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Elastica Named a Top Private Company to Watch by AlwaysOn

Recognized for Innovation, Market Potential, Commercialization, Stakeholder Value and Media Buzz

SAN JOSE, CA -- (Marketwired) -- 05/19/14 -- Elastica, the leader in Data Science Powered™ Cloud Application Security, today announced that it has been selected by AlwaysOn as one of the OnDemand 50 Private Companies to Watch. Inclusion in the OnDemand Companies to Watch list signifies leadership amongst peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.

"There is a major shift underway, with enterprise employees preferring to use SaaS applications to stay competitive. For enterprises to whole-heartedly embrace SaaS applications, new innovations are needed for SaaS security. Elastica's Data Science Powered CloudSOC™ provides a single pane of glass for SaaS security for enterprises," said Rehan Jalil, President and CEO of Elastica.

The OnDemand Companies to Watch winners were selected from hundreds of technology companies nominated by investors, bankers, journalists and industry insiders. Elastica was selected by the AlwaysOn editorial team and industry experts spanning the globe based on five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

"This year, the top cloud infrastructure, SaaS and on-demand software players are making serious inroads into the enterprise and business community," said Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand winners list is jam packed with companies that are using the cloud to create and host imaginative, versatile apps. Mobile, business, consumer -- the on-demand universe is propelling the entire Global Silicon Valley into an interdependent, connected and mobile future."

A full list of the OnDemand Companies to Watch is available at: http://aonetwork.com/blogs/The-2014-OnDemand-50-Companies-Watch

About Elastica
Elastica is the leader in Data Science Powered™ Cloud Application Security. Its CloudSOC™ platform empowers companies to confidently leverage cloud applications and services while staying safe, secure and compliant. A range of Elastica Security Apps deployed on the extensible CloudSOC™ platform deliver the full life cycle of cloud application security, including auditing of shadow IT, real-time detection of intrusions and threats, protection against intrusions and compliance violations, and investigation of historical account activity for post-incident analysis. Elastica is venture-backed by the Mayfield Fund and is headquartered in San Jose, CA. Learn more about Elastica at http://www.elastica.net. Follow us on Twitter @ElasticaInc.

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