What is elastic?
Elastic provides advanced search-powered solutions, primarily through its core 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 deployed both in cloud-based and on-premises environments, serving a diverse range of industries and facilitating accelerated digital operations and improved data accessibility worldwide.
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 Rod Johnson, Data Collective, and Benchmark
Series B (2013): $24M led by SV Angel, Mike Volpi, and Benchmark Capital
Series C (2014): $70M supported by Index Ventures, New Enterprise Associates, and Benchmark Capital
Series D (2016): $58M featuring New Enterprise Associates and Benchmark Capital
Stock Issuance/Offering (2018): $252M, investors not publicly disclosed
Key Investors in elastic
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, headquartered in Menlo Park, California. NEA focuses on supporting entrepreneurs in building businesses and is known for its significant investments across various technology sectors.
Benchmark Capital
Benchmark Capital is a venture capital firm that has historically invested in early-stage technology companies. They are recognized for their involvement in the growth of numerous influential tech companies, providing strategic guidance and capital.
Index Ventures
Index Ventures is a global venture capital firm that invests in entrepreneurs from seed to IPO. They partner with founders to build enduring companies and have backed notable technology firms such as Datadog and Robinhood.
What's next for elastic?
The recent major strategic investment of $252M signals a pivotal phase for Elastic, likely indicating a focus on scaling operations, expanding market reach, and potentially accelerating product development in its key solution areas: Enterprise Search, Observability, and Security. This capital infusion, following substantial prior funding rounds, positions Elastic to further solidify its competitive advantage and pursue ambitious growth objectives. The company's trajectory suggests a continued emphasis on innovation and strategic partnerships to address evolving enterprise needs in data management and security.
See full elastic company page
