Wednesday, September 27, 2023
HomeInsightFunding Alert ZincSearch raises $3.6 mn in seed funding

[Funding alert] ZincSearch raises $3.6 mn in seed funding

[Funding alert] ZincSearch raises $3.6 mn in seed funding

ZincSearch, a search engine technology company has raised $3.6 million in seed funding round led by Nexus Venture Partners with participation from Dell Technologies Capital, Secure Octane, Cardinia Ventures.

Many technology leaders including Anand Babu Periasamy, Balaji Parimi, Rob Skillington, Anshu Sharma, Luke Kim, Awais Nemat, Dan Pinto, and Alex Gallegos also participated in this round.

Nexus Venture Partners, Managing Director, Abhishek Sharma will also join the Zincsearch Board of Directors.

The startup plans to use the funds to operate and expand the reach of its business.

Zinc, the next-generation, private search engine of ZincSearch, fuels chaos, allowing organizations to quickly and effectively query their datasets and extract actionable insights, a press statement said.

San Francisco-based ZincSearch was founded by  Prabhat Sharma, It is a search engine that can be used for any type of textual data and can be used for logs, metrics, events etc.

They realized that major enterprise customers were facing significant cost and maintenance challenges in querying and managing their data.

Most organizations rely on legacyware like Elasticsearch over expensive hosted services, which was created more than a decade ago. The company addresses these challenges through a single, binary, low resource-consuming executable built in a modern language with no dependencies.

“Almost every company that I have talked to, have complained to me about their log storage complexity and cost. With ELK stack on one side and expensive hosted solutions – majority of them with Elasticsearch underneath – on other side, we needed a modern easy to use and cost effective solution that solves the problem in an elegant way. ZincSearch provides a modern search platform that alleviates the log search and analytics problem”, Said, Prabhat Sharma, founder, ZincSearch.

Initially an open source project on GitHub, the company claims to have amassed over 7,900 GitHub stars in just five months, making it one of the fastest growing open source enterprise projects of the past 12 months.

It is built on the premise that setting up and running a search engine should not require countless valuable human hours. A modern search engine should be lightweight and not consume excessive resources, limit costs and ensure peak performance. Zinc requires far less processing than its competitors, it said.

“We’re thrilled to partner with Prabhat. Machine-generated data volumes are exploding. There are growing complaints that current log search solutions are complex and bloated. Their pricing is misaligned with value. Developers are in dire need of a powerful log search solution that’s easy to set up, fast time to value, cost-efficient, and scalable. We believe ZincSearch can become a game-changer here”, said, Abhishek Sharma, Managing Director, Nexus Venture Partners.

About ZincSearch

ZincSearch is a search engine that can be used for any kind of text data. It can be used for logs, metrics, events, and more. It allows users to do full text search among other things. E.g. Send server logs to ZincSearch for them or they can push their application data and provide full text search or they can build a search bar in their application using ZincSearch.

ZincSearch provides the easiest way to get started with log capture, search and analysis. It has simple APIs to interact and integrates with leading log forwarders allowing them to get operational in minutes. It uses far less CPU and RAM compared to alternatives allowing for lower cost to run. Developers can even run it on their laptops without ever noticing its resource utilization.

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