Elastica acquired by Symantec

Elastica specializes in cloud security solutions, focusing on data science-powered security for SaaS applications and cloud services. Founded in 2012 and headquartered in the San Jose area of California, Elastica was venture-backed and raised $45.8 million before being acquired by Blue Coat Systems in 2015. This acquisition integrated Elastica into Symantec's cybersecurity portfolio. The company's primary offering is the Elastica CloudSOC, a security operations center designed for cloud applications. This platform combines data science, visualization, and intuitive controls to ensure transaction-level security. Elastica serves various industries, including energy, healthcare, and financial services, providing relevant solutions for organizations that rely on cloud-based applications. The company is recognized for its use of artificial intelligence in developing its security solutions, emphasizing comprehensive insights and controls for managing cloud security risks.