Grafana Labs, a New York-based the company behind the world’s most ubiquitous open and composable operational dashboards, closed a $240 million Series D round of investment, raised a total of $540 million, including its $220 million Series C last August 

The round was led by GIC, with participation from new investor J.P. Morgan and existing investors Sequoia Capital, Coatue, Lightspeed Venture Partners, and Lead Edge Capital.

This latest round of funding will reinforce Grafana Labs' commitment to the continual release of impactful open-source software and bringing new capabilities to market. 

Company: Raintank Inc.

Raised: $240.0M

Round: Series D

Funding Month: April 2022

Lead Investors: GIC

Additional Investors: J.P. Morgan, Sequoia Capital, Coatue, Lightspeed Venture Partners, and Lead Edge Capital

Company Website: https://grafana.com/

Software Category: Analytics and visualization platform

About the Company: Grafana Labs is a leading open source technology for dashboards and visualization that provides open and composable monitoring and observability stack built around Grafana. There are more than 2,000 Grafana Labs customers including Bloomberg, eBay, PayPal, Sony, and more than 900,000 active installations of Grafana around the globe. Grafana Labs helps companies manage their observability strategies with full-stack offerings that can be run fully managed with Grafana Cloud, or self-managed with Grafana Enterprise Stack, both featuring extensive enterprise data source plugins, dashboard management, alerting, reporting and security, scalable metrics (Grafana Mimir), logs (Grafana Loki), and traces (Grafana Tempo). 

Source: https://grafana.com/about/press/2022/04/06/grafana-labs-announces-240-million-investment-round-led-by-gic-and-welcomes-new-investor-j.p.-morgan/