Elastic NV

Last updated
Elastic N.V.
FormerlyElasticsearch
Company typePublic company (NV)
IndustrySoftware
Founded2012;12 years ago (2012)
Founders
Headquarters
Key people
  • Ashutosh Kulkarni (CEO)
  • Shay Banon (CTO)
  • Janesh Moorjani (CFO)
ProductsSearch software
RevenueIncrease2.svg US$608 million (2021) [1]
Increase2.svgUS$−129 million (2021) [1]
Increase2.svgUS$−129 million (2021) [1]
Total assets Increase2.svgUS$973 million (2021) [1]
Total equity Increase2.svgUS$451 million (2021) [1]
Number of employees
2,179 (April 2021) [1]
Website www.elastic.co

Elastic NV is an American-Dutch software company that provides self-managed and software as a service (SaaS) offerings for search, logging, security, observability, and analytics use cases. [2] It was founded in 2012 in Amsterdam, the Netherlands, and was previously known as Elasticsearch. [3]

The company develops the Elastic Stack—Elasticsearch, Kibana, Beats, and Logstash—previously known as the ELK Stack, [4] free and paid proprietary features (formerly called X-Pack), Elastic Cloud (a family of SaaS offerings including the Elasticsearch Service), and Elastic Cloud Enterprise (ECE). [5] [6]

Elasticsearch technology is used by eBay, Wikipedia, Yelp, Uber, Lyft, Tinder, and Netflix. [7] [8] Elasticsearch is also implemented in use cases such as application search, site search, enterprise search, logging, infrastructure monitoring, application performance management, security analytics (also used to augment security information and event management applications), and business analytics. The Elasticsearch meetup community totals more than 100,000 members. [9] Elastic is publicly traded on the New York Stock Exchange under the symbol ESTC. [10]

Citing headwinds from the global macroeconomic environment, Elastic NV announced a 13% reduction in headcount on November 30, 2022. [11] [12]

Acquisitions

Elastic N.V.,has made several strategic acquisitions to expand its product offerings and capabilities.

  1. Prelert – In 2016, Elastic acquired Prelert, a machine learning company specializing in anomaly detection. [13] [14]
  2. Swiftype – In 2017, Elastic acquired Swiftype, a provider of search and index software. [15]
  3. Endgame – In 2019, Elastic acquired Endgame, an endpoint security provider, for $234 million. [16]
  4. build.security – In 2021, Elastic acquired build.security, a cloud security company focusing on policy definition and enforcement. [17] [18]
  5. Cmd – In 2021, Elastic acquired Cmd, a company that provides organizations with intuitive monitoring and control over their Linux environment. [19]
  6. Optimyze – The most recent acquisition was Optimyze on October 14, 2021 which is a cloud computing company based in Zurich. [20]

Related Research Articles

In computing, a solution stack or software stack is a set of software subsystems or components needed to create a complete platform such that no additional software is needed to support applications. Applications are said to "run on" or "run on top of" the resulting platform.

<span class="mw-page-title-main">F5, Inc.</span> U.S. information technology company

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability & performance, network security, and access & authorization.

A Contributor License Agreement (CLA) defines the terms under which intellectual property has been contributed to a company/project, typically software under an open source license.

<span class="mw-page-title-main">GoTo (US company)</span> Software company

GoTo Technologies USA, Inc., formerly LogMeIn Inc., is a flexible-work provider of software as a service (SaaS) and cloud-based remote work tools for collaboration and IT management. The company was founded in 2003, and is based in Boston, Massachusetts. On February 2, 2022 the company was rebranded from LogMeIn to GoTo.

<span class="mw-page-title-main">Qlik</span> Software company whose main products are QlikView and Qlik Sense

Qlik [pronounced "klik"] provides a data integration, analytics, and artificial intelligence platform. The software company was founded in 1993 in Lund, Sweden and is now based in King of Prussia, Pennsylvania, United States. Thoma Bravo made the company private in 2016.

<span class="mw-page-title-main">Endgame, Inc.</span> American security consulting firms

Endgame provides a cyber operations platform supporting the detection, exploitation, and mitigation of cyber-threats. Endgame was started by executives from ISS.

Imperva, Inc. is an American cyber security software and services company which provides protection to enterprise data and application software. The company is headquartered in San Mateo, California.

Elasticsearch is a search engine based on Apache Lucene. It provides a distributed, multitenant-capable full-text search engine with an HTTP web interface and schema-free JSON documents. Official clients are available in Java, .NET (C#), PHP, Python, Ruby and many other languages. According to the DB-Engines ranking, Elasticsearch is the most popular enterprise search engine.

<span class="mw-page-title-main">DigitalOcean</span> American cloud infrastructure provider

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in New York City, New York, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.

Swiftype is a search and index company based in San Francisco, California, that provides search software for organizations, websites, and computer programs. Notable customers include AT&T, Dr. Pepper, Hubspot and TechCrunch.

<span class="mw-page-title-main">Loggly</span> Cloud-based log management and analytics service provider

SolarWinds Loggly is a cloud-based log management and analytics service provider based in San Francisco, California. Jon Gifford, Raffael Marty, and Kord Campbell founded the company in 2009, and Charlie Oppenheimer was the CEO of Loggly until its announced acquisition by SolarWinds on January 8, 2018.

Looker Data Sciences, Inc. is an American computer software company headquartered in Santa Cruz, California. It was acquired by Google in 2019 and is now part of the Google Cloud Platform. Looker markets a data exploration and discovery business intelligence platform.

<span class="mw-page-title-main">Kibana</span> Data visualization plugin for Elasticsearch

Kibana is a source-available data visualization dashboard software for Elasticsearch.

Alibaba Cloud, also known as Aliyun, is a cloud computing company, a subsidiary of Alibaba Group. Alibaba Cloud provides cloud computing services to online businesses and Alibaba's own e-commerce ecosystem. Its international operations are registered and headquartered in Singapore.

Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014. The company is listed on the New York Stock Exchange after going public in April 2024.

<span class="mw-page-title-main">Grafana</span> Platform for data analytics and monitoring

Grafana is a multi-platform open source analytics and interactive visualization web application. It can produce charts, graphs, and alerts for the web when connected to supported data sources.

Checkmarx is an enterprise application security company specializing in static application security testing (SAST) headquartered in Atlanta, Georgia in the United States.

OpenSearch is a family of software consisting of a search engine, and OpenSearch Dashboards, a data visualization dashboard for that search engine. It is an open-source project developed by the OpenSearch Software Foundation written primarily in Java.

Teunis Steven Schuurman is a Dutch technology and media entrepreneur, best known for co-founding and being the first CEO of Elastic, a data search and analytics company listed at the NYSE (ESTC). After stepping down as CEO of Elastic in 2017, he started to work towards dedicating his time and resources exclusively to philanthropy. He is also the co-founder of Atlantis Entertainment, SpringSource and the founder of the non-profit organisations the Dreamery Foundation and FutureNL.

References

  1. 1 2 3 4 5 6 "Elastic N.V. 2021 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. 25 June 2021.
  2. ↑ DeFrancesco, Robert (2019-09-29). "Elastic's Core Search Technology Powers Multiple Growth Levers". Forbes. Archived from the original on 2019-09-30. Retrieved 2019-09-29.
  3. ↑ Kepes, Ben. "Elasticsearch Changes Its Name, Enjoys An Amazing Open Source Ride And Hopes To Avoid Mistakes". Forbes. Retrieved 2019-04-10.
  4. ↑ Gupta, Yuvraj (2017). Mastering Elastic Stack. Birmingham, UK: Packt Publishing. pp. 11–13. ISBN   978-1-78646-001-1.
  5. ↑ "Elastic Cloud: Hosted Elasticsearch, Hosted Search | Elastic". www.elastic.co. Retrieved 2019-04-10.
  6. ↑ Shukla, Pranav (2017). Learning Elastic Stack 6.0: A beginner's guide to distributed search. Birmingham, UK: PACKT. p. 315. ISBN   978-1-78728-186-8.
  7. ↑ Ward, Mark (2019-07-12). "Why search is no longer all about Google". www.bbc.com. Archived from the original on 2019-07-12. Retrieved 2019-10-01.
  8. ↑ "Elastic enters APM space with Opbeat acquisition". TechCrunch. Retrieved 2019-10-09.
  9. ↑ "Elasticsearch groups". Meetup. Retrieved 2019-04-10.
  10. ↑ Colville, Jordan Novet, Waverly (2018-10-05). "Elastic ESTC IPO stock makes debut on NYSE". www.cnbc.com. Retrieved 2019-04-10.{{cite web}}: CS1 maint: multiple names: authors list (link)
  11. ↑ "CEO Ash Kulkarni's email to Elastic employees". Elastic Blog. Retrieved 2022-12-02.
  12. ↑ DeFrancesco, Robert. "Elastic Is Carving Out A Niche In Generative AI With Vector Search". Forbes. Retrieved 2023-12-20.
  13. ↑ Kepes, Ben (2016-09-15). "In an attempt to disrupt Splunk, Elastic makes another acquisition". Network World. Retrieved 2023-08-04.
  14. ↑ Yegulalp, Serdar (2017-05-05). "Elasticsearch stack wises up with machine learning". InfoWorld. Retrieved 2023-08-04.
  15. ↑ Ha, Anthony (2017-11-09). "Elastic acquires search startup Swiftype". TechCrunch. Retrieved 2023-08-04.
  16. ↑ "Elastic buys endpoint security firm Endgame for $234 million". ZDNET. Retrieved 2023-08-04.
  17. ↑ Kerner, Sean Michael (2021-08-23). "Elastic acquires build.security for security policy definition and enforcement". TechCrunch. Retrieved 2023-08-04.
  18. ↑ Ben-David, Ricky. "Open code software giant Elastic to buy Israeli startup, open Tel Aviv R&D site". www.timesofisrael.com. Retrieved 2023-08-04.
  19. ↑ Kobialka, Dan (2021-09-01). "Elastic Acquires Cmd; XDR Platform Gains Cloud Workload Runtime Security". MSSP Alert. Retrieved 2023-08-04.
  20. ↑ "Elastic to buy 'continuous profiling' startup Optimyze". ZDNET. Retrieved 2023-08-04.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.