Grafana Labs Raises $270M, Valuation Hits $6B

Grafana Labs, an IT infrastructure monitoring startup known for its Grafana visualization tools, has raised $270 million in a funding round, bringing its valuation to over $6 billion. This marks a significant increase from its $3 billion valuation in 2022. The company has surpassed $250 million in annual recurring revenue (ARR), driven by new growth milestones. The funding will be used to expand its AI and machine learning capabilities in the observability sector. Co-founders @nopzor, @torkelo, and Anthony Woods have played a key role in achieving these milestones.