Grafana Labs Raises $50M in Series B Funding

Grafana

Grafana Labs, a NYC-based provider of an open source software for monitoring and metric analytics and visualization, raised $50m in Series B funding.

The round was led by Lightspeed Venture Partners, with participation from Lead Edge Capital.

The company intends to use the funds to accelerate its product roadmap in key areas across its open and composable observability platform.

Led by Raj Dutt, co-founder and CEO, Grafana Labs supports organizations’ monitoring, visualization and observability goals through an open and composable platform built around Grafana, the open source software for beautiful monitoring and metric analytics and visualization. There are now more than 550,000 active installations of Grafana. Grafana Labs’ commercial products include Grafana Enterprise, with key features and support for large organizations, and Grafana Cloud, a hosted Grafana-based stack that includes Prometheus and Graphite (for metrics) and Loki (for logs). Today, more than 1,000 customers—including Bloomberg, eBay, PayPal, and Sony—currently use Grafana Labs.

The company, which has over 170 employees in 20 countries, is also announcing the Grafana Accelerator Program (GAP) to nurture early stage companies and side projects that are innovating in the wider Grafana ecosystem. GAP will provide free Grafana Cloud and Grafana Enterprise subscriptions, cash grants, equity financing, and inside access to the core Grafana Labs developers.

FinSMEs

17/08/2020

Join the discussion