Algolia Closes $1.2M Seed Funding

algoliaAlgolia, a San Francisco, CA- and Paris, France-based hosted search-as-a-service provider, closed a $1.2m seed funding round.

The round, which brought the total amount raised to $2.8m, was led by Storm Ventures with participation from angels. In addition, the company added Chrisoph Janz of Point Nine Capital to the Board.

Founded in 2012 by Nicolas Dessaigne, CEO, Algolia is a search-as-a-service provider that delivers a complete API for real-time search including an integrated dashboard that allows developers to deliver instant search results on both mobile and web applications. Algolia also enables developers to configure relevance with business metrics.

Publicly launched in 2013, the company has added hundreds of customers in more than 30 countries.

A recent Y Combinator graduate, Algolia initially raised $1.6m from 500 Startups, Alven Capital, Index Ventures and Point Nine Capital (read here).

FinSMEs

19/06/2014

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