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

Index Ventures (Lead Investor) (Michael Volpi )

Benchmark Capital (Peter Fenton)

SV Angel

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
Email Address
Overview
Elastic (NYSE: ESTC) is the company behind Elasticsearch, the innovative and advanced open source distributed search engine with millions of downloads.
Profile
Elastic LinkedIn Company Profile
Social Media
Elastic Company Twitter Account
Company News
Elastic News
Facebook
Elastic on Facebook
YouTube
Elastic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shay Banon
  Shay Banon LinkedIn Profile  Shay Banon Twitter Account  Shay Banon News  Shay Banon on Facebook
Chief Financial Officer
Janesh Moorjani
  Janesh Moorjani LinkedIn Profile  Janesh Moorjani Twitter Account  Janesh Moorjani News  Janesh Moorjani on Facebook
VP - Bus. Development
Craig Griffin
  Craig Griffin LinkedIn Profile  Craig Griffin Twitter Account  Craig Griffin News  Craig Griffin on Facebook
VP - Engineering
Kevin Kluge
  Kevin Kluge LinkedIn Profile  Kevin Kluge Twitter Account  Kevin Kluge News  Kevin Kluge on Facebook
VP - General Counsel
Baird Garrett
  Baird Garrett LinkedIn Profile  Baird Garrett Twitter Account  Baird Garrett News  Baird Garrett on Facebook
VP - Human Resources
Leah Sutton
  Leah Sutton LinkedIn Profile  Leah Sutton Twitter Account  Leah Sutton News  Leah Sutton on Facebook
VP - Marketing
Jeffrey Yoshimura
  Jeffrey Yoshimura LinkedIn Profile  Jeffrey Yoshimura Twitter Account  Jeffrey Yoshimura News  Jeffrey Yoshimura on Facebook
VP - Operations
Robin Sharpe
  Robin Sharpe LinkedIn Profile  Robin Sharpe Twitter Account  Robin Sharpe News  Robin Sharpe on Facebook
VP - Product Management
Gaurav Gupta
  Gaurav Gupta LinkedIn Profile  Gaurav Gupta Twitter Account  Gaurav Gupta News  Gaurav Gupta on Facebook
VP - Sales
Justin Hoffman
  Justin Hoffman LinkedIn Profile  Justin Hoffman Twitter Account  Justin Hoffman News  Justin Hoffman on Facebook
VP - Sales
Aaron Katz
  Aaron Katz LinkedIn Profile  Aaron Katz Twitter Account  Aaron Katz News  Aaron Katz on Facebook


 

 

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Prev: 2/19/2013: Taboola venture capital transaction
Next: 2/19/2013: Stormpath venture capital transaction

 

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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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