# ParaBlu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parablu

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.parablu.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Oct 20, 2021)
- Investors on record: 2

## About

ParaBlu Inc. specializes in enterprise-ready cyber resilience and data protection solutions, focusing on data backup, recovery, and management services for various industries including finance, healthcare, and technology.ParaBlu Inc., founded in 2014 and headquartered in Santa Clara, US, provides data protection solutions. The company raised USD 0.09 mn in a Series A funding round led by Inflection Point Ventures on October 20, 2021, bringing the total amount raised to USD 0.09 mn with a current valuation of USD 5.941 mn. The CEO, Anand Prahlad, has experience in leading technology firms and has previously been involved in the establishment of other companies.ParaBlu, now part of CrashPlan, specializes in enterprise-ready cyber resilience and data protection solutions. The company's core offerings include data backup, recovery, and management services designed to secure sensitive information across various platforms. Their products address critical use cases such as ransomware protection, data loss prevention, and compliance with data governance regulations. ParaBlu's solutions cater to a diverse clientele, including small to medium-sized enterprises and large corporations across industries such as finance, healthcare, and technology. The company markets its services globally, focusing on regions such as North America, Europe, and Asia-Pacific, ensuring a broad reach to customers who require robust data protection measures.The revenue structure of ParaBlu primarily revolves around subscription-based models for its data protection solutions. Clients engage in annual or multi-year subscriptions that provide access to continuous data backup and recovery services. This transaction framework allows businesses to scale their data management needs while ensuring comprehensive support and updates. Specific pricing plans are tailored to the needs of various customer segments, encompassing individual users to large enterprises, and often include tiered options based on features and storage capacity. The flagship offerings, which are integral to ParaBlu's portfolio, solidify its position in the market, fostering long-term relationships with customers who require reliable data security solutions.In October 2021, ParaBlu Inc. raised USD 0.085 mn in Series A venture funding to support its growth initiatives. The company plans to utilize this funding for sales and marketing efforts, expanding its distribution channels while penetrating new markets in North America. Additionally, ParaBlu aims to accelerate its engineering roadmap to enhance its product offerings. Specific upcoming products and release dates have not been disclosed.

## Funding rounds

- Series A, Oct 20, 2021, $0.1M — Inflection Point Ventures
- Seed, Jun 24, 2016, $0.5M — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed
- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Series A