Tech Company Financing Transactions
Chronosphere Funding Round
On 10/11/2021, Chronosphere raised $200 million in Series C funding from General Atlantic, Addition Capital and Founders Fund.
Transaction Overview
Company Name
Announced On
10/11/2021
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series C
Investors
General Atlantic (Lead Investor) (Anton Levy)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
510 W 52nd St. 16K
New York, NY 10019
USA
New York, NY 10019
USA
Phone
Website
Email Address
Overview
Having met at Microsoft almost a decade ago, Martin Mao and Rob Skillington reunited at Uber to help the company scale up its infrastructure. There, they experienced massive growth in the volume and complexity of monitoring data being produced and consumed. It became obvious that the open source and commercially available solutions could not keep up with the pace of growth, performance and cost.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/11/2021: Opal venture capital transaction
Next: 10/11/2021: Peak Nanosystems venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs