NEW YORK, NY, Grafana Labs, the company behind the world's most ubiquitous, open, and composable operational dashboards, announced the successful completion of a primary and secondary transaction totaling approximately $270 million in proceeds to the company and certain of its stockholders, along with several growth milestones that solidify its position as a leader in the observability industry.

The transaction, which was an extension of its Series D financing at a valuation of over $6 billion, was led by existing investor Lightspeed Venture Partners, with participation from all existing institutional investors, including GIC, Sequoia Capital, Coatue, Lead Edge Capital, J.P. Morgan and K5 Global. Additionally, Alphabet's independent growth fund, CapitalG, joined as a new investor.