- Through the acquisition, Chronosphere will expand its platform with a pipeline that facilitates large-scale metric, log, and trace data gathering, transformation, and routing.
- Prior to being acquired, Calyptia had only raised USD five million in venture capital funding in March 2022.
Chronosphere Inc., a cloud-native observability firm, said it purchased Calyptia Inc. for an undisclosed sum.
Calyptia offers an enterprise platform that enables organizations to manage observability data at scale with instant insights into the operation of their apps. It was founded in 2020 by the founders of Fluent Ecosystem. The platform provides what the business refers to as “first-mile observability,” which enables it to gather and process data right at the source to deliver faster insights into system performance.
With most businesses operating in an era of distributed information technology systems with hundreds of edge and Internet of Things apps spread over public and private clouds, Calyptia contends that traditional approaches to observability are obsolete.
Through the acquisition, Chronosphere will expand its platform with a pipeline that facilitates large-scale metric, log, and trace data gathering, transformation, and routing. Along with Chronosphere’s server-side control plane, the new client-side features will also be available, enabling companies to manage expenses better, increase developer productivity, and do real-time log data analysis.
Martin Mao, Chief Executive and Co-founder of Chronosphere, said, “With observability data growing by orders of magnitude, companies are ill-equipped to manage the costs and scale of this deluge, forcing their teams to make trade-offs. With the addition of Calyptia’s leading observability pipeline solution, we’re taking an important step to ensure that developers have the ultimate control over all their observability data from end to end — including log files to control cost and improve developer productivity.”
Prior to being acquired, Calyptia had only raised USD five million in venture capital funding in March 2022. Among the investors were Carbide Ventures LLC and Sierra Ventures Inc.
The acquisition was disclosed a few days after Chronosphere debuted Logs, a new product that integrates Falcon LogScale from CrowdStrike Holdings Inc. into its cloud-native observability platform. Teams can deliver data ingestion at scale and do quick searches across petabytes of data using Logs, powered by CrowdStrike.
Chronosphere also disclosed that it had received funding from the CrowdStrike Falcon Fund as part of the Logs, powered by CrowdStrike announcement. The investment’s amount remained undisclosed.
In an interview, the Field Chief Technology Officer at Chronosphere, Ian Smith, discussed the company’s mission to assist businesses in using the “explosion of data” brought about by cloud computing and artificial intelligence.
As Smith pointed out in the interview, finding the correct provider is not enough when it comes to observing data from large language models and an increasingly complex cloud service architecture.
He said, “It’s a double-edged sword. Observability strategy no longer can be just tool selection. And so, there’s a lot of choice out there and I don’t think there are some hard and fast rules, but I think you really have to look at it through the lens of how does my tool selection feed into my observability strategy?”