# Elastio Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elastio-software

- Industry: Software
- Headquarters: Reston, US
- Website: www.elastio.com
- Total disclosed funding: $18M
- Latest round: Series A (Jun 5, 2023)
- Investors on record: 5

## About

Based in Virginia, US, and founded in 2019 by Najaf Husain (CEO), Najaf Husain, and Todd Fredrick, Elastio operates as a software company that focuses on protecting against cyberattacks by preventing malware and securing cloud data. In June 2023, Elastio raised USD 18 million in series A funding led by Venture Guides, with participation from Alumni Ventures Group, and Capri Ventures.

Elastio creates a recovery assurance platform that is specifically designed to detect compromises that affect data recovery ability. The company's platform provides a complete defense against threats that can bypass traditional defenses, reducing downtime, data loss, and reputational damage. Furthermore, the company's application protection platform provides continuous protection against malware, ransomware, and data associated with multiple application workflows to adaptable DevOps teams.

The company plans to use the June 2023 funding for further product development and sustain the demands of its customers.

## Funding rounds

- Series A, Jun 5, 2023, $18M — Bain Capital, Alumni Ventures Group, Capri Ventures, Uncorrelated Ventures, Venture Guides

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Capri Ventures (https://capitalatlas.ai/funds/capri-ventures) — Series A
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series A
- Venture Guides (https://capitalatlas.ai/funds/venture-guides) — Series A