Grafana Labs has secured $220 million in Series C funding to further enhance its open-source observability platform and support its community and customers. This funding follows previous rounds in 2019 and 2020 and aims to accelerate platform development. Grafana Labs has introduced a free tier of Grafana Cloud, offering extensive no-cost observability solutions, including metrics, logs, and traces, with the recent addition of 50GB of traces via the Grafana Tempo OSS project. The company has expanded its platform to include Loki for logging, Tempo for tracing, and integrations with over a hundred data sources, alongside the acquisition of k6 and Pace.dev to enhance developer experience. Grafana Labs began with a single open-source project, revolutionizing data visualization with user-friendly dashboards, and remains committed to open-source investment and delivering on user needs.