Bain Capital-backed Blue Coat to Acquire Elastica in $280M Deal
November 10, 2015
Blue Coat Systems, a Bain Capital portfolio company, has agreed to acquire cloud security provider Elastica for $280 million. Elastica’s CloudSOC platform offers security features including threat scoring powered by machine learning and analysis with remediation in a cloud application SOC, among others. Elastica had previously received funding from venture capital firms including Third Point Ventures, Mayfield Fund, Pelion Venture Partners and Telstra Ventures. Bain Capital acquired Blue Coat earlier this year for approximately $2.4 billion.