Observability platform Chronosphere raises another $115M at a $1.6B valuation

The market for cloud native observability tools remains hot. As with so many new technologies, containerization solved a fair number of problems but also introduced its share of new ones, including a lot of added complexity that is, in part, driven by the dynamic nature of this architecture. That’s both its strength and downfall, so it’s maybe no surprise that tools for monitoring these systems are so important — and well-funded.
Chronosphere, which had already raised $228 million, including a $200 million Series C round at a $1 billion valuation last year, today announced th

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