When was Paragon Software founded?

Paragon Software was founded in 1994 and raised its 1st funding round 5 years after it was founded.

Where is Paragon Software located?

Paragon Software is headquartered in Irvine, United States.

Who is the current CEO of Paragon Software?

Mark Seremet of Paragon Software.

How many employees does Paragon Software have?

As of Sep 30, 2026, the latest employee count at Paragon Software is 88.

Is Paragon Software a funded company?

Paragon Software is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Nov 22, 1999.

When was the latest funding round of Paragon Software?

Paragon Software's latest funding was a $***** Series A round on Nov 22, 1999, with participation from 5 investors. Its primary sector is Enterprise Storage. In United States, the Enterprise Storage sector has seen $917M in funding in 2026 to date.

Where does Paragon Software rank among its competitors?

Paragon Software ranks 10th amongst 238 active competitors, of which 23 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Lucidity, which secured $21M in Feb, 2025.

Who are the top competitors of Paragon Software?

Paragon Software's top competitors include Qumulo, Backblaze and Portworx. Among them, Lucidity secured the most recent funding round in February, 2025.

Paragon Software - 2026 Company Profile, Team, Funding & Competitors

Company Details

Paragon Software offers data storage management products. The company offers data security and storage management for PCs, servers, and networks. It offers products for Windows, Mac, Linux, and File System drivers, SDKs for Android, iOS, snapshot for Mac OEMs, and migration such as OS to SSD. The company also has a mobile division that provides storage management products for mobile devices.

Website: www.paragon-software.com/
Social
Phone Number: +1 **********

Key Metrics

Founded Year

1994

Location

Irvine, United States

Stage

Acquired

Total Funding

$14M in 1 round

Latest Funding Round

Series A, Nov 22, 1999, $*****

Investors

Hambrecht & Quist & 4 more

Ranked

10^th among 238 active competitors

Employee Count

88 as on Sep 30, 2026

Similar Companies

Qumulo & 230 more

Exit Details

Acquired by Openwave Mobility (Mar 01, 2000)

View Paragon Software's full profile

Paragon Software is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Paragon Technologie GmbH, Systemprogrammierung CIN: HRB300575 , Germany, Active	Jun 22, 1998	-	-

Paragon Software got acquired by Openwave Mobility on Mar 01, 2000.

Click here to take a look at Paragon Software's acquisition in detail

Paragon Software has raised a total funding of $14M over 1 round. Its latest funding round was a Series A round on Nov 22, 1999 for $*****. 5 investors participated in its latest round. Paragon Software has 5 institutional investors.

Here is the list of recent funding rounds of Paragon Software:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 22, 1999	4415127	Series A	5368739	8667981	4737245	6015298

Access funding benchmarks and valuations. Sign up today!

View details of Paragon Software's funding rounds and investors

The founders of Paragon Software is Tom Fedro.

Here are the details of Paragon Software's key team members:

Tom Fedro: President and Co-Founder of Paragon Software and founder of 1 other company.
Mark Seremet: CEO of Paragon Software.

View details of Paragon Software's Founder profiles and Board Members

Paragon Software's employee count trend

Paragon Software has 88 employees as of Sep 26. Here is Paragon Software's employee count trend over the years:

Employee count trend for Paragon Software

Uncover Paragon Software's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Paragon Software include Qumulo, Backblaze and Portworx. Here is the list of Top 10 competitors of Paragon Software, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Qumulo 2012, Seattle (United States), Series E	Provider of an enterprise cloud storage management software	$346M	BlackRock, Allen & Company & 15 others	71/100
2nd	Backblaze 2007, San Mateo (United States), Public	Provider of cloud storage and computer backup solutions for businesses	$5.3M	2B Global, Trinity Capital & 2 others	67/100
3rd	Portworx 2014, Redwood City (United States), Acquired	Provider of a tool for developers and IT Ops to run containerized applications	$55.5M	Sapphire Ventures, Mayfield & 6 others	66/100
4th	Smarsh 2001, Portland (United States), Acquired	Provider of communications data governance and archiving platform using artificial intelligence	$6.68M	Toba Capital, Golub Growth & 3 others	64/100
5th	N-able 2000, Ottawa (Canada), Public	Provider of cybersecurity and IT management solutions for MSPs and IT	-	CPP Investments, Silver Lake & 5 others	61/100
6th	Resilio 2016, San Francisco (United States), Acquired	Provider of peer-to-peer data synchronization and movement software platforms	$8.6M	Timia Capital	57/100
7th	Lucidity 2021, New York City (United States), Series A	Developer of software for autonomous cloud block storage resource optimization	$31.8M	Alpha Wave Global, WestBridge Capital & 25 others	56/100
8th	Pliops 2015, Ramat Gan (Israel), Series D	Platform offering HPC storage accelerator for enterprises	$205M	Koch Disruptive Technologies, Xilinx & 19 others	55/100
9th	Qiniu 2011, Shanghai (China), Public	Provider of cloud-based services, including AI, data storage, and content delivery	$392M	China Structural Reform Fund, BOCOM International ... & 10 others	54/100
10th	Paragon Software 1994, Irvine (United States), Acquired	Provider of data storage management products	$14M	Hambrecht & Quist, 3Com & 3 others	53/100