Monte Carlo raises $135M Series D at $1.6B price, showing that unicorn rounds are still a thing

Monte Carlo, a startup that sells data observability (data obs) software to other companies, announced this morning that it has closed a $135 million Series D at a valuation of $1.6 billion.
The round is an interesting echo of 2021‘s fundraising market, making our ears perk up when we caught wind of the capital event; how did a startup raise such a round in 2022, when the late-stage market is in the tank, valuations are under pressure, and growth more generally has lost some of its appeal as investors go after companies with greater profitability and cash flow stability?
The simple answe

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