Private Equity

Angel Investments

Data security solutions provider Parablu raises $1-M led by IP Ventures

Press Release  

Bengaluru-based enterprise SaaS platform Parablu has raised over USD 1 million in pre-Series A funding led by Inflection Point Ventures. It will use the funds to expand distribution channels, penetrate new markets in North America, and to accelerate the engineering roadmap. Parablu has created a solution stack where data privacy is built-in and has also forged an integration with Microsoft 365 and Google G-Suite that makes it easier and less expensive for enterprises to adopt their solutions.

From the Venture Intelligence PE-VC Deal Database: In Jun-16, Parablu raised $0.5 M from Kalaari Capital.