Chronosphere's cloud-native monitoring product is now generally available. The new tool is designed to make it possible for users to store and retrieve monitoring data from cloud-native environments while also helping them control spending as their data grows.

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• Chronosphere's new tool is powered by the open-source metrics engine M3 that the company's founder built while working at Uber. 
• The product is also offered as a hosted service while still being 100% compatible with cloud-native standards like Prometheus, PromQL, and Grafana Dashboards. 
• The company announced it raised $43.4M in its Series B funding round. Previous investors Greylock, Lux Capital, and venture capitalist Lee Fixel participated in the round, as did General Atlantic.