How much funding has Chronosphere raised?

Chronosphere has raised $369.4M in total funding. Their latest funding round was Series C. Key investors include Greylock Partners, Lux Capital, General Atlantic, Addition, Founders Fund, GV (Google Ventures).

Where is Chronosphere headquartered?

Chronosphere is headquartered in New York, USA. The company has a team of 300-500 people.

When was Chronosphere founded?

Chronosphere was founded in 2019. It is based in New York, USA.

Who is the CEO of Chronosphere?

Martin Mao is the CEO of Chronosphere. The company was founded in 2019.

Where is Chronosphere located?

Chronosphere is headquartered in New York, USA.

What funding stage is Chronosphere at?

Chronosphere is currently at the Acquired stage.

How many employees does Chronosphere have?

Chronosphere has approximately 300-500 employees.

Chronosphere

Category: AI Developer Tools

A cloud-native observability platform purpose-built for Kubernetes and microservices that enables enterprises to manage massive telemetry data volumes with high performance and cost-efficiency. Chronosphere was founded in 2019. The company is led by Martin Mao. Based in New York, USA. Team size: 300-500. Total funding raised: $369.4M. Latest round: Series C. Key investors include Greylock Partners, Lux Capital, General Atlantic, Addition, Founders Fund, GV (Google Ventures).

AMW Analysis

Chronosphere operates a cloud-native observability platform built for Kubernetes and microservices environments, aimed at helping enterprises manage large telemetry data volumes while controlling cost and improving mean time to repair. Founded in 2019 and based in New York, the company raised a total of $369.4M through a Series C round backed by investors including Greylock Partners, Lux Capital, General Atlantic, Addition, Founders Fund, and GV. Its core value proposition centers on a telemetry control plane that reduces observability data volume and costs by up to 60% by eliminating redundant "data tax" and noise.

Recent news flow shows Chronosphere expanding its product with AI-Guided Troubleshooting, using a Temporal Knowledge Graph to provide root-cause explanations within the observability market, positioned against competitors focused on basic outage detection. This product direction culminated in an acquisition: Palo Alto Networks finalized a $3.35 billion purchase of Chronosphere, integrating its observability technology into the Cortex AgentiX platform. The stated rationale for the deal centers on using Chronosphere's telemetry pipelines to reduce data volumes and support AI-driven automation, including a stated goal of enabling autonomous security operations centers.

AMW analysis, generated from 2 tracked news signals.

Founded: 2019
Headquarters: New York, USA
Team size: 300-500
Total funding: $369.4M

Value proposition

Reduces observability data volume and costs by up to 60% while improving mean time to repair (MTTR) by providing a unique telemetry control plane that eliminates 'data tax' and noise.

Products and solutions

Chronosphere Observability Platform (Metrics & Tracing), Chronosphere Telemetry Pipeline (powered by Calyptia acquisition), Telemetry Control Plane, Query Builder & Advanced Analytics, M3 (Open-source high-scale metrics engine)

Unique value

The only observability platform featuring a dedicated 'Control Plane' that allows teams to analyze, transform, and aggregate data in real-time before it is stored or indexed.

Target customer

Large-scale digital-native enterprises, SRE and DevOps teams, and organizations managing complex, high-cardinality microservices architectures (e.g., DoorDash, Snap, Robinhood).

Industries served

Technology & SaaS, Financial Services & Fintech, E-commerce & Retail, Healthcare, Gaming & Media

Technology advantage

Built on the M3 open-source engine (originally created at Uber) to handle massive scale that legacy tools struggle with; provides a 'Live Traffic' view to optimize data ingestion and prevent cost overruns.

How they differentiate

Features a unique Telemetry Control Plane that allows teams to analyze, transform, and drop data before ingestion to reduce 'data tax' and costs by up to 60%.

Main competitors

Datadog, Grafana Labs, New Relic, Splunk

Key partnerships

Google Cloud (Strategic GTM partner), Amazon Web Services (AWS ISV Accelerate Program), CrowdStrike (Security and observability integration), Snowflake, PagerDuty

Notable customers

Snap, DoorDash, Robinhood, Zillow, Visa, Abnormal Security

Major milestones

Founded in 2019 by creators of the M3 open-source metrics engine at Uber, Achieved Unicorn status with a $1.1B valuation in October 2021, Acquired Calyptia (creators of Fluent Bit) in January 2024 to expand telemetry pipeline capabilities, Acquired by Palo Alto Networks in May 2024 for $3.35 billion to anchor their observability business unit

Growth metrics

Reached $160M+ in Annual Recurring Revenue (ARR) with over 3x year-over-year growth prior to acquisition.

Market positioning

Premium observability leader for high-scale, digital-native enterprises and Kubernetes environments.

Geographic focus

North America and EMEA (Europe, Middle East, and Africa)

Patents and IP

Holds proprietary IP and patents related to distributed time-series data storage, telemetry data aggregation, and efficient query processing in cloud-native environments.

About Martin Mao

Martin Mao is the Co-founder and former CEO of Chronosphere, currently serving as SVP and GM of Observability at Palo Alto Networks following the company's acquisition. Prior to founding Chronosphere in 2019, he was an Engineering Manager at Uber, where he led the development of M3, a massive-scale open-source metrics platform. His earlier career includes significant roles as a Technical Lead at Amazon Web Services (AWS) on the EC2 team, and engineering positions at Microsoft and Google.

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Official website: https://chronosphere.io