Algolia, a San Francisco, CA-based Paris, France-based Search-as-a-Service provider, raised $18.3m in Series A funding.
The round was led by Accel Partners with participation from existing investors Alven Capital, Point Nine Capital, Storm Ventures, as well as Lead Edge Capital, co-founder and CEO of Parse (acq. Facebook) Ilya Sukhar, co-founder and CTO of Docker Solomon Hykes, internet entrepreneur Kevin Rose and co-founder and former CTO of Splunk Erik Swan. In conjunction with the funding, Philippe Botteri, Partner at Accel Partners, will take a seat on the board.
The company intends to use the funds for product development, international expansion and hiring.
Founded in 2012 by Nicolas Dessaigne and Julien Lemoine, Algolia provides developers, product managers, and end users with a tool to improve the search experience. For end users, the Algolia search delivers relevant results in milliseconds on websites and mobile apps. For developers and product managers, its solution can be set up in hours or days via its hosted API, enabling any company to build a search engine that can handle a high volume of data quickly.
The company currently serves over 600 paying customers in 50 countries including CrunchBase, Genius.com, Vevo, Medium, WeWork, Teespring, Arc’teryx and Product Hunt.