Rubrik: Cloud Data Management and Data Security Company

Rubrik was founded in January 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap. They provide data management services such as backup and recovery, targeting enterprises that run hybrid cloud environments. Its software can be run on-premises and in the cloud to protect and manage data.

History

Rubrik was founded in January 2014 and has since seen significant growth. In May 2017, the company raised $180 million in a Series D funding round led by IVP, bringing the company to a valuation of $1.3 billion. Later in 2018, Rubrik purchased Datos.io, another cloud data management company. In January 2019, the startup raised $261 million, which helped it to reach a total valuation of $3.3 billion. The core investors were Bain Capital Ventures together with Lightspeed Venture Partners, Greylock Partners, Khosla Ventures, and IVP. In December 2020, they purchased the assets and intellectual property of Igneous, a Seattle-based company that had recently gone through a mass layoff.

Products

Rubrik provides data management services that include backup, recovery, and business continuity planning. The company calls itself a “Zero Trust Data Security” company, providing secure and reliable data management services for hybrid cloud environments. Rubrik software can be run on-premises and in the cloud to protect and manage data. Their products have gained popularity due to the rise of ransomware and other corporate threats as increasing the total market demand for off-site backup solutions.

Achievements

Rubrik has seen significant growth since its founding. In 2020, the company reported revenue of $600 million, showing an increase in growth year-over-year. As of 2022, the company employs over 2,500 people and continues to grow. Founder Bipul Sinha now serves as CEO after stepping down from his role at Lightspeed. He holds several patents for distributed storage technologies and has publicly described inviting all 900+ employees to board meetings as an act of “radical transparency.”

Moving Forward

As Rubrik continues to grow, it plans to expand its product offerings and continue to provide reliable data management services for hybrid cloud environments. The company aims to continue its mission to be a “Zero Trust Data Security” company, providing secure and reliable data management services to its customers. Rubrik plans to expand its customer base and increase its revenue in the coming years.

Conclusion

Rubrik is a cloud data management and data security company that provides backup, recovery, and business continuity planning services for hybrid cloud environments and the company has seen significant growth since its founding and continues to expand its product offerings. Their mission to be a “Zero Trust Data Security” company makes it an attractive option for enterprises looking to protect and manage their data securely.

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FAQs

1. What is Rubrik?

They are a cloud data management and data security company based in Palo Alto, California, United States, that provides backup, recovery, and business continuity planning services for hybrid cloud environments.

2. When was Rubrik founded?

They were founded in January 2014.

3. Who are Rubrik’s founders?

The founders are Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap.

4. What is Rubrik’s mission?

They are on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions.