Parablu has raised more than $1 million in pre-Series A funding round

SaaS platform Parablu has raised more than $1 million in pre-Series A funding round drove by Inflection Point Ventures.

The funds raised will be used primarily for sales and marketing, targeted towards expanding appropriation channels and penetrating new markets in North America and to accelerate the engineering roadmap.

Established in 2015 by Anand and Subash, Parablu constructs undertaking class data management arrangements like data backup, archiving, content collaboration and secure record sharing, which can be seamlessly integrated with Microsoft 365, Google Workspace, Amazon Web Services and OneDrive.

The firm has established dispersion channels in India and the UAE and has started penetrating the US market by strengthening and setting up new dissemination channels in the North American market.

According to the company’s site the software is trusted by many global and national players like Starbucks, Sony, L&T, Godrej, Ceat, Polycab and Mahindra.