My question is where I can find logo elements like the one above with similar colors? Also, what is the font used?
The logo elements are called elipses. Standard shape in most any illustrator software. Cloned, rotated, and color added with transparency.
Granted, you don't want to make a logo that looks like that, as that logo obviously already exists.
The typeface appears to be a tightly tracked FontFont Olsen:
You don't want to find logo elements ;) you can create your own logo elements like that yourself using Adobe Illustrator or a simmilar software. This way you'll end up with something more closer to unique, not borrowed and seen in another 10 places.
For stuff like in your example I would use scripts for Illustrator, like fleurify and fractalize both created by John Wundes(both work with CS5). Have a look at the scripts on his website... I have lots of fun with them. You'll find instructions on how to install them. Its easy! Just copy them into the Presets/Scripts folder in Illustrator and then you'll find them under File > Scripts. (ask if you need more instructions).