IOEKTA | Creative Unity

Amsterdam-based Elasticsearch secures $24M

Elasticsearch, the Amsterdam-based startup behind the popular real-time search and analytics open source project, today announced it has secured $24 million in Series B financing led by Mike Volpi from Index Ventures. The Series B round includes contributions from existing investor Benchmark Capital and new investor SV Angel. Elasticsearch also announced that it has passed the two million downloads milestone, indicating the overwhelming demand for a single data search and analytics solution that’s powerful, yet easy to use.

According to the young company, the funds will be used to improve its ability to meet and support the increase in customer demand for Elasticsearch by attracting top talent. Furthermore, Elasticsearch is now in the position to fully execute on its vision without compromise. Elasticsearch is one of the fastest-growing open source projects in the market, with approximately 200,000 downloads per month and a total of two million downloads

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