Press Release

Grafana Labs Closes $240 Million Series D

April 7, 2022

Palo Alto – April 7, 2022 – Cooley advised Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, on the closing of its $240 million Series D funding round. Lawyers Kevin Rooney, Mary Wilbourn, Rachel Lydon and Will Siroky led the Cooley team advising Grafana Labs.

The funding round was led by GIC, Singapore’s sovereign wealth fund, with participation from new investor JP Morgan, as well as existing investors Sequoia Capital, Coatue, Lightspeed Venture Partners and Lead Edge Capital.

“Our plans are simple: aggressively deliver on our product roadmap and our commitment to embracing the big tent – enabling our users to compose and visualize data from any source – while continuing to build out modern observability capabilities across metrics, logs, tracing and more,” Raj Dutt, co-founder and CEO of Grafana Labs, said in a press release.

Cooley previously advised Grafana Labs on its Series C funding round, which brought the company’s valuation to $3 billion.

Grafana Labs provides an open and composable monitoring and observability stack built around Grafana, a leading open-source technology for dashboards and visualization. It helps companies manage their observability strategies with full-stack offerings that can be fully managed with Grafana Cloud or self-managed with Grafana Enterprise Stack, both of which feature extensive enterprise data source plugins, dashboard management, alerting, reporting and security, scalable metrics, logs, and tracing. There are more than 2,000 Grafana Labs customers and 900,000+ active installations of Grafana around the globe.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.