Grafana Labs, the company behind the popular Grafana visualization tools (and other open-source projects like the Prometheus monitoring system), today announced that it has raised a $240 million Series D round. The round was led by GIC, Singapore’s sovereign wealth fund, with participation from new investor J.P. Morgan and existing investors Sequoia Capital, Coatue, Lightspeed Venture Partners and Lead Edge Capital.

The new investment values Grafana Labs at $3 billion (for crypto fans, that’s more than 60,500 BTC as of August 23 at 22:00 UTC), more than ten times the valuation of the Series A round just two years ago. About Grafana Labs Grafana Labs provides an open and composable monitoring and observability stack built around Grafana, the leading open source technology for dashboards and visualization.

Grafana Labs Raises $240M Series D

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