{"id":9900,"date":"2017-11-09T19:31:05","date_gmt":"2017-11-09T19:31:05","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/elastic-acquires-search-startup-swiftype.html"},"modified":"2017-11-09T19:31:05","modified_gmt":"2017-11-09T19:31:05","slug":"elastic-acquires-search-startup-swiftype","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/elastic-acquires-search-startup-swiftype.html","title":{"rendered":"Elastic acquires search startup Swiftype"},"content":{"rendered":"


\n<\/p>\n

Swiftype<\/a> isn\u2019t just a startup that we write about<\/a> \u2014 we also use the technology to provide site search on TechCrunch itself. Now it\u2019s being acquired by Elastic<\/a>, the company behind the open source technology Elasticsearch.<\/p>\n

It turns out the two companies are already connected, because Swiftype uses Elasticsearch for indexing and storing its search content. In fact, Swiftype CTO Quin Hoxie recalled first hearing about Elastic\u2019s CEO Shay Banon (pictured above) as \u201cthis mythical developer who\u2019d written more software than I\u2019d thought was humanly possible.\u201d<\/p>\n

Both Hoxie and Banon suggested that the acquisition doesn\u2019t represent a big change in direction for Swiftype. Hoxie described the decision as \u201ccontinuing down\u201d the existing path while teaming up with a larger organization that has \u201cvery, very quickly not just built great technology, but also a very, very successful business.\u201d<\/p>\n

To be clear, there will be some changes at Swiftype. For one thing, the company will start offering an introductory price of $79 a month. For another, the combined engineering teams will work to incorporate more features from Elastic\u2019s Elastic Stack and X-Pack into Swiftype\u2019s Enterprise Search (which allows businesses to search across services like Dropbox and the G Suite<\/a>).<\/p>\n

Banon, meanwhile, noted that Elastic previously acquired Opbeat<\/a>, and his approach is to allow acquired teams to run in largely self-sufficient fashion: \u201cI\u2019m not going to get in your way. Go make it happen.\u201d<\/p>\n

In this case, Banon said he\u2019s become convinced that Elastic needed to provide more \u201cend-to-end user experiences,\u201d and when it comes to site search, Swiftype has \u201ccreated what I would say is the best user experience out there.\u201d<\/p>\n

He added that it\u2019s nice to be \u201cclosing the circle,\u201d since Elastic\u2019s technology was initially developed for site and application search, before expanding to other use cases like logging and analytics.<\/p>\n

The financial terms of the deal were not disclosed. Swiftype had previously raised more than $22 million from Y Combinator, New Enterprise Associates and others, and its customers include ATT, Dr. Pepper and Hubspot.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/QbsbfT8f0z4\/<\/p>","protected":false},"excerpt":{"rendered":"

Swiftype isn\u2019t just a startup that we write about \u2014 we also use the technology to provide site search on TechCrunch itself. Now it\u2019s being acquired by Elastic, the company <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-9900","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t