Algolia finds $110M from Accel and Salesforce for its search-as-a-service, used by Slack, Twitch and 8K others
Algolia, one of the group of startups that provides search as a service for websites and apps as an alternative to Google and other search engines, is announcing a major round of funding today to fuel its growth. The startup — which already has more than 8,000 customers, including big names like Twitch, Slack, Discovery and LVMH — has closed a Series C of $110 million, money it plans to invest in R&D around its search technology, including doubling down on voice, and further global expansion in Europe, North America and Asia Pacific.
This Series C is being led by Accel, with other investors in this round including Salesforce Ventures (along with others that are not being named).
The funding is coming at a time of strong growth for Algolia, whose basic premise — to offer an easy-to-use, API-based search service for businesses, as a way to buy search tech rather than build from the ground up using search platforms — has seen a lot of traction.
It was already active in the various regions where it plans to grow: Founded originally in France, Algolia is now based out of San Francisco and has been in Asia since
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