"This investment reflects the strong confidence our investors have in our vision for open, AI-powered observability," said Raj Dutt, CEO and Co-Founder of Grafana Labs.
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The financing includes a mix of secondary and primary capital, as TabaPay plans to acquire Transact Bank and support TabaPay's product roadmap.
The deal valued the San Francisco-based software company at $2.5 billion, with Accel and 01A participating alongside new investors Salesforce Ventures and S32.
Goldman Sachs Alternatives, Wells Fargo, and DocuSign joined the deal, which valued the AI company at $5.2 billion.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
The investment in the Colombian fintech comprised a mix of primary and secondary capital.
The Sydney-based firm launched in May as an AI-focused secondaries investor, targeting opportunities through GP-led and direct secondary transactions.
The transaction reportedly valued the ChatGPT maker at the same $852 billion mark achieved during its $122 billion March primary funding round.
The secondary share sale reportedly allows eligible employees to sell up to 25% of their vested shares in the wearable technology startup.
