Inflection Point Ventures (IPV), a prominent angel investing platform, has announced its exit from Parablu, a leading data protection company, achieving an impressive 2.2X MoM return over 36 months and delivering more than 30% IRR for its investors. This successful exit brings IPV’s total number of successful exits to 47, underscoring the platform’s consistent track record of generating high-value returns.
Parablu’s exit highlights IPV’s effective strategy of investing in visionary founders, disruptive business models, and startups that offer exceptional value at reasonable valuations. IPV’s support for Parablu, including a $1.5 million investment alongside other investors, played a critical role in helping the company scale rapidly and solidify its position in the enterprise data management space.
In a significant industry development, Parablu has been acquired by CrashPlan, a global leader in cyber-ready data resilience. This acquisition enhances CrashPlan’s ability to protect critical enterprise data from threats such as deletion, ransomware, and service disruptions, marking an important step forward in the growing need for robust data resilience solutions in today’s cloud-first world.
Co-founded by Anand Prahlad, Kameswaran Subramanian, and Subash Baliga, Parablu specializes in data security and backup solutions tailored for enterprises. Their offerings, including endpoint backup, managed file transfer, and server backup, have helped businesses ensure data security, reliability, and compliance in the face of increasing ransomware threats.
The acquisition of Parablu by CrashPlan serves as a testament to the rising demand for data protection in an increasingly digital and interconnected world. It also serves to validate IPV’s foresight in backing startups that are positioned to drive innovation in key sectors.
Inflection Point Ventures, with over 23,500 CXOs, HNIs, and professionals in its network, continues to connect promising startups with forward-thinking investors. The platform not only provides financial backing but also offers experiential capital to help new-age entrepreneurs thrive. IPV has also ventured into the venture capital space, launching a $50 million CAT 2 VC fund, Physis Capital, aimed at investing in Pre-Series A to Series B growth-stage startups. The fund has already deployed capital in two startups and has several more deals in the pipeline, further expanding its reach and impact in the startup ecosystem.
IPV’s continued success with strategic exits like Parablu solidifies its role as a key player in shaping the future of innovative businesses.
