Wednesday, January 16, 2019

New round for Rubrik

Rubrik, one fo the new data management gem, continues to raise money. This time the company received $261M for its Series E round at a $3.3B valuation. Bain Capital Ventures is a new investor and previous ones - Lightspeed, Greylock, Khosla and IVP - continue to inject money. The total is now $553M, pretty amazing amount meaning that the companies protects itself against an acquisition or raises the bar for it and the next obvious move will be an IPO. This new round illustrates again the importance of the team.

The new investment will be used to extend developments and partnerships with Microsoft, Cisco, AWS, SAP, Nutanix, Oracle, VMware, Google Cloud, Pure Storage among others.

Met already 5 times with the IT Press Tour, we'll meet them again in June 2019 for a special event. The company is #1 in the overall press coverage for a company participating to the tour.

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