Startup & Entrepreneurship
ParaBlu raises $500, 000 from Kalaari Capital
Cloud security startup ParaBlu has raised $500, 000 from Kalaari Capital as a part of the VC’s accelerator program KStart.
Vani Kola, the managing director of Kalaari Capital, said, “ParaBlu has a very strong team with deep understanding of the cloud security space. As cloud usage continues to increase within enterprises, there is tremendous opportunity ahead for ParaBlu’s unique product.”
Kstart is a seed program designed to empower next generation startups and accelerate disruptive ideas to become market-leading companies. The singular focus with KStart is to enable visionary founders to build game-changing businesses by combining all key factors necessary for startup success.
Founded by Anand Prahlad and Ananda Rao Ladi, ParaBlu provides Cloud Access Security Broker (CASB) enabled cloud security solutions for enterprises, helping them to store business assets.
Any business assets can be stored in the cloud while preserving its privacy, confidentiality and security. The product’s scalable architecture can support any user base regardless of how they’re spread out geographically.
ParaBlu is a team led by experts in security and data management with a record of three decades in engineering software solutions used across thousands of enterprises globally.