Elastic Analysis: $334M Raised
What is Elastic?
Search AI platform for real-time insights
Employees
1001-5000
Founded
2012
Revenue
$1.069 billion USD
Growth Rate
17%
Latest Funding Round Size
$334.34M (Algolia), $1.33M (Algolia latest round), $100M (Lucidworks)
Product Features & Capabilities
- Elasticsearch for scalable search and analytics
- Kibana for data visualization and exploration
- Elastic Cloud for real-time insights on any cloud
- Elastic Security for AI-driven security analytics
- Elastic Observability for unified application and infrastructure monitoring.
Use Cases
Analyze large datasets for actionable insights; Monitor application performance in real-time; Detect and respond to cyber threats proactively; Visualize data trends and patterns effectively; Automate security workflows to enhance efficiency.
How much Elastic raised
Funding Round - $334.34M (Algolia), $1.33M (Algolia latest round), $100M (Lucidworks)
RecentOther Considerations
Trusted by 50% of Fortune 500 companies; Recognized as a leader in the Gartner Magic Quadrant for Observability Platforms; Offers a free trial for new users.
Recent Acquisitions
- Datadog - Acquired Metaplane, an AI-powered data observability startup, approximately three weeks ago. - TechCrunch - Yahoo Finance
- Sumo Logic - Acquired by Francisco Partners in a deal valued at approximately $1.7 billion, announced on February 9, 2023. - Reuters - GlobeNewswire
- New Relic - No recent acquisition news found for the past year.
- Splunk - No recent acquisition news found for the past year.
