Parablu has raised a Pre-Series A round of more than $ 1mn led by Inflection Point Ventures, India’s largest angel investment platform. The funds raised will be utilised primarily for sales & marketing, targeted towards expanding distribution channels and penetrating North American markets and accelerating the engineering roadmap. Parablu 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 innovative and unique integration with Microsoft 365 and Google G-Suite that makes it easier and less expensive for enterprises to adopt their solutions.
Source: The Hindu November 30, 2021 15:18 UTC