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Chronosphere’s Multi-Million Dollar Annual Recurring Revenues Saw 16x Growth. Puts the company on pace to be one of the fastest B2B SaaS companies to go from $1M to $50M in ARR.

As GeekWire reported Thursday, there are now 16 unicorn startups — privately-held companies valued at $1 billion or more — operating in the Seattle area. Even more interesting, nine of those unicorns — including Chronosphere — were minted in the past 12 months.

It’s tempting to dismiss observability as another overused buzzword. But this emerging discipline offers substantive, multi-faceted methods for enterprises to compete in a turbulent global economy.

Industry experts offer thoughtful, insightful, and often controversial predictions on how APM, AIOps, Observability, OpenTelemetry, and related technologies will evolve and impact business in 2022.

Query Builder Removes PromQL’s High Barrier of Entry, Enabling Engineers to Spend More Time Driving Value for Their Organizations

Chronosphere has reached unicorn status in less than three years. The company this week announced a $200 million Series C round, propelling its valuation past $1 billion. It comes nine months after the startup raised a $43 million Series B round.

Today a startup that’s built a scalable platform to manage that is announcing a big round of funding to continue its own scaling journey.

Chronosphere is the first observability platform that enables customers to capture, store and analyze every distributed trace, at scale, without being cost-prohibitive