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  6. Grafana Labs Acquires Asserts.ai

M&A Deal Summary

Grafana Labs Acquires Asserts.ai

On November 14, 2023, Grafana Labs acquired business services company Asserts.ai

Acquisition Highlights
  • This is Grafana Labs’ 1st transaction in the Business Services sector.
  • This is Grafana Labs’ 1st transaction in the United States.
  • This is Grafana Labs’ 1st transaction in California.

M&A Deal Summary
Date 2023-11-14
Target Asserts.ai
Sector Business Services
Buyer(s) Grafana Labs
Deal Type Add-on Acquisition

Target

Asserts.ai

San Ramon, California, United States
Asserts.ai provides insights into relationships over time among various system components, enabling users to better understand and navigate their applications and infrastructure. It serves as a contextual layer for Prometheus metrics and provides an opinionated set of alerts and dashboards so that users can more efficiently perform root cause analysis and resolve issues more quickly. Asserts.ai is based in San Ramon, California.

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Buyer(S) 1

Buyer

Grafana Labs

New York City, New York, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Grafana is a provider of cloud monitoring, analytics, and data visualization solutions. The company provides an open source and an enterprise layer, both of which can be integrated with dozens of vendors allowing customers to build custom dashboards. Grafana Labs is based in New York City, New York.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-17 k6

Stockholm, Sweden

k6 is a Stockholm-based startup behind the open-source load testing tool for engineering teams. k6 helps monitor and connecting logs, metrics, and traces to each other to quickly diagnose performance issues before they impact customers. k6 is based in Stockholm, Sweden.

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