Business Standard

Data management platform Parablu raises $1 mn in pre-Series A round

The SaaS company builds secure, enterprise-class data management solutions

valuation, start-ups, startups, funding, fundraising, investors, investments, capital
Premium

BS Reporter Bengaluru
Data management platform Parablu has raised more than $1 milliona in a Pre-Series A funding round, led by Inflection Point Ventures. The funds raised will be utilised primarily for sales and marketing, expanding distribution channels and penetrating new markets in North America, and to accelerate the engineering roadmap.

The SaaS company builds secure, enterprise-class data management solutions. The start-up 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 the platform.

Parablu has its headquarters in California

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 30 2021 | 1:10 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com