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RSAC ISBISB 2013Acquired

Elastica

Cloud Security

Cloud application security broker (CASB) with data science-driven threat detection.

Founded
2012
ISB Year
2013
Raised
$36.3M
Exit Price
$280M
Years to Exit
3 years
Year Acquired
2015

Funding & Investors

Total Funding

$36.3M

Rounds

Series A ($6.3M), Series B ($30M)

Key Investors
Mayfield FundThird Point VenturesPelion Venture Partners

Outcome

Acquisition

Acquired by Blue Coat Systems in 2015 for $280M; Blue Coat later acquired by Symantec

Lesson Learned

CASB was one of the hottest security categories of 2014-2016. Lesson: when Gartner creates a Magic Quadrant for your category, it's time to sell or scale fast.