Grafana Labs nabs $24M Series A for open source-based data analytics stack

Grafana Labs, the commercial company built to support the open source Grafana project, announced a healthy $24 million Series A investment today. Lightspeed Venture Partners led the round with participation from Lead Edge Capital.
Company CEO and co-founder Raj Dutt, says the startup started life as a way to offer a commercial layer on top of the open source Grafana tool, but it has expanded and now supports other projects including Loki, an open source monitoring tool, not unlike Prometheus, th