# Elastera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elastera

- Industry: Internet
- Headquarters: London, UK
- Website: www.elastera.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Apr 5, 2014)
- Investors on record: 1

## About

Elastera is a technology firm specializing in advanced solutions for data management and scalability, targeting eCommerce businesses to enhance operational performance and efficiency.Founded in 2013 in London, UK, Elastera focuses on providing innovative data solutions. The company was established by Osvaldo Spadano and Zachary Stevens. In April 2014, Elastera secured GBP 150,000 in Seed funding from Beacon Capital, valuing the company at GBP 1.12 million post-money. The firm has completed one deal to date.Elastera specializes in offering robust cloud data management solutions designed to enhance the performance and scalability of eCommerce platforms. Their services focus on improving operational efficiency for businesses across various industries, including fashion, beauty, and retail, while targeting clientele in Europe and North America.Elastera generates revenue through a subscription-based model that provides comprehensive data management services complemented by technical support. Clients typically engage in long-term contracts that ensure steady revenue streams while receiving ongoing optimization and problem resolution services.Elastera intends to utilize the recent Seed funding for product development and market expansion. The company is focusing on enhancing its data management offerings with new features expected to be launched in late 2024. Additionally, Elastera plans to expand into the Asian market by mid-2025, seeking to establish strategic partnerships that will facilitate their entry into this region.

## Funding rounds

- Seed, Apr 5, 2014, $0.3M — Beacon Capital

## Investors

- Beacon Capital (https://capitalatlas.ai/funds/beacon-capital) — Seed