Searchlight is an OpenStack project that provides advanced indexing and search capabilities across multi-tenant cloud resources using Elasticsearch. It was originally developed as an experimental feature of Glance called the "Glance Catalog Index Service" but has expanded to index other resources like Nova instances. The current priorities for Searchlight in the Liberty release include completing the separation from Glance, adding deployment options, indexing additional resources like Glance images and Nova instances, initial Horizon integration, and improving documentation. The long term vision is for Searchlight to provide a unified search interface across all major OpenStack services.