Elasticsearch Raises $70 Million
11–20 of 67 posts
Re: Elasticsearch Raises $70 Million
#12Re: Elasticsearch Raises $70 Million
#13On the product side, I'm sitting here being amazed at some of the problems they've solved very elegantly. Elasticsearch has a bright future.
Re: Elasticsearch Raises $70 Million
#14If people are curious as to why VCs are interested in open-source businesses: http://indexventures.com/news-room/blog/a-perfect-storm-now-...
The world is finally figuring out that it's impossible to employ top talent, but that it can be quite lucrative to sponsor it.
Re: Elasticsearch Raises $70 Million
#15I'm sitting in Elasticsearch training right now (during a caffeine break). These are some really great guys that know their stuff, and they're committed to contributing back to the OSS version everything that makes sense. They contribute a ton of code back to Lucene and employ a lot of the brightest minds in this space. On the product side, I'm sitting here being amazed at some of the problems they've solved very ele…
Re: Elasticsearch Raises $70 Million
#16I'm sitting in Elasticsearch training right now (during a caffeine break). These are some really great guys that know their stuff, and they're committed to contributing back to the OSS version everything that makes sense. They contribute a ton of code back to Lucene and employ a lot of the brightest minds in this space. On the product side, I'm sitting here being amazed at some of the problems they've solved very ele…
Re: Elasticsearch Raises $70 Million
#17If people are curious as to why VCs are interested in open-source businesses: http://indexventures.com/news-room/blog/a-perfect-storm-now-...
Open-source is becoming the only way to develop (and, especially , maintain) complex software. The fact that the engineers can gain employer-independent reputations gives them an incentive that's astronomically expensive (as hedge fund compensation goes) to replicate otherwise. The world is finally figuring out that it's impossible to employ top talent, but that it can be quite lucrative to sponsor it.
Re: Elasticsearch Raises $70 Million
#18It's typically the rest of the pipeline now that causes most of the latency whereas search used to be the bulk of the duration of a request.
It has also spurred other entities to improve their search performance :)
Re: Elasticsearch Raises $70 Million
#19If people are curious as to why VCs are interested in open-source businesses: http://indexventures.com/news-room/blog/a-perfect-storm-now-...
Open-source is becoming the only way to develop (and, especially , maintain) complex software. The fact that the engineers can gain employer-independent reputations gives them an incentive that's astronomically expensive (as hedge fund compensation goes) to replicate otherwise. The world is finally figuring out that it's impossible to employ top talent, but that it can be quite lucrative to sponsor it.
Re: Elasticsearch Raises $70 Million
#20What I find interesting about the Elasticsearch story is the success it has given that the core product (the search server) is completely open source.
My fear is that with money comes an 'Enterprise' edition.
Their plans are to offer support, and make their bones that way. Elasticsearch is a complex enough product at scale that this would probably be quite lucrative.