About Paranet
Paranet is a company based in Dallas (United States) founded in 1991. It operates as a Managed Services and Professional Services. Paranet offers products and services including Managed IT Services, Cybersecurity, Security Ops, and M&A Assessments. Paranet operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Dallas, United States
- SectorsTechnology
- Phone•••• ••••
- Website paranet.com
- Social LinkedIn X
- Legal Name Paranet Solutions
- Investors
Products & Services of Paranet
Paranet offers a comprehensive portfolio of products and services, including Managed IT Services, Cybersecurity, Security Ops, and M&A Assessments.
IT systems are managed for efficiency and reliability.
Networks and data are protected from cyber threats.
Cybersecurity operations are ensured for client confidence.
IT infrastructure is analyzed during M&A processes.
Funding Insights of Paranet
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Paranet 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 |
|---|---|---|---|---|---|
| Feb 2009 | – | Private Equity Round | – | Augury Capital Partners | – |
1 investors in total: 1 institutional.
Investors in Paranet
Paranet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Augury Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | augurycapital.com | - |
Investor details for Paranet
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.
People of Paranet
6 people are tracked at Paranet (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Steve Gunner | President IT Staffing | Leadership |
Jim Crocco | Chief Executive Officer | Leadership |
Thomas Garnett | Director Of Services | Leadership |
Boris Sheftser | Senior Network Engineer | Team |
Kenneth Pacheco | Senior System Engineer | Team |
Tabias Edwards | L1 System Engineer | Team |
Complete people profiles for Paranet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Paranet
2 dated milestones of Paranet across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Paranet is founded.
- Funding First funding round.
Competitors of Paranet
Paranet 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of Paranet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Paranet
The website of Paranet (paranet.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 28.2% vs previous month
Websites whose visitors overlap most with Paranet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| unity.ie | 100% | – | – | View details | |
| databranch.com | 100% | 1.5K | #9,359,721 | View details | |
| systemsassurance.com | 89% | – | – | View details | |
| convergencenetworks.com | 83% | 7.8K | #2,782,586 | View details | |
| origina.com | 80% | 18.4K | #1,245,458 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Paranet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Paranet
Complete news archive for Paranet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Paranet
10 companies that operate in the same segment as Paranet (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Paranet
Paranet was founded in 1991 and raised its 1st funding round 18 years after it was founded.
Paranet is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Paranet Solutions is engaged in delivering managed IT and cybersecurity services. These services are designed to ensure efficient, reliable, and secure IT systems for clients across various sectors, including healthcare and private equity. Comprehensive solutions are offered, encompassing cybersecurity to protect networks and data, security operations for client confidence, managed IT services for operational efficiency, and MA assessments for detailed infrastructure analysis. Support is provided 247 to address client needs and facilitate business expansion with robust security measures.
Paranet's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Paranet offers Managed IT Services, Cybersecurity, Security Ops, and M&A Assessments.
Paranet has 1 investor. Key investors include Augury Capital Partners.
Paranet operates through Paranet Solutions.