
Date: January 2023
Lead Investors: General Atlantic
Motivation: To drive innovation and strengthen go-to-market efforts.

Total Funding Raised: $369 Million

Current Valuation: $1.6 Billion (as of Jan 2023)

Latest Funding Date: January 2023

Key Investors

Greylock

Details: A leading venture capital firm renowned for backing transformative technology companies.
Investment Focus Areas: Enterprise software, cloud computing, cybersecurity.
Notable Investments: Facebook, LinkedIn, Airbnb.

General Atlantic

Details: A global growth equity firm that partners with visionary companies to scale globally.
Investment Focus Areas: Technology, consumer, financial services, healthcare.
Notable Investments: Airbnb, Alibaba, Uber.

Lux Capital

Details: Invests in bold science and deep-tech ventures transforming industries.
Investment Focus Areas: Emerging science, technology, and advanced engineering.
Notable Investments: Auris Health, Zoox, Shapeways.

Lee Fixel (Addition)

Details: Founder of Addition, known for early investments in high-growth global technology firms.
Investment Focus Areas: Technology and consumer sectors.
Notable Investments: Peloton, Flipkart, SurveyMonkey.

CrowdStrike Falcon Fund

Details: The venture arm of CrowdStrike, investing in next-gen cybersecurity and cloud solutions.
Investment Focus Areas: Cybersecurity, cloud-native technologies, enterprise software.
Notable Investments: Beyond Identity, Corelight, Abnormal Security.

Where Is Chronosphere’s Headquarters?

Chronosphere is headquartered in Issaquah, United States, with operational centers in New York and remote hubs worldwide. Being located near the Seattle-tech corridor offers proximity to top cloud infrastructure talent and partners, enhancing collaboration with enterprises and open-source communities.

What’s Next for Chronosphere?

Chronosphere is positioned to capture the growing demand for cloud-native observability solutions as enterprises modernize infrastructure. Following its $115 million Series C extension, the company plans to deepen AI-driven analytics, improve cost-optimization tools, and expand its global footprint.

As the observability market is projected to surpass $20 billion by 2028, Chronosphere aims to disrupt legacy tools, deliver unmatched scalability, and maintain its leadership in the open-source monitoring ecosystem.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Chronosphere. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.