Tech Company Financing Transactions
Elastic Funding Round
Elastic, based in Los Altos, secured $24 million in funding from Index Ventures, Benchmark Capital and SV Angel.
Transaction Overview
Company Name
Announced On
2/19/2013
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Proceeds Purpose
The funds will be used to improve its ability to meet and support the increase in customer demand for Elasticsearch by attracting top talent. Furthermore, Elasticsearch is now in the position to fully execute on its vision without compromise.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
800 West El Camino Real 350
Los Altos, CA 94040
USA
Los Altos, CA 94040
USA
Phone
Website
Email Address
Overview
Elastic (NYSE: ESTC) is the company behind Elasticsearch, the innovative and advanced open source distributed search engine with millions of downloads.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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