Rubrik filed to go public after raising $261 million in a lettered round to pursue a public offering.

Apr 03, 2024•over 1 year ago

Amount Raised

$261 Million

Palo Alto

Investors

Lightspeed Venture Partners

Description

Rubrik, a data cybersecurity company, filed to go public after raising more than half a billion dollars in private funding, indicating a warming IPO market for tech companies.

Company Information

Company

Rubrik

Location

Palo Alto, California, United States

About

Rubrik, the Zero Trust Data Security Company™, delivers data security and operational resilience for enterprises. Rubrik’s big idea is to provide data security and data protection on a single platform, including: Zero Trust Data Protection, ransomware investigation, incident containment, sensitive data discovery, and orchestrated application recovery. This means data is ready at all times so you can recover the data you need, and avoid paying a ransom. Because when you secure your data, you secure your applications, and you secure your business.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends