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Elastica Accepts $30 Million VC Funding

Thursday, March 12, 2015 5:46:00 AM PDT | VentureDeal
   San Jose, California  --  Security technology company Elastica has secured $30 million in its Series B venture capital financing round.

Elastica has developed what it calls its CloudSOC solution that reimagines cloud security with the application of advanced data science and machine learning.

The system promises to provide enterprises with more flexible ability to scale their security protocols in a wide variety of environments.

Third Point led the round, which also included Mayfield Fund, Pelion Venture Partners and Telstra.

The company said it would use investment to fuel its global expansion, engineering efforts and marketing initiatives.

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