Enterprise And Open Source Data Search And Analytics Startup Elasticsearch
Rohit Khare stashed this in Startups
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.