Recognition Showcases the Most Transformative Cloud Infrastructure Software Companies
NEW YORK – June 20, 2024
Chronosphere, the observability platform built for control, announces its recognition on the Redpoint InfraRed 100 for the second year. This prestigious list highlights the 100 up-and-coming private companies in Cloud Infrastructure, showcasing leaders set to revolutionize the market.
Redpoint Ventures, a top-tier venture capital firm with a diverse portfolio including companies such as Snowflake, Twilio, Looker, Nextdoor, Ramp, Stripe, Nubank, HashiCorp, Netflix, Hims, and more, launched this list in 2023 to highlight exceptional builders who are creating industry-transforming technologies and companies.
To commemorate this achievement, Chronosphere’s CEO, Martin Mao, joined Redpoint at Nasdaq with other InfraRed 100 leaders to discuss the evolving landscape of cloud infrastructure.
Leading brands across healthcare, fintech, transportation, and entertainment are increasingly turning to Chronosphere’s observability platform and telemetry pipeline solutions so they can focus on the data and insights that matter, remediate incidents faster, and optimize costs. Chronosphere empowers organizations to make faster, more informed decisions, minimize customer-impacting incidents, and ultimately drive superior business results.
“Chronosphere is revolutionizing the observability industry by putting control back into the developer’s hands so they can fix incidents faster and ensure the best customer experience possible,” said Mao. “Being recognized in the Redpoint InfraRed 100 alongside such innovative brands as databricks, OpenAI, and Stripe, is a testament to the hard work and dedication of our team, as well as to our customers who share our vision. This prestigious list highlights the top companies driving the next wave of cloud infrastructure innovation.”
For the complete list of companies included on this year’s InfraRed 100 and to read the full InfraRed industry report, click here.
About Chronosphere
Chronosphere is the observability solution built for control. With Chronosphere, customers cut through telemetry noise, focus on the data and insights that matter, and remediate faster. Our observability platform reduces data volumes and costs by up to 60% while saving developers thousands of hours. Our Fluent Bit-based telemetry pipeline collects, transforms, and routes data from any source to any destination, freeing customers from lock-in and helping developers quickly resolve issues. Chronosphere is trusted by the world’s most innovative brands, including Snap, Robinhood, DoorDash, and Zillow. For more information, visit https://chronosphere.io or follow Chronosphere on LinkedIn and X
About Redpoint Ventures
Redpoint has partnered with visionary founders to create new markets and redefine existing ones since 1999. We invest in startups across the seed, early and growth phases, and we’re proud to have backed over 578 companies—including Snowflake, Looker, Kustomer, Twilio, 2U, DraftKings, Duo Security, HashiCorp, Stripe, Guild, HomeAway, Heroku, Netflix, and Sonos—with 181 IPOs and M+A exits. Redpoint manages $7.2 billion across multiple funds. For more information visit: http://www.redpoint.com/
