What is Parablu?
Parablu, now integrated with CrashPlan following an acquisition, specializes in enterprise-ready cyber resilience and data protection solutions. The company focuses on enhancing data security services, providing robust data protection designed to meet the stringent requirements of businesses seeking reliable and comprehensive data management. Their offerings are geared towards organizations prioritizing strong data security and continuity.
How much funding has Parablu raised?
Parablu has raised a total of $1.5M across 2 funding rounds:
Unspecified
$500K
Other Financing Round
$1M
Unspecified (2016): $500K with participation from Kstart
Other Financing Round (2021): $1M led by Inflection Point Ventures
Key Investors in Parablu
Kstart
Kstart is a seed program dedicated to empowering Indian entrepreneurs to build significant businesses, aiming for long-term founder relationships and early-stage contributions.
Inflection Point Ventures
Inflection Point Ventures is an investment firm that backs founder-driven technology product companies, leveraging a network of partners to support innovative startups poised for growth and disruption.
What's next for Parablu?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Parablu's cyber resilience and data protection services. This capital infusion is likely to fuel further development of their security solutions, enhance market penetration, and potentially support strategic partnerships or acquisitions. The company is positioned to leverage this backing to solidify its standing in the competitive data protection landscape.
See full Parablu company page
