Monte Carlo: Raises $135M in Series D Funding

Monte Carlo Raises $135M in Series D Funding

• Monte Carlo, a San Francisco, CA-based data reliability company, raised $135M in Series B funding
• The round was led by IVP, with participation from Accel, GGV Capital, Redpoint Ventures, ICONIQ Growth, Salesforce Ventures, and GIC Singapore
• The company intends to use the funds to continue improving experiences for its hundreds of customers, scale the data observability category to new verticals
• Over the past 20 months, MonteCarlo has grown from 20 to 120 people and raised four rounds of funding
• Over the past six months, the company has brought on new customers, including JetBlue, Affirm, CNN, MasterClass, Auth0, and SoFi