Aug 25, 2021 19:00:00

Data visualization tool 'Grafana' developer succeeds in raising 24 billion yen

Grafana Labs, which develops the data visualization tool ' Grafana ', has successfully raised $ 220 million (about 24 billion yen). Grafana Labs says it will use the funds raised to expand its services.

Grafana Labs Raises $ 220M to Accelerate Global Adoption and Development of Open Source Visualization and Observability Platform | Grafana Labs
https://grafana.com/about/press/2021-08-23-grafana-labs-raises-220m-to-accelerate-global-adoption-and-development-of-open-source-visualization-and-observability- platform /

How we're supporting the success of our community and customers with our recent funding rounds | Grafana Labs
https://grafana.com/blog/2021/08/24/how-were-supporting-the-success-of-our-community-and-customers-with-our-recent-funding-rounds/

Developed by Grafana Labs, Grafana is a web application that graphically displays various data, and is used in various situations such as alive monitoring of web servers and dashboards of smart homes. In addition, Grafana Labs has more than 1,500 customers including Bloomberg, JP Morgan Chase, eBay, PayPal, Sony, and is used in more than 750,000 projects around the world, and has gained a wide share. matter.

Grafana Labs has successfully raised $ 24 million in 2019 and $ 50 million in 2020. And on Tuesday, August 24, 2021, it announced that it had raised a total of $ 220 million from

multiple venture capital firms, including Sequoia Capital. 'This funding will allow us to focus on accelerating the development of open source observable platforms and supporting the success of our communities and users,' said Raj Dutt, CEO of Grafana Labs.

In addition, Dat cites the opening of a 50GB trace to free users of Grafana Cloud as an example of what could be achieved with funding.

'Recently, we've added load testing tool k6 and tool developer Pace.dev to our team, and we're waiting to show users what we're building together,' Dat said. I can't finish it, 'he said, and there are high expectations for the future development of Grafana Labs.