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SAN JOSE, CA -- (Marketwired) -- 03/04/15 -- Elastica (www.elastica.net), the leader in Data Science Powered™ Cloud Application Security, today announced that Info Security Products Guide, the industry's leading information security research and advisory guide, has named Elastica as a finalist in the "Innovation in Cloud Security" and "Startup of the Year" categories for the 11th Annual 2015 Global Excellence Awards.

These prestigious global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that raise the bar in all areas of security and technology. The Startup of the Year category honors the company as one of the best new startups in the security and IT industries. The Innovation in Cloud Security category honors Elastica for providing a data-science powered solution used by enterprises to detect threats, gain visibility within expanding cloud environments, and protect sensitive data against breaches and compliance violations.

"Enterprises recognize that Google Drive, Box, Microsoft Office 365 and other cloud applications and services provide advantages that save time and money while adding efficiency. They also know that using any of these services without effective security and compliance in place can lead to breaches and compliance violations that cost organizations millions in losses," said Rehan Jalil, CEO of Elastica. "We are pleased to have been chosen for this honor. It validates our innovative approach to cloud security which is being used by numerous global organizations to reduce cloud-related risks and protect sensitive information."

Elastica continuously protects organizations' sensitive data as they adopt cloud applications and services by revealing Shadow IT and shadow data, and by providing data governance, compliance risk mitigation and powerful tools for incident response and post-incident analysis. The Elastica CloudSOC platform harnesses advanced data science and machine learning to deliver granular visibility of real-time traffic, advanced anomaly detection to identify threats, and real-time content classification. Granular policies can be created and enforced in real time to prevent data breaches, compliance violations and exposure of sensitive data. The SaaS-based delivery model allows organizations to easily deploy the solution with no on-site software or hardware required.

For more information about Elastica, please visit http://www.elastica.net.

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About Info Security Products Guide Awards
SVUS Awards organized by Silicon Valley Communications are conferred in 10 annual award programs: The Info Security's Global Excellence Awards, The IT Industry's Hot Companies and Best Products Awards, The Golden Bridge Business and Innovation Awards, and Consumer World Awards, CEO World Awards, Customer Sales and Service World Awards, The Globee Fastest Growing Private Companies Awards, Women World Awards, PR World Awards, and Pillar Employee Recognitions World Awards. These premier awards honor organizations of all types and sizes from all over the world including the people, products, performance, PR and marketing. To learn more, visit www.svusawards.com

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. Learn more about Elastica at http://www.elastica.net.