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Enterprise And Open Source Data Search And Analytics Startup Elasticsearch

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Elasticsearch, a real-time, enterprise data search and analytics startup and open source project, has raised $24 million in Series B financing led by Mike Volpi from Index Ventures. The round includes contributions from existing investor Benchmark Capital and new investor SV Angel. This brings the company’s total funding to over $34 million.

Elasticsearch, which is based in Amsterdam, helps companies extract information from their large distributed volumes of structured and unstructured data. The organization wants to provide a simple way to analyze petabytes of information to deliver information that businesses require to make real-time, intelligent and actionable decisions.

The company also provides enterprise-grade technical production support, development support, consulting and training for enterprises, systems integrators and software vendors worldwide.

The technology was created by co-founder and CTO Shay Banon, who released an open source product in 2009 that has already been downloaded 1.5 million times, including a current rate of 200,000/month, making it one of the top open source projects in the world. Foursquare is a user . Foursquare says that it handles tens of millions of searches across 50 million locations each day and Elasticsearch returns real-time results.

Elasticsearch is what we use for PandaWhale search.

It is excellent.

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