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SAN JOSE, CA -- (Marketwired) -- 07/09/14 -- Elastica, the leader in Data Science Powered™ Cloud Application Security, today announced that it has been selected from thousands of nominations of domestic and international technology companies as one of the AlwaysOn Global 250 Top Private Companies: http://aonetwork.com/blogs/Announcing-the-2014-AlwaysOn-Global-250-Top-Private-Companies.

Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. Elastica was selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

This is the third honor Elastica has received since launching in February of this year. In March, Network World named the company one of 12 Hot Security Start-ups You Need to Know, and in May, AlwaysOn named the company one of the OnDemand 50 Private Companies to Watch.

"Adoption of SaaS applications has been on a steep ramp, as enterprises strive to reduce costs and improve business agility," said Rehan Jalil, President and CEO of Elastica. "Elastica's innovative CloudSOC solution helps organizations embrace this new paradigm by providing critical visibility and security for these SaaS apps."

"The Global Silicon Valley is responding to shifting user patterns, as the desktop gives way to mobile devices. Business users are demanding seamless anytime, anywhere access their information -- while consumers continue to ride the bleeding edge, creating and using the most powerful media applications technology has to offer," said Tony Perkins, founder and editor of AlwaysOn. "More legacy industries are being redefined by the innovation community, making the companies on this year's AlwaysOn Global 250 the highest-growth opportunities in today's private company marketplace."

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.