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Data Search Software Startup 'Elastic' Preps IPO

  • Re/code, Friday, June 22, 2018 5:30 PM

Data search software startup Elastic just quietly filed to go public what is expected to be a multi-billion valuation, Recode reports. “The deal is interesting in part because it is another success for some notable venture capital firms, [including] Benchmark, New Enterprise Associates and Index Ventures. Elastic has raised relatively little money -- only about $100 million total -- and it hasn’t accepted new capital since 2014.”

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