InfluxDB Cloud 2.0 offers a fully managed and hosted time series database, dashboarding, analytics, monitoring, and serverless Flux system in the cloud, designed to be multi-tenanted with free tier usage limits for beta testing purposes. The service allows users to collect data through Telegraf agents and send it to the cloud, with limitations on query throughput and data retention. InfluxDB 2.0 Cloud will scale up with user needs and offer usage-based pricing, eliminating the need for customers to size ahead of time what instances, storage, or memory they'll need. The service is expected to be regularly updated with new features, including flow control, recursive functions, and connectors to third-party APIs. Users can provide feedback on the service through Twitter or submitting a post to HN.