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GRAX
SaaS data preservation, recovery, and action platform
- 21-100 employees
- B2B
- Big data
- SaaS
- Leather District, Boston, MA
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Company mission
To empower businesses to act and adapt more quickly in response to their data changes.
Our take
In the digital economy, data drives business. Keeping track of changes in data that influence operations and maintaining adequate records for regulatory purposes can be a challenge given the volume and rapid changes in data. GRAX’s data value platform makes monitoring and responding to data simpler.
GRAX’s data value platform makes monitoring and responding to data vastly simpler. Their system oriented towards preserving and categorizing backup data allows customers to save on operational overhead, reduce customer turnover and minimize manual data overhaul.
The global backup-as-a-service market is projected to increase to over $10 billion by 2024. GRAX’s SaaS-driven approach to improving backup data accessibility has already impressed a variety of vendors in the pet healthcare services and fintech payment sector. Like competitors MSP360 and Druva inSync, GRAX must adapt its systems to counter the threats of ransomware while accommodating multi-cloud environments.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 401k plan
- Work from home opportunities
- Health insurance
Funding (1 round)
Oct 2019
$12.8m
SERIES A
Total funding: $12.8m
Leadership
Joe Gaska
(Head of Product)Joe started their career as a Software Engineer at Architect at OneSource, Elantix, and Digitas for a combined 7 years before founding Ionia in September 2004. After its acquisition in 2014 and serving as Xively VP of Sales, they founded GRAX in March 2017.