How Much Did Paragon Software Group Raise?
Funding & Key Investors

Paragon Software Group has solidified its position as a foundational player in the data management sector, securing a total capital infusion of $14M. This trajectory was significantly bolstered by a major strategic investment of $14M, which served to accelerate the firm's development of critical storage management and file system technologies. By maintaining a focus on heterogeneous platform compatibility, the company has successfully navigated the complexities of enterprise-level data recovery and safekeeping since its inception in 1994.

What is Paragon Software Group?

Paragon Software Group
SoftwareStorage & System Management SoftwareSecurity Software

Headquartered in Irvine, California, Paragon Software Group operates as a specialized provider of low-level software tools and robust data solutions. The firm distinguishes itself through deep technical expertise in file system drivers and storage management, catering to the rigorous demands of modern business environments. By bridging the gap between disparate operating systems and hardware architectures, Paragon ensures the integrity and availability of mission-critical information, positioning itself as an essential partner for organizations managing complex, multi-platform digital infrastructures.

How much funding has Paragon Software Group raised?

Paragon Software Group has raised a total of $14M across 1 funding round:

1999

Unspecified

$14M

Unspecified (1999): $14M with participation from 3Com and Hambrecht & Quist

Key Investors in Paragon Software Group

3Com

A legacy networking giant that historically focused on enterprise connectivity and infrastructure hardware solutions.

Hambrecht & Quist

A prominent investment banking firm known for its historical role in financing high-growth technology companies during the late 20th century.

What's next for Paragon Software Group?

With a proven track record in the storage and recovery space, the company is well-positioned to leverage its historical financing to address the evolving challenges of cloud-native data management and cybersecurity. The strategic deployment of capital will likely focus on enhancing its proprietary driver technology and expanding its footprint in the enterprise software market. As data volumes continue to scale, Paragon Software Group remains focused on refining its core competencies to meet the next generation of storage requirements, ensuring that its technological stack remains at the forefront of industry standards for reliability and performance.

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Frequently Asked Questions Regarding Paragon Software Group Financial Insights

What are the most recent funding rounds that Paragon Software Group has completed, and what were the funding rounds?
Paragon Software Group has recently completed 1 funding rounds: Unspecified on Nov 22, 1999.
What is the total amount of funding Paragon Software Group has raised to date?
Paragon Software Group has raised a total of $14M in funding to date.
How many funding rounds has Paragon Software Group completed?
Paragon Software Group has completed 1 funding rounds.
How much funding did Paragon Software Group raise in its most recent funding round?
Paragon Software Group raised $14M in its most recent funding round.
Who are the lead investors in Paragon Software Group's latest funding round?
The lead investor in Paragon Software Group's latest funding round was 3Com. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Paragon Software Group's history?
The largest funding round in Paragon Software Group's history was $14M.
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