Algolia – Hosted Search Engine API for Websites and Mobile Apps Raises Another $53M

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Two years ago Algolia raised $18.3M in Series A round and now it has collected another $53M in Series B funding round led again by Accel. Algolia has got $74.22M of total funding till now. The excellent user experience, speed and accuracy offered by Algolia’s search engine are still making users go in love with it and developers love its reliability & scalability. We wish for Algolia to keep growing up and being loved by its customers.

Algolia is still growing like crazy, with its annual recurring revenue doubling every year. Algolia’s goal hasn’t changed — the startup wants to provide the best search experience to everyone building websites and apps out there.

The company now has 3,000 customers and handles 25 billion searches every month. Recently, the startup launched a fallback version of Algolia called Algolia Offline that you can use if you’re in airplane mode or don’t have a strong signal. Algolia also optimized its search feature for places.

With today’s funding round, Algolia is going to open another office in London after Paris, San Francisco, New York City and Atlanta. And of course, the company wants to get new customers, build new features and maybe one day become the Stripe of search.

Please read full story at TechCrunch.

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