San Francisco California based Algolia is raising $150,000,143.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Algolia is raising $150,000,143.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Bernadette Nixon played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Algolia
Algolia provides an API platform for dynamic experiences that enable organizations to predict intent and deliver results. Algolia achieves this with an API-first approach that allows developers and business teams to surface relevant content when wanted satisfying the demand for instant gratification and building and optimizing online experiences that enhance online engagement, increase conversion rates, and enrich lifetime value to generate profitable growth. More than 10,000 companies including Under Armour, Lacoste, Birchbox, Stripe, Slack, Medium, and Zendesk rely on Algolia to manage over 1.5 trillion search queries a year. Algolia is headquartered in San Francisco with offices in New York, Atlanta, Paris, London, and Bucharest.
To learn more about Algolia, visit http://www.algolia.com/
Contact:
Bernadette Nixon, President and Chief Executive Officer
415-366-9672
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