Algolia Raises €1.5M in Seed Funding

Funding Rounds

▤ Summary

29/11/2013: UPDATE AND DISCLOSURE: FINSMES HAD ALREADY COVERED THIS NEWS ON OCTOBER 1ST 2013: Algolia Raises $1.5M in /Seed Funding Algolia, a Paris, France-based provider of a solution that speed up on-site or in-app search, raised €1.5m in seed funding.Backers included Point Nine Capital, Alven Capital and Index Ventures.Founded in October of 2012 by CEO Nicolas Dessaigne and CTO Julien Lemoine, Algolia provides a SaaS search API for developers who look for a solution to deliver real-time, typo-tolerant and location aware search in their applications and websites.It runs more than 4M queries per day, mostly in USA and Europe.Algolia is a member of Paris-based accelerator TheFamily and is currently hiring (jobs@algolia.com).

$ Funding

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Amount $2.0M Total raised
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Date November 20, 2013 Announcement date
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Investors Index Ventures, Algolia, Alven Capital Lead investors
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Company http://www.algolia.com/ Funded company

▥ Classifications

industries
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applications
Anti Piracy

◇ AskAI Classifications

Labels
Search Technology SaaS AI Search

▦ Linked Companies

Algolia
$100M to $250M