ElastiFlow: Network Observability Solutions Company Secures $3 Million

By Dan Anderson • Dec 29, 2023

ElastiFlow – a leading provider of network observability solutions – recently announced the successful completion of a $3 million seed funding round led by Venture Guides. This investment will fuel the ElastiFlow mission to redefine the landscape of network observability and accelerate the company’s growth.

ElastiFlow also unveiled an innovative adaptation of the new Elastic Time Series Data Streams (TSDS) offering. And ElastiFlow has redesigned this product to reduce unsampled Flow Data Storage Costs significantly. And with ElastiFlow TSDS, customers can realize savings of up to 70%, making the collection of unsampled flow data more economical and efficient than ever before.

ElastiFlow TSDS enables enterprises to collect unsampled flow data more efficiently. And most enterprises default to collecting sampled flow, sacrificing the valuable security and network traffic insights that unsampled network flow data can reveal. This is especially the case now that enterprises see the actual value of AI and ML models. The ElastiFlow Open Data approach to Network Observability enables enterprises to collect, transform, normalize, translate, and enrich network records and realize valuable insights by exposing security, application, and network data to AI and ML models.

KEY QUOTES:

“We are thrilled to have Venture Guides as our early investors and partners in this exciting journey. Their confidence in ElastiFlow’s vision and their mentorship have been invaluable. This funding enables us to build our team to accelerate our product innovation and revenue growth.”

  • Robert Cowart, CEO of ElastiFlow

“We have been thoroughly impressed with the ElastiFlow leadership team and their deep domain expertise,” said Ben Nye, Managing Partner at Venture Guides. “Customers love ElastiFlow’s open data approach to network and security and the role it will play in shaping the future of observability.”

  • Ben Nye, Managing Partner at Venture Guides