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Dutch data search software startup: Elastic NV (ESTC)

Elastic NV (NYSE:ESTC) was founded on February 9, 2012, formerly known as Elasticsearch Global BV, and changed to its current name on June 29, 2018. It is headquartered in Amsterdam, the Netherlands, and has 994 full-time employees (7/31/2018) ), is an open source search and data analysis software company that can immediately find relevant information and insights from a large amount of data-which can be used in various applications and cases.

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Elastic NV (ESTC):

Elastic NV was founded on February 9, 2012 under the name Searchworkings Global BV, and later changed its name to Elasticsearch global BV on June 19 of the same year, and was renamed Elasticsearch Global BV on December 11, 2013, and most recently in May 2018 On the 29th, the current name was changed to Elastic BV.

Elastic company develops and provides open source Elastic Stack (including Elasticsearch, Kibana, Beats, and Logstash), X-Pack that provides commercial functions for Elastic Stack, and software-as-a-service product Elastic Cloud (including hosted Elasticsearch, hosted application search, and hosted website search ).

Elastic NV is famous for its Elasticsearch search product. Well-known companies that use this product include Cisco , eBay , Goldman Sachs , NASA, Microsoft , Wikimedia Foundation, Samsung Electronics and Verizon, etc., with more than 100 million downloads. Google provides a fully managed version through Google Cloud Platform.

Elasticsearch allows companies to search a huge database of unstructured information. By using machine learning, it can automatically identify anomalies, perform root cause analysis, and reduce false alarms in real-time applications.

ElasticSearch is an open source search service based on Lucene. It provides a full-text search engine with distributed multi-user capabilities, based on a RESTful web interface. Elasticsearch is developed in Java and released as an open source under the terms of the Apache license. It is a popular enterprise search engine. Designed for cloud computing, it can achieve real-time search, stable, reliable, fast, easy to install and use.

ELK is the abbreviation of ElasticSearch, Logstash, and Kibana, which provide search, data access and visualization functions respectively, and constitute the application stack of Elastic.

Splunk  is the first company listed on Nasdaq in the big data field. Splunk provides a machine data engine. Use Splunk to collect, index, and utilize fast-moving computer data generated by all applications, servers, and devices (physical, virtual, and cloud). Search and analyze all real-time and historical data from one location. Using Splunk to process computer data allows you to resolve problems and investigate security incidents in minutes instead of hours or days. Monitor your end-to-end infrastructure to avoid service performance degradation or interruptions. Meet compliance requirements at a lower cost. Correlate and analyze complex events that span multiple systems. Gain a new level of operational visibility and IT and business intelligence.

According to the latest database engine rankings, Elastic, Solr and Splunk occupy the top three positions in database search engines.

Before going public, Elastic had raised $104 million. Investors included some venture capital giants, such as Enxi Investment, SV Angel, Index Ventures, and Benchmark Capital. Recode said that once Elastic is on Wall Street, its valuation may be as high as US$1.5 billion to US$3 billion.

Elastic NV (ESTC) investment:

Elastic NV (NYSE:ESTC) submitted its IPO prospectus on 9/5/2018 and listed on the New York Stock Exchange on 10/5/2018. The estimated issue price is US$26.00-29.00, and the actual issue price is US$36. With capital not exceeding 252 million US dollars, Goldman Sachs/ JP Morgan/ Barclays/ RBC Capital Markets jointly underwrite.

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