About Paragon Software
Paragon Software is a company based in Irvine (United States) founded in 1994 was acquired by Openwave Mobility in March 2000.. Paragon Software has raised $14 million across 1 funding round from investors including 3Com, 3i Group and Kennet Partners. Paragon Software operates in a competitive market with competitors including Qumulo, Smarsh, Backblaze, Portworx and Lucidity, among others.
- Headquarter Irvine, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paragon Technologie Gmbh, Systemprogrammierung
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 1 rounds
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Latest Funding Round
$14 M (USD), Series A
Nov 22, 1999
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Investors
3Com
& 5 more
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Employee Count
Employee Count
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Acquired by
Openwave Mobility
(Mar 01, 2000)
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Funding Insights of Paragon Software
Paragon Software has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series A round of $14 million completed in November 1999. 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 — $14.0M
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First Round
First Round
(22 Nov 1999)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 1999 | Amount | Series A - Paragon Software | 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 Paragon Software
Paragon Software has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include 3Com, 3i Group and Kennet Partners. 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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Tech and offline focused VC firm investing primarily in the US and Europe
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Founded Year | Domain | Location | |
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Private equity firm focused on mid-market businesses
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Founded Year | Domain | Location | |
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Networking hardware and security systems are supplied for enterprise use.
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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 Paragon Software
| 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 - Paragon Software
| 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 |
Paragon Software Comparisons
Competitors of Paragon Software
Paragon Software 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 Qumulo, Smarsh, Backblaze, Portworx and Lucidity, 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 |
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| domain | founded_year | HQ Location |
Enterprise cloud storage management software is provided for various workloads.
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| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions' communications are provided.
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| domain | founded_year | HQ Location |
Cloud based platform offering storage management solutions
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| domain | founded_year | HQ Location |
Provider of a tool for developers and IT Ops to run containerized applications
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| domain | founded_year | HQ Location |
Cloud block storage management is facilitated through an intelligent platform.
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| domain | founded_year | HQ Location |
Data security and backup solutions are provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Paragon Software
Frequently Asked Questions about Paragon Software
When was Paragon Software founded?
Paragon Software was founded in 1994 and raised its 1st funding round 5 years after it was founded.
Where is Paragon Software located?
Paragon Software is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Paragon Software a funded company?
Paragon Software is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series A of $14M, raised on Nov 22, 1999.
What does Paragon Software do?
Paragon Software was founded in 1994 and is headquartered in Irvine, United States. Data storage management solutions are offered by the company for PCs, servers, and networks across Windows, Mac, and Linux platforms. Services include file system drivers, SDKs for Android and iOS, snapshots for Mac OEMs, and OS migration to SSD. A mobile division provides storage management for devices in the technology sector.
Who are the top competitors of Paragon Software?
Who are Paragon Software's investors?
Paragon Software has 6 investors. Key investors include 3Com, 3i Group, Kennet Partners, Hikari Tsushin, and Openwave Mobility.
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