What is elastic?
Elastic provides advanced search-powered solutions through its flagship platform, Elasticsearch. The company's offerings encompass Enterprise Search, Observability, and Security solutions, designed to empower organizations globally to enhance information retrieval, ensure seamless application performance, and bolster cybersecurity defenses. Elastic's technology is crucial for businesses seeking to accelerate digital operations and improve data accessibility, serving a diverse range of industries through both cloud-based and on-premises deployments.
How much funding has elastic raised?
elastic has raised a total of $414M across 5 funding rounds:
Series A
$10M
Series B
$24M
Series C
$70M
Series D
$58M
Stock Offering
$252M
Series A (2012): $10M with participation from Benchmark, Rod Johnson, and Data Collective
Series B (2013): $24M led by Mike Volpi, Benchmark Capital, and SV Angel
Series C (2014): $70M supported by Index Ventures, New Enterprise Associates, and Benchmark Capital
Series D (2016): $58M featuring Benchmark Capital and New Enterprise Associates
Stock Issuance/Offering (2018): $252M, investors not publicly disclosed
Key Investors in elastic
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
Benchmark Capital
Benchmark is a venture capital firm focused on investing in early-stage technology companies. They are known for their hands-on approach and deep operational expertise, partnering with founders to build category-defining businesses.
What's next for elastic?
The recent major strategic investment signals a new phase of growth for Elastic, likely focusing on scaling its operations and expanding its market reach. With a robust platform addressing critical business needs in search, observability, and security, the company is well-positioned to capitalize on the increasing demand for data-driven insights and robust digital infrastructure. Future developments may include enhancements to its AI capabilities, further integration of its solutions, and expansion into new geographical markets, solidifying its leadership in the enterprise software landscape.
See full elastic company page
