Former HashiCorp and IBM govt joins Elastic to play key position in driving subsequent section of progress
Elastic, the corporate behind Elasticsearch, right this moment introduced the appointment of Navam Welihinda as chief monetary officer, efficient February 28, 2025. On this position, Welihinda will function the Firm’s principal monetary officer and principal accounting officer.
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Welihinda joins Elastic from Grammarly, the place he served as CFO and oversaw company finance and company improvement. Earlier than Grammarly, Welihinda spent seven years at HashiCorp, together with as CFO, the place he performed a key position in rising the corporate, together with serving to it scale to its IPO and driving worthwhile progress. Along with scaling expertise firms, Welihinda brings broad monetary expertise, together with finance management roles at IBM and funding roles at Perception Enterprise Companions, American Capital Methods, and Sierra Ventures.
“Elastic has a large market alternative forward of it with our Search AI Platform and every part we proceed to do for our prospects round search, GenAI, observability, and safety,” stated Ash Kulkarni, CEO of Elastic. “Navam’s deep experience in constructing multi-product, open supply companies, his expertise with consumption-based merchandise, and his confirmed document of driving sturdy monetary efficiency can be invaluable as we progress to our subsequent section of progress and proceed to construct Elastic right into a generational firm.”
“Elastic has established itself because the chief in Search AI, delivering a unprecedented monitor document of progress and innovation,” stated Welihinda. “The corporate’s tempo of innovation, serving to builders and enterprises prioritize innovation and effectivity throughout their companies, utilizing GenAI is spectacular. I’m delighted to contribute to the continued success of our enterprise as we transfer ahead to our subsequent chapter of progress.”
Elastic, the Search AI Firm, allows everybody to seek out the solutions they want in real-time utilizing all their knowledge, at scale. Elastic’s options for search, observability, and safety are constructed on the Elastic Search AI Platform, the event platform utilized by hundreds of firms, together with greater than 50% of the Fortune 500. Study extra at elastic.co.
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