Telstra was among the investors in the cloud app security company's $30m series B round, which will be used to expand its workforce.
US-based cloud application security technology provider Elastica closed a $30m series B round today backed by investors including telecommunications network Telstra.
Third Point Ventures, the venture capital arm of hedge fund Third Point, led the round, which also featured venture capital firms Mayfield Fund and Pelion Venture Partners.
Founded in 2012, Elastica has developed a platform that provides businesses with a range of security services for their cloud apps and services. It will use the funding to support expansion by…