SAN FRANCISCO, April 25, 2019 (GLOBE NEWSWIRE) -- Algolia, the leading Search and Discovery solution for websites and mobile apps, today announced it was recognized as one of the 50 Highest Rated Private Cloud Computing Companies To Work For, in a list released by Battery Ventures, a global investment firm and cloud investor, and Glassdoor*, one of the world’s largest job and recruiting sites. This marks Algolia’s second consecutive appearance on the list.

The list highlights 50 privately-held companies—all business-to-business, cloud-computing companies—where employees report the highest levels of satisfaction at work, according to employee feedback shared on Glassdoor. The distinction placed Algolia at number 37 out of 50 total, with an overall company rating of 4.1. The broader average across Glassdoor is 3.4.

“We are thrilled to be recognized on this year’s list of top places to work in the cloud industry. At Algolia, we pride ourselves for our strong company culture around the world,” said Nicolas Dessaigne, co-founder and CEO, Algolia. “We are growing rapidly—we increased our employee headcount by 84% in 2018. This award is a testament to the team’s dedication to putting culture first in the midst of such momentum by establishing an open and collaborative work environment. We also believe positive culture is a critical foundation required to build an industry-leading product, thereby extending Algolia’s value to customers.”

This is the third year Battery has issued the list, along with a related ranking of the 25 Highest Rated Public Cloud Computing Companies to Work For. The rankings highlight the broader trend of businesses increasingly turning to the cloud to run critical technology systems and software, instead of using on-premises systems. The lists also highlight the increasing importance of cohesive culture and employee happiness in running a successful business.

“The private companies on this list have not only scaled their products, teams and business functions—but they’ve managed to scale culture,” said Neeraj Agrawal, general partner at Battery Ventures. “We view these rankings as a key indicator of company health and longevity, and we hope all companies on this list view it as an honor to be included.”

Full lists of the highest-rated 50 private cloud companies and 25 public cloud companies to work for can be found here.

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About Algolia
Our mission is to make every search interaction meaningful and rewarding through developer-friendly and enterprise-grade APIs. Algolia helps the most innovative companies across all industries create powerful, relevant and scalable discovery experiences for their users. Unlike other solutions, Algolia's hosted platform reduces the complexities of building and scaling a fast, relevant digital experience and helps teams accelerate development time. More than 6,500 companies like Twitch, Lacoste, Discovery Communications, Medium, WeWork, Zendesk and Stripe rely on Algolia to manage 50+ billion search queries a month.

Founded in 2012, Algolia is backed by $74M in funding from Accel Partners, Alven Capital, Point Nine Capital and Storm Ventures. The team is headquartered in San Francisco with offices in Paris, London, New York and Atlanta. To learn more, visit www.algolia.com.

About Battery Ventures
Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, New York and Israel. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.

*By a company name, denotes a Battery investment. For a full list of all Battery investments and exits, please click here.