Fundz

Elastio Closes $18M In Series A Funding To Revolutionize Cloud Cyber Recovery

PRIVATEJun 15, 2023

Amount Raised

$18 Million

Round Type

Series A

RestonCyber Security

Investors

Uncorrelated VenturesBain Capital VenturesAlumni VenturesCapri VenturesVenture Guides

Description

Elastio's unique, cloud native recovery assurance platform bridges the gap between data protection and cybersecurity in the cloud. The solution mitigates the risks left by threats that evade perimeter security tools and the inability of backups to recover due to the presence of ransomware, malware, or corruption. At a time when many organizations are focused on cloud cost optimization, Elastio customers are pleased to note that not only does Elastio improve their security posture, but they are also realizing up to an 80% reduction in storage costs, often rendering the Elastio platform as budget positive in as little as 90 days.

Who to call at Elastio, and when

A new round usually means Elastio is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Elastio raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Elastio, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Elastio. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Elastio

Location

Reston, Virginia, United States

About

Elastio auto-detects new workloads in your AWS environment, scans them for ransomware, and creates highly recoverable, immutable backups that are compressed and deduplicated for cost efficiency. Elastio assures fast and successful recoveries of your applications by scanning each recovery point (as they are created) for ransomware and malware, performing automated recovery testing, storing them immutably, assuring a fast and successful recovery. Elastio auto-detects new workloads in your AWS environment, scans them for ransomware, and creates highly recoverable, immutable backups that are compressed and deduplicated for cost efficiency. Elastio is agentless, leverages AWS snapshots, and can ingest and secure existing snapshots. It reports on the recovery health of your infrastructure and enables your team to manage service-level objectives confidently. They are notified instantly regarding any potential weakness in your data protection defense posture. Request a Demo today to learn how Elastio: • Secures and Defends your AWS Snapshots from Ransomware and Cyberattacks • Monitors and Reports on the recoverability of your cloud infrastructure and applications • Pays for itself by reducing storage cost with deduplication and compression of your existing snapshots

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Elastio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Elastio's next move

See what Strategic adds

Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Elastio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.