About Parablu
Parablu is a company based in San Francisco (United States) founded in 2014 by Anand Prahlad and Subash Baliga was acquired by Crashplan in October 2024.. Parablu has raised $1.5 million across 2 funding rounds from investors including Crashplan, Kstart and IP Ventures. The company has 36 employees as of April 01, 2024. Parablu offers products and services including Data Protection Solutions. Parablu operates in a competitive market with competitors including Box, Acronis, WeTransfer, Veeam and Rubrik, among others.
- Headquarter San Francisco, United States
- Employees 36 as on 01 Apr, 2024
- Founders Anand Prahlad, Subash Baliga
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parablu Systems Private Limited
- Date of Incorporation 08 Feb, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$760.72 K (USD)48.61as on Mar 31, 2023
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Net Profit
$-27.1 K (USD)70.36as on Mar 31, 2023
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EBITDA
$-6.98 K (USD)91.8as on Mar 31, 2023
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Total Equity Funding
$1.5 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Nov 30, 2021
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Investors
Crashplan
& 2 more
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Employee Count
36
as on Apr 01, 2024
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Acquired by
Crashplan
(Oct 08, 2024)
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Products & Services of Parablu
Parablu offers a comprehensive portfolio of products and services, including Data Protection Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides tools for enterprise data safeguarding and resilience.
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Funding Insights of Parablu
Parablu has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.0M
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First Round
First Round
(23 Jun 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Parablu | Valuation | Inflection Point Ventures |
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| Jun, 2016 | Amount | Seed - Parablu | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parablu
Parablu has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Crashplan, Kstart and IP Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Website maintenance and user services are operated by Kstart.
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Founded Year | Domain | Location | |
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Cloud-based data backup and recovery solutions are provided by CrashPlan.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Parablu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Parablu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parablu Comparisons
Competitors of Parablu
Parablu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Acronis, WeTransfer, Veeam and Rubrik, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
Cloud-based enterprise management solutions including backup and recovery are provided.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and file transfer application
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| domain | founded_year | HQ Location |
IT backup and recovery solutions are provided via cloud platform.
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| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parablu
Frequently Asked Questions about Parablu
When was Parablu founded?
Parablu was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Parablu located?
Parablu is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Parablu?
Anand Prahlad is the current CEO of Parablu. They have also founded this company.
Is Parablu a funded company?
Parablu is a funded company, having raised a total of $1.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 23, 2016.
How many employees does Parablu have?
As of Apr 01, 2024, the latest employee count at Parablu is 36.
What is the annual revenue of Parablu?
Annual revenue of Parablu is $760.72K as on Mar 31, 2023.
What does Parablu do?
Founded in 2014 and based in San Francisco, United States, Parablu operates in the data protection sector. Solutions for securing enterprise data against ransomware and similar threats are delivered through a platform. Endpoint backup, managed file transfer, and server backup services are included to support reliability and regulatory compliance across business operations.
What products or services does Parablu offer?
Parablu offers Data Protection Solutions.
Who are Parablu's investors?
Parablu has 3 investors. Key investors include Crashplan, Kstart, and IP Ventures.
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