Today I’m thrilled to announce that Search.io has been acquired by Algolia, the leading API-First Search & Discovery Platform.
If you’re not familiar with Algolia, they are one of the largest search providers on the planet, processing trillions of queries from hundreds of data centers around the globe.
When we first began discussing the possibility of an acquisition with the Algolia team, I was surprised to learn how aligned we were on vision, to the degree we even had eerily similar strategy slides internally. But although the end game was similar, the path was very different, and that presented an amazing opportunity as the distinct strengths of both companies are highly complementary.
This acquisition will enable us to accelerate the delivery of new features in semantic search technology as well as enhancing the distribution of the technology across hundreds of data centers globally. You can also expect the Algolia uptime reliability (so many 9’s!!!), scalability, as well as access to additional features such as recommendation and personalization. Significantly, this acquisition will provide you with access to the world's only API-First Search and Discovery platform with a hybrid search engine, which comprises both keyword and semantic search in a single API. The new hybrid engine will be blazingly fast, massively scalable, and, importantly, cost effective with proven return on investment. No other search solution offers this today.
I’m incredibly proud of what the Search.io team has accomplished. Since day one, we've set out to make it possible for any business to add AI-powered search and discovery to their site with an all new, built from the ground up search engine. We pioneered the use of search pipelines for ease of customization, reinforcement learning for improving ranking, and more recently, Neuralsearch™ to deliver better relevance.
I’m also pleased to announce that everyone at Search.io was offered a new role within Algolia, so our customers can expect a seamless transition.
By the way, we’re still hiring here in Sydney and around the world. Like Search.io, Algolia is a remote-first company. Hope you’ll consider joining us on our mission to empower every organization with smart search and discovery!
Anyone can follow our progress and future announcements on Algolia.com.
Read the full press release here.