Saturday, October 6, 2018

Elastic, a search and data analytics startup, closes up 94.4% on its first day of trading after raising $252M in its IPO and is now valued at about $4.8B (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Elastic, a search and data analytics startup, closes up 94.4% on its first day of trading after raising $252M in its IPO and is now valued at about $4.8B  —  - The company offers its technology through cloud providers such as Amazon, but Amazon also represents competition.



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