Elasticsearch, a real-time big data search and analytics startup,has raised $10 million in Series A financing led by Benchmark Capital. The other investors in the round include Rod Johnson, the creator of Spring and co-founder of SpringSource, and Data Collective.
Elasticsearch, which is based in Amsterdam, helps companies extract information from their large distributed volumes of structured and unstructured data. The organization wants to provide a simple way to analyze petabytes of information to deliver information that businesses require to make real-time, intelligent and actionable decisions.
The company also provides enterprise-grade technical production support, development support, consulting and training for enterprises, systems integrators and software vendors worldwide.
The technology was created by co-founder and CTO Shay Banon, who released an open source product in 2009 that has already been downloaded 1.5 million times, including a current rate of 200,000/month, making it one of the top open source projects in the world. Foursquare is a user
Rod Johnson said of the news, “Shay and Steven have hit on the perfect storm – a user-friendly product that can quickly search and extract information from massive amounts of data stored in the most complex distributed cloud environments.”
The company will use this funding to expand into new geographic regions and for further product development.
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