Tech Company Financing Transactions
Elastic Funding Round
Elastic closed a $10 million Series A financing round on 11/9/2012. Backers included Benchmark Capital, Data Collective and private investors.
Transaction Overview
Company Name
Announced On
11/9/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use its initial round of funding to rapidly build out the organization in all functional areas and expand into key geographic regions to support the explosive adoption of Elasticsearch, the open source search and analytics software that has emerged as one of the most popular open source projects in the big data market and is already being used by thousands of companies all over the world.
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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