Ontario Teachers’ Pension Plan led funding round in Grafana Labs.

Ontario Teachers’ Pension Plan, a global investment firm, led funding round in Grafana Labs, an open source software platform, with participation from Sapphire Ventures, which operates as a venture capital firm, Tiger Global, an investment firm, and existing investors Lightspeed Venture Partners, which operates as a venture capital firm, GIC, a sovereign wealth fund, Coatue, a global investment manager, Sequoia Capital, an American venture capital firm, CapitalG, a growth capital fund, and Lead Edge Capital, a growth equity firm. Financial terms were not disclosed. “This investment reflects the strong confidence our investors have in our vision for open, AI-powered observability,” Raj Dutt, Grafana Labs CEO and Co-Founder.