Flybridge Capital is leading the investment with participation from GGV Capital, Grafana Labs CEO Raj Dutt, Mango Capital, Salesforce Ventures, Two Sigma Ventures, IBM, the Founder Collective, and Entrée Capital. As part of the round, David Aronoff of Flybridge, Raj Dutt of Grafana Labs, and Glenn Solomon of GGV Capital will join the board.

NetBox Labs helps companies build and manage complex networks. We help customers accelerate network automation by delivering open, composable products and supporting the network automation community. The company's NetBox Cloud product offers an enterprise-grade, SaaS version of open source NetBox - the world's most popular network source of truth. NetBox Labs is the commercial steward of NetBox and Orb, the next-generation open source network observability platform.