Elastio Rakes in USD 18M in a Series A Funding Round to Revolutionize Cloud Cyber Recovery

Elastio Rakes in USD 18M in a Series A Funding Round to Revolutionize Cloud Cyber Recovery

Elastio cloud native recovery assurance platform that helps businesses to bridge the data protection and cybersecurity gap in the cloud. The company revealed that they had raised USD 18 million in investment in a Series A fund round led by led by Venture Guides, new investors Alumni Ventures, and Capri Ventures, with substantial participation from current investors Bain Capital Ventures and Uncorrelated Ventures.

The solution remediates the risks exposed by threats that evade perimeter security tools and the incapability of backups to recover due to the existence of ransomware, malware, or corruption.

Read More: Elastio Closes $18M in Series A Funding to Revolutionize Cloud Cyber Recovery

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