Chronosphere announced the general availability of its monitoring product.
This release comes after a year in beta during which Chronosphere onboarded customers from emerging startups like Tecton to later stage startups, including one of the largest delivery app companies, to well-known global brands, including a multinational financial services company.
Chronosphere delivers scalable, reliable and customizable monitoring purpose-built for companies adopting cloud-native.
Chronosphere’s product is powered by the open source metrics engine M3 that Chronosphere founders Martin Mao, CEO, and Rob Skillington, CTO, developed while at Uber. There they experienced first-hand the complexity and scale required to monitor cloud-native workloads. They solved this by scaling M3 to one of the largest production monitoring systems in the world storing tens of billions of time series and analyzing billions of data points per second in real-time.
“Everyone understands the business benefits of cloud-native architecture but not many think about the implications,” said Mao. “For monitoring, you need a solution that is not only compatible with the rest of the ecosystem but one that can also handle all of the data produced by the ephemeral and complex nature of these new environments.”
Chronosphere not only allows customers to store and retrieve the massive amounts of monitoring data produced by cloud-native environments but it also does so with an order of magnitude more cost efficient than existing solutions. Additionally, Chronosphere lets customers understand and control their spending, even as the data continues to grow. This level of visibility and control is the first of its kind in an industry notorious for unexpected and uncontrollable bills. Chronosphere customers are able to end billing overages and reduce monitoring costs by up to 10 times.
Chronosphere’s monitoring product is provided as a hosted service, eliminating the need to manage monitoring infrastructure while maintaining 100% compatibility with cloud-native standards like Prometheus, PromQL and Grafana Dashboards. Customers can retain the vendor-neutral industry standards and tooling they have grown to love without worrying about the management overhead.
Chronosphere also announced $43.4 million in Series B funding, bringing the total raised to $55 million. This round was led by previous investors Greylock, Lux Capital and venture capitalist Lee Fixel with participation from new investor General Atlantic.
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