Grafana Labs raises $270M

Posted under: Tech Move
Date: 2024-08-21
Grafana Labs raises $270M

Grafana Labs, the open-source company that probably powers at least a few operational dashboards in your company, today announced the completion of a primary and secondary transaction worth about $270 million, with the proceeds going to the company and some of its stockholders. In addition to this new funding event, Grafana also announced that it has now moved past $250 million in annual recurring revenue and has over 5,000 paying customers, up from 2,000 in 2022.

Read more at: techcrunch.com