About Parablu
Parablu is a Technology company based in San Francisco (United States) founded in 2014 by Anand Prahlad and Subash Baliga, and was acquired by Crashplan in October 2024. Data security and backup solutions are provided for enterprises. Parablu has raised $1.5 million across 2 funding rounds from investors including Crashplan, Kstart and IP Ventures. The company has 36 employees. Its chief executive, as recorded, is Anand Prahlad. Its Indian entity Parablu Systems Private Limited reported revenue of ₹6.89 Cr. Parablu offers products and services including Data Protection Solutions. Its focus areas include Enterprise Applications, Enterprise Collaboration, EFSS and Enterprise Infrastructure. Its competitors include Box, Veeam and Rubrik; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Employees 36
- Founders Anand Prahlad, Subash Baliga
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website parablu.com
- Social LinkedIn X
- Acquired by Crashplan (Oct 2024)
- Legal Name Parablu Systems Private Limited
- Date of Incorporation 08 Feb, 2012
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹6.89 Cr
FY 2024 · +9% YoY
- Indian entity net loss-₹78.3 Lakh
FY 2024 · -11% margin
- Indian entity EBITDA-₹68.9 Lakh
FY 2024 · -10% margin
- Total Equity Funding$1.5M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Nov 2021
- InvestorsCrashplan
& 2 more
- Employee Count36
- Acquired byCrashplan
(Oct 2024)
Associated legal entities of Parablu
Parablu operates through Parablu Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parablu Systems Private Limited CIN U72200KA2012PTC062454 | Active | 08 Feb 2012 | Bangalore, Karnataka | ₹6.9 Cr | 36 | 2 | View details |
Products & Services of Parablu
Parablu offers a comprehensive portfolio of products and services, including Data Protection Solutions.
Provides tools for enterprise data safeguarding and resilience.
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 $1.5M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $500,000
(Jun 2016)
- Investors Count 2
All 2 funding rounds of Parablu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $1M | Seed | – | Inflection Point Ventures | – |
| Jun 2016 | $500,000 | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Website maintenance and user services are operated by Kstart. | 2016 | kstart.in | Bengaluru, India | |
Cloud-based data backup and recovery solutions are provided by CrashPlan. | 2005 | crashplan.com | Minneapolis, United States |
Investor details for Parablu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Parablu Systems Private Limited (Parablu)
Parablu Systems Private Limited is the primary company behind Parablu. The board of Parablu Systems Private Limited currently have 2 directors; the longest-serving is Richard Daniel Summers, appointed in 2024. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Richard Daniel Summers DIN 08556313 | Director | 28 Sep 2024 | 2 yrs 1 mo | Parablu Systems Private Limited |
| Subash Baliga DIN 05185026 | Director | 28 Sep 2024 | 2 yrs 1 mo | Parablu Systems Private Limited |
People of Parablu
10 people are tracked at Parablu (4 in leadership, 6 in team); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
Anand Prahlad | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership | |
Randy De Meno | Chief Strategy Officer | Leadership |
Praveen -A | Head Of Engineering | Leadership |
Kshitij Raju | Customer Success Manager | Team |
Koti Reddy | Technical Manager | Team |
Neetu Prasad | Regional Sales- West & North | Team |
Suresh Rajendran | Senior Site Reliability Engineer | Team |
Santhosh Kumar | QA Engineer | Team |
Shankar Naik | Junior Software Engineer | Team |
Complete people profiles for Parablu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Financials of Parablu
Figures of Parablu Systems Private Limited, the primary company behind Parablu, for FY 2024. Revenue was ₹6.89 Cr (+9% year on year). Net loss was -₹78.3 Lakh (-11% margin). EBITDA was -₹68.9 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +72% over three years and +18% over five years.
- ₹6.89 CrRevenue · FY 2024 · +9% YoY
- -₹78.3 LakhNet loss · -11% margin
- -₹68.9 LakhEBITDA · -10% margin
- ₹1 LakhPaid-up capital
- 36Employees (provident fund records)
- +72%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Parablu Systems Private Limited are on its company page.
Detailed financial statements for Parablu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Parablu
4 dated milestones of Parablu across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Parablu is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Seed, of $1.0M.
- Exit Acquired by Crashplan.
Competitors of Parablu
Parablu has 3 listed competitors in our database, 3 of them funded. They include Box, Veeam and Rubrik.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| box.com | 2005 | Redwood, United States | $692.63M | AI-based platform for secure collaboration and content management is utilized. | ||
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. |
Detailed competitors of Parablu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Parablu
Websites that share an audience with Parablu (parablu.com).
Websites whose visitors overlap most with Parablu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wasabi.com | 100% | 341.2K | #155,214 | View details | |
| specopssoft.com | 60% | 166.5K | #252,158 | View details | |
| keepit.com | 60% | 56.9K | #475,202 | View details | |
| kirkpatrickprice.com | 60% | 24.4K | #1,429,173 | View details | |
| n-able.com | 60% | 719.7K | #91,278 | View details |
Top companies in Enterprise Storage
3 companies that operate in the same segment as Parablu (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Parablu
Complete news archive for Parablu
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Frequently Asked Questions about Parablu
Parablu was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Parablu is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Anand Prahlad is the CEO of Parablu, as recorded in our data. They have also founded this 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 2016.
Parablu has 36 employees.
The primary company behind Parablu, Parablu Systems Private Limited, reported revenue of ₹6.89 Cr for FY 2024, up 9% year on year.
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.
Parablu offers Data Protection Solutions.
Parablu has 3 investors. Key investors include Crashplan, Kstart, and IP Ventures.
Parablu operates through Parablu Systems Private Limited.
Yes. Parablu was acquired by Crashplan in October 2024.