About Paradyn
Paradyn is a company based in Dublin (Ireland) founded in 2018.. Paradyn has raised $4.66 million across 1 funding round from investors including Netforce ERP, Irish Telecom and Exigent Networks. Paradyn offers products and services including Managed Infrastructure, Security Solutions, and Backup and DR. Paradyn operates in a competitive market with competitors including 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
- Headquarter Dublin, Ireland
-
Sectors
TelecommunicationsTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Exigent Network Integration Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.66 M (USD)
in 1 rounds
-
Latest Funding Round
$4.66 M (USD), Series A
Jun 01, 2018
-
Investors
Netforce ERP
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Paradyn
Paradyn offers a comprehensive portfolio of products and services, including Managed Infrastructure, Security Solutions, and Backup and DR. 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 ongoing management of IT infrastructure for businesses
Offers protection and monitoring against cyber threats
Ensures secure data backup and disaster recovery services
Unlock access to complete
Funding Insights of Paradyn
Paradyn has successfully raised a total of $4.66M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.66 million completed in June 2018. 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 1
- Last Round Series A — $4.7M
-
First Round
First Round
(01 Jun 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Paradyn | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paradyn
Paradyn has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Netforce ERP, Irish Telecom and Exigent Networks. 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 |
|---|---|---|---|---|
|
Exigent Networks provides network services as a leading provider based in Ireland.
|
Founded Year | Domain | Location | |
|
Business communication services provider
|
Founded Year | Domain | Location | |
|
Open source ERP software is supplied for business operations.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Paradyn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Paradyn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paradyn Comparisons
Competitors of Paradyn
Paradyn 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 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, 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 |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
|
|
| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
|
|
| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
|
|
| domain | founded_year | HQ Location |
Telecommunication services are delivered across Sri Lanka by Dialog Axiata.
|
|
| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Paradyn
Frequently Asked Questions about Paradyn
When was Paradyn founded?
Paradyn was founded in 2018.
Where is Paradyn located?
Paradyn is headquartered in Dublin, Ireland.
Who is the current CEO of Paradyn?
Cillian McCarthy is the current CEO of Paradyn.
Is Paradyn a funded company?
Paradyn is a funded company, having raised a total of $4.66M across 1 funding round to date. The company's 1st funding round was a Series A of $4.66M, raised on Jun 01, 2018.
What does Paradyn do?
Paradyn is a provider of managed connectivity services. Paradyn is the amalgamation of Irish Telecom, Netforce, and Exigent Networks. Offers infrastructure services, MSP, and security services. Infrastructure services offered include network, serverstorage, desktop, security, wireless, telephony, maintenance, remote monitoring management. Also provides managed internet access, managed WAN, SDWAN, SIP Trunks, cloud access, managed infrastructure, service desk, managed security, flexible computing, managed email, infrastructure security, managed security, security software, and compliance. Partners include Cisco, Dell, Microsoft, SonicWall, ShoreTel, VMware, Veeam, Nutanix, Ceragon, etc. GlaxoSmithKline, Louth County Council, Waterford County Council, etc are few.
Who are the top competitors of Paradyn?
What products or services does Paradyn offer?
Paradyn offers Managed Infrastructure, Security Solutions, and Backup and DR.
Who are Paradyn's investors?
Paradyn has 3 investors. Key investors include Netforce ERP, Irish Telecom, and Exigent Networks.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.