MINNEAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) — Data protection and resiliency leader CrashPlan announced today that it has acquired Parablu, Inc., a leading provider of data security and resilience solutions known for its market-leading offerings that protect Microsoft 365 (M365 ) data. The acquisition positions CrashPlan to provide the industry’s most comprehensive backup and recovery capabilities for data stored on servers, on endpoint devices and in Exchange, OneDrive, SharePoint and Teams to Azure, their cloud or to CrashPlan’s proprietary cloud.
“Organizations of all sizes worldwide rely heavily on Microsoft applications to store their most valued intellectual property,” said CrashPlan CEO John Becker. “Recent events like the UniSuper incident have reminded organizations that backing up the valuable data stored on their platforms is mission-critical. In fact, the responsibility for regularly backing up data is assigned to users by almost all SaaS platforms’ terms and conditions.”
The Parablu acquisition enables CrashPlan to offer a complete cyber-ready data resilience solution that protects intellectual property (IP) and other data from accidental data deletion, ransomware and Microsoft service disruptions.
In addition to providing data protection and the ability to quickly recover from ransomware incidents, the combined technology can help customers store backup data at no additional cost by leveraging existing OneDrive and Azure infrastructure. Parablu was granted a patent for its technology’s integration with Microsoft OneDrive for Business and Google Drive, allowing businesses with Microsoft 365 or Google Workspace subscriptions to use unused portions of their OneDrive for Business or Google Drive storage as secure backup storage . Because CrashPlan has its own proprietary cloud infrastructure with data centers around the world instead of relying on third-party cloud providers, customers can also benefit from unlimited backup for endpoints and low-cost storage for servers and SaaS application backups.
“Customers often encounter storage limits and turn to Parablu for archiving to save money while maintaining rich data access,” said Parablu CEO and President Anand Prahlad, who will now serve as CTO of CrashPlan. “We’ve seen even greater demand for M365 and Google Workspace protection over the past year as businesses have come to understand their shared responsibility for backing up data.”
“Idea workers” and the backup gap
M365 risk is just one dimension of a growing problem in intellectual property-intensive businesses: a backup gap. In these organizations, data is distributed and scores of ‘idea workers’ – media, researchers, designers, engineers, architects, even lawyers – constantly iterate within a range of specialized applications. Their files are often multi-versioned and very large, making backups more difficult and endpoints more risky. Backup tools originally built to be used by IT departments for Oracle and SAP databases just don’t meet their needs.
“Today’s idea workers create and store enormous value for their organizations – and without the right backup tools in place, weeks, even months of work can be lost in an instant,” added Becker. “At CrashPlan, we’re building the first comprehensive cyber-ready data resiliency platform for organizations whose ideas drive their bottom line.”
About CrashPlan
CrashPlan® enables organizational resilience through secure, scalable and straightforward data backup. With automatic backups and customizable file version retention, you can bounce back from any data disaster. What starts as backup and recovery becomes a solution for recovering from ransomware, breaches, migrations and legal holds. So you can work fearlessly and grow confidently.
Media contact:
Maura Lafferty
Firebrand Communications