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Elastio raises $18M

By TechTaffy Desk

Reston, VA-based Elastio, a company providing backups and recovery as a service, has raised $18 million in a Series A round.

The investment in Elastio was led by Venture Guides, with participation from Capri Ventures, and Alumni Ventures. Existing investors Bain Capital Ventures and Uncorrelated Ventures also invested in the Series A round.

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