Elastic Analysis: $334M Raised
What is Elastic?
Elastic is a company that specializes in search and analytics solutions powered by AI. Their unique approach combines powerful search capabilities with generative AI to deliver real-time insights. This enables organizations to accelerate their time to value and make informed decisions based on data.
Location
Keizersgracht 281, 1016 ED Amsterdam, Netherlands
Employees
1001-5000
Founded
2012
Revenue
$1.069 billion USD
Annual Revenue
$1.069 billion USD
Country
Netherlands
Growth Rate
17%
Latest Funding Round Size
$334.34M (Algolia), $1.33M (Algolia latest round), $100M (Lucidworks)
Recent Funding
$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)
RecentRecent Acquisitions
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Datadog: Acquired Metaplane, an AI-powered data observability startup, approximately three weeks ago.
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Sumo Logic: Acquired by Francisco Partners in a deal valued at approximately $1.7 billion, announced on February 9, 2023.
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New Relic: No recent acquisition news found for the past year.
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Splunk: No recent acquisition news found for the past year.
Key Offerings
Elastic's key competitors and their key products or services are as follows:
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Datadog:
- Offers a unified platform for monitoring infrastructure metrics, distributed traces, logs, and application performance. Key products include:
- Infrastructure Monitoring
- Application Performance Monitoring
- Log Management
- Security Monitoring
- Product Analytics
- Website: Datadog
- Offers a unified platform for monitoring infrastructure metrics, distributed traces, logs, and application performance. Key products include:
-
Dynatrace:
- Provides a comprehensive observability platform that includes:
- Infrastructure Observability
- Application Performance Monitoring
- Digital Experience Monitoring
- Log Analytics
- Application Security
- Website: Dynatrace
- Provides a comprehensive observability platform that includes:
-
AppDynamics:
- Focuses on application performance management and business performance monitoring. Key offerings include:
- Application Performance Monitoring
- Business Performance Monitoring
- End User Monitoring
- Website: AppDynamics
- Focuses on application performance management and business performance monitoring. Key offerings include:
-
SolarWinds:
- Develops IT management software that includes:
- Network Performance Monitoring
- Server and Application Monitor
- Database Performance Analyzer
- IT Service Management
- Website: SolarWinds
- Develops IT management software that includes:
-
Grafana Labs:
- Specializes in open-source observability tools, including:
- Grafana (for visualization)
- Grafana Cloud (managed observability platform)
- Mimir (for metrics)
- Loki (for logs)
- Tempo (for traces)
- Website: Grafana Labs
- Specializes in open-source observability tools, including:
-
LogRhythm:
- Provides a security intelligence platform that includes:
- Security Information and Event Management (SIEM)
- Log Management
- Network Monitoring
- Endpoint Monitoring
- Website: LogRhythm
- Provides a security intelligence platform that includes:
Other 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.
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