Big Money in Enterprise Search

VC firms seem attracted to the Enterprise Search space

Just today, it was announced that Canadian-based Coveo closed a ~170MUS round, following the Lucidworks’ recent $100MUS round. Earlier this year we’ve seen  Algolia come in with $110M of funding, and of course the recent Elasticsearch’s IPO – sure looks it looks like 2019 will have been a good year for the leading technologies.

Stay tuned as we learn more about the trend!