Rubrik joined the Unicorn Club after raising multiple rounds, including a $261M Series E in 2019, reaching total funding of $553M. Headquartered in Palo Alto, California, United States, Rubrik provides a converged data management platform for backup, recovery, and cloud data governance, with AI-driven security and ransomware recovery tools for enterprises.
Keep reading to learn how Rubrik scaled its platform for secure and resilient enterprise data management.
What Is Rubrik and What Does It Do?
Founded in 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap, Rubrik is a Palo Alto-based data management and cyber-resilience company. The company employs approximately 1,715 people and delivers backup and recovery software, cloud data management, and ransomware recovery solutions for enterprises.
Rubrik provides unified data management across on-premises and cloud environments, focusing on fast recovery, ransomware mitigation, and enabling developers to access production datasets for testing and development. The platform is offered via software, appliances, and subscription-based cloud services.
How Much Funding Has Rubrik Raised?
1. Series E
- Amount Raised: $261M
- Date: Jan 14, 2019
- Lead Investors: Bain Capital Ventures, Lightspeed, Greylock
- Purpose: Product scale and enterprise go-to-market
Total Funding Raised: $553M
Latest Funding Date: Aug 2021
Latest Known Valuation: ~$3.3B (2019)
Key Investors
- Greylock Partners
- Details: Early-stage VC with enterprise software investments
- Focus Areas: Infrastructure, data, enterprise SaaS
- Notable Investments: Rubrik, LinkedIn (early), Palo Alto software
- Microsoft (strategic investor)
- Details: Cloud giant partnering for product integration and go-to-market
- Focus Areas: Cloud data services, security, enterprise partnerships
- Notable Investments: Rubrik strategic participation, various cloud partnerships
- Lightspeed Venture Partners
- Details: VC with enterprise and cloud investments
- Focus Areas: Infrastructure, cloud, data platforms
- Notable Investments: Rubrik, Snap (early), Nutanix
- Bain Capital Ventures
- Details: Growth-stage investor in enterprise software
- Focus Areas: Enterprise data, SaaS, cybersecurity
- Notable Investments: Rubrik, Confluent (select), other scale companies
- JC2 Ventures / John Chambers (angel)
- Details: Strategic angel investor bringing enterprise network and channel expertise
- Focus Areas: Enterprise infrastructure and go-to-market
Where Is Rubrik’s Headquarters?
Rubrik is headquartered in Palo Alto, California, United States, at the heart of enterprise storage and cloud talent.
What’s Next for Rubrik?
Rubrik plans to expand ransomware recovery automation, deepen cloud-native integrations, add AI-driven data governance, and scale platform SaaS offerings.
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