Rubrik is the developer of a data management platform that is designed to streamline information across various hybrid and multi-cloud spaces. Rubrik's platform provides rapid backups, automated workflows, and hands-free management, aiming to reduce data loss through its integrated continuous data protection feature. This enables businesses to gain control over their data, promoting business resiliency, facilitating cloud mobility, and ensuring regulatory compliance.
Basil Capital, MVST:MG, Palo Alto Growth Capital, Capital Advantage Ventures, Bess Ventures and Advisory, Uni-Ventures, Unity Growth Fund, Collective Liquidity.
Microsoft-backed cybersecurity startup Rubrik targets up to $5.4 billion valuation in US IPO
Rubrik reportedly plans to sell 23 million shares in its upcoming IPO. The shares will be priced between $28 and $31 each according to Reuters, with gross proceeds estimated at between $644 million and $713 million. The net proceeds, after banking...
Echo Wang / Reuters: Source: cloud data management startup Rubrik plans to sell 23M shares priced between $28 and $31 each, raising up to $713M and reaching a $5.4B valuation
Rubrik, the data management company that filed for IPO this week, has an AI governance committee, per its IPO filing. The detail is worth noting because it could soon be the new normal.
Sources close to the company had said the transaction was valued at $200-250 million, but Rubrik has now revealed that it initially paid $105 million for Laminar, $91 million in cash and the remainder in shares, with Laminar's shareholders to also...
CrowdStrike and Rubrik Announce Strategic Partnership to Transform Data Security
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., filed for an initial public offering, disclosing growing revenue and losses.
RUBRIK, a cloud and data security startup backed by Microsoft, filed for an initial public offering, disclosing growing revenue and losses.
Rubrik filed to go public on the New York Stock Exchange, becoming the latest tech company to test investor appetite for new offerings.
Data protection outfit Rubrik is feeding data to CrowdStrike to improve its attack detection and response.