Algolia, a San Francisco, CA-based search and discovery solution, raised $110m in Series C funding.
The round was led by existing investor Accel, with participation from Salesforce Ventures, Alven, DAG Ventures, Founders Circle, Owl Rock Capital, SaaStr Fund, and World Innovation Lab. In conjunction with the funding, Accel’s Niparko joined Algolia’s board of directors.
The company intends to use the funds to further global expansion across the U.S., Europe and Asia-Pacific, and evolve its Search-as-a-Service platform, focusing on personalization, machine learning, and voice search capabilities.
Led by Nicolas Dessaigne, Co-founder and CEO, Algolia provides a Search-as-a-Service platform that enables companies of all sizes to deliver fast and relevant digital experiences. With Algolia, consumers are able to find and discover what they want across web, mobile, and voice and developers and business can build and optimize search and discovery experiences that increase online engagement, conversion rates and revenue.
More than 8,000 companies including Stripe, Slack, Discovery Inc., Medium, LVMH, Lacoste, Zendesk and Birchbox use Algolia to manage 70 billion search queries a month.
The company also has offices in Paris, London, Tokyo, New York and Atlanta.