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.
- 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.