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Cloud app security software startup Elastica raises $6.3 million in funding

Cloud app security software startup Elastica emerged from stealth on Tuesday with $6.3 million in Series A funding. The San Jose company led by CEO Rehan Jalil said that the funding came from theMayfield Fund. Elastica said its advisers include Rayid Ghani, chief scientist of Obama’s 2012 campaign; Tom Reilly, former CEO of Arcsight and current CEO of Cloudera;M.C. Srivas, founder of MapR; and Ion Stoica, professor at UC Berkeley.

It ain’t easy for an IT manager to remember which cloud applications employees are using and what exactly is ending up in the cloud. And that’s why Elastica today announced $6.3 million from the Mayfield Fund, according to a press release. Elastica says it applies data science to data like web traffic, application programming interface (API) usage, firewalls, and devices. In doing so, it can sense threats coming from certain actions and specific users. It provides applications for detecting malware, setting security policy across multiple cloud software, auditing current usage of cloud services like Salesforce.com and Microsoft Office 365, and investigating historical activity across cloud services. Managers can chat with each other on mobile devices when Elastica discovers issues.

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Written by Brian Molidor

Brian Molidor is Editor at Social News Watch. Find him on Twitter, Facebook, and Pinterest.

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