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IPV exits Parablu with 30% IRR

Angel investing platform Inflection Point Ventures (IPV) has announced its exit from Parablu, achieving a 2.2X MoM return over 36 months and delivering over 30% IRR for its investors. 

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Gyan Vardhan
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Angel investing platform Inflection Point Ventures (IPV) has announced its exit from Parablu, achieving a 2.2X MoM return over 36 months and delivering over 30% IRR for its investors. 

With 47 successful exits, IPV highlights its consistent track record of delivering high-value returns. Parablu’s exit further validates IPV’s strategy of backing visionary founders, unique business models, and startups at reasonable valuations.

To date, Parablu has raised $1.5 million from IPV and other investors. IPV provided critical funding and strategic support to Parablu in 2021, enabling the company to scale rapidly and establish a strong position in the enterprise data management space.

Parablu, a data protection company, has been acquired by CrashPlan, a global leader in cyber-ready data resilience. This acquisition strengthens CrashPlan’s ability to protect critical data from deletion, ransomware, and service disruptions.

Co-founded by Anand Prahlad, Kameswaran Subramanian, and Subash Baliga, Parablu offers data security and backup solutions for enterprises. Its offerings include endpoint backup, managed file transfer, and server backup, enhancing data security, reliability, and compliance against ransomware and other threats.

Parablu’s acquisition by CrashPlan underscores the increasing demand for data resilience in a cloud-first world and IPV’s foresight in supporting future-shaping businesses. By connecting visionary founders with forward-thinking investors, IPV aims to drive innovation and create value for startups, investors, and the broader ecosystem.

Inflection Point Ventures (IPV) is an angel investing platform comprising over 23,500 CXOs, HNIs, and professionals who invest in startups. The firm supports new-age entrepreneurs by providing monetary and experiential capital, and by connecting them with a diverse group of investors. IPV has also launched a $50 million CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage startups. The fund has already deployed capital in two startups, with several deals in advanced stages of the pipeline.

 

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