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Elastic Acquires California SaaS Site Search Startup Swiftype
Monday 13 November 2017

13 November 2017 - Dutch enterprise search engine company Elastic has acquired California, US-based SaaS-based site search specialist Swiftype, the company said.

Swiftype is a San Francisco-based startup founded in 2012 and backed by Y Combinator and New Enterprise Associates.

The firm is the creator of the SaaS-based Site Search and the recently introduced Enterprise Search products.

Swiftype is an early adopter of Elasticsearch, using Elasticsearch to index and store searchable content and power the search experience for its Site Search product.

Used by more than 900 organisations including Asana, AT and T, Dr. Pepper, Engadget, Hubspot, Marketo, Shopify, SurveyMonkey, and TechCrunch, Site Search offers users the ability to create customized search experiences; a user interface to configure advanced features, such as relevance, autocomplete, faceted search, and custom result ranking; and real-time analytics, reports, and dashboards.

Effective immediately, Swiftype's Site Search product will be offered with a new introductory subscription plan starting at USD 79/month that allows customers to grow at their own pace.

In addition, Site Search provides a straightforward migration path for Google Site Search customers.

Released earlier this year, Swiftype's Enterprise Search product helps organizations manage content across disparate data sources and seamlessly connect to cloud-based applications like Atlassian, Box, Dropbox, Github, Google Apps, Microsoft Outlook, Salesforce, Slack, Zendesk, and more.

Effectively immediately, Enterprise Search will be moved to beta and available for trial upon request.

The combined Elastic and Swiftype engineering teams will integrate more capabilities of the Elastic Stack and X-Pack into Enterprise Search and will make it available as both as a hosted service and on-premise solution.

Elastic builds software to make data usable in real time and at scale for search, logging, security, and analytics use cases. Founded in 2012, the company develops the open source Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), X-Pack (commercial features), and Elastic Cloud (a hosted offering). To date, there have been more than 150m cumulative downloads.

Backed by Benchmark Capital, Index Ventures, and NEA with more than USD 100m in funding, Elastic has a distributed workforce with more than 600 employees in 30 countries.
Date Published: 13/11/2017
Target: Swiftype
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Status: Closed
Buyer: Elastic
Terms of the deal were not disclosed