Open source software developer Grafana Labs raises $240m Series D led by GIC

Open source software developer Grafana Labs raises $240m Series D led by GIC

Photo: Reuters

Grafana Labs, the provider of open source technology for dashboards and visualisation, has announced a $240-million Series D round of investment led by Singapore sovereign wealth fund GIC, it said in a statement. New investor JP Morgan also joined the round.

Other existing investors – Sequoia Capital, Coatue, Lightspeed Venture Partners, and Lead Edge Capital – also participated in the round. Grafana’s Series D round comes just seven months after it completed its $220-million Series C fundraising.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter