Parablu data management platform raises $ 1 million in pre-series A funding round

Data management platform Parablu has raised more than $ 1 million in a pre-Series A funding round, led by Inflection Point Ventures. The funds raised will be used primarily for sales and marketing, expansion of distribution channels and penetration of new markets in North America, and to accelerate the engineering roadmap.

The SaaS company creates secure, enterprise-class data management solutions. The start-up has created a stack of solutions where data privacy is built in, and also forged an integration with Microsoft 365 and Google G-Suite that makes it easier and cheaper for businesses to adopt the platform.

Parablu is headquartered in California and has a 100% subsidiary in India. Ankur Mittal, Co-Founder of Inflection Point Ventures, said: β€œThe company has a strong lead generation and business development team in India, and with the fundraising, it is ready to build strong teams. similar to the United States.

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