French startup Algolia just raised a $53 million Series B round led by Accel, a couple of years after raising $18.3 million with… Accel also leading the round. So it looks like it’s a love story between the VC firm and the software-as-a-service startup. The reason is quite simple. Algolia is still growing like crazy with its annual recurring revenue doubling every year.… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/06/08/algolia-raises-53-million-for-its-search-engine-api/?ncid=rss

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