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Venture Capital News: Elastio Announces Oversubscribed $18M Series A

2023-06-15
RESTON, VA, Elastio today announced an oversubscribed $18 million Series A investment.
The round was led by Venture Guides, new investors Capri Ventures, and Alumni Ventures, with strong participation from existing investors Bain Capital Ventures and Uncorrelated Ventures.

Elastio's recovery assurance platform protects data from threats evading perimeter defenses and mitigates downtime, data loss, and reputational harm for businesses. Engineered for the cloud with agentless architecture, Elastio continuously monitors mission-critical data to detect compromises that impact recoverability. Elastio deploys in fifteen minutes, provides best-in-class application protection and recovery, and delivers immediate time-to-value.
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