“We took a hard look at the value businesses see in cloud computing. It was clear that enterprises need a complete and integrated way to manage entire applications in cloud environments. We feel ELASTRA has set their sights on the right segment of the market – enterprises whose applications need a holistic, architected approach to managing cloud-based systems rather than libraries of machines that are tied together with random scripts,” said Neal Dempsey, Partner, Bay Partners. “Elastra’s management team consists of seasoned professionals with an enterprise software background who have built software companies before. We are excited to back this group and support them in bringing their product to an untapped and eager market segment.”