Elasticsearch, Inc., an Amsterdam, the Netherlands-based and Los Altos, California-based provider of an end-to-end real-time search and analytics platform, raised $70m in Series C financing.
Backers included New Enterprise Associates (NEA), with additional participation from Benchmark Capital and Index Ventures. Along with this investment, NEA General Partner Harry Weller takes a seat on the Elasticsearch Board of Directors.
The company, which has raised a total of $104m, plans to use its funding to accelerate global awareness of its solutions, for continued product development, and expand its sales organization worldwide.
Founded in 2012 by Steven Schuurman, co-founder and CEO, Elasticsearch offers a technology solution – the Elasticsearch ELK stack comprised of Elasticsearch, Logstash and Kibana – that allows decision makers to extract meaningful insights, in real time. It is used by thousands of enterprises in every industry including Comcast, eBay, Facebook, Mayo Clinic, TomTom and Tinder.
The company provides production support, development support and training for the full ELK stack.
Since its initial release, Elasticsearch has more than 8 million cumulative downloads.