Rubrik, Inc. is a cybersecurity and data management company headquartered in Palo Alto, California. Founded in 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap, Rubrik specializes in providing cloud-native solutions for data backup, recovery, and security. The company's flagship offering, Rubrik Security Cloud, integrates backup, data observability, and cyber recovery into a unified platform designed to protect enterprise data across on-premises, cloud, and SaaS environments. With a focus on Zero Trust Data Security™, Rubrik helps organizations achieve resilience against cyberattacks and operational disruptions.
Over the years, Rubrik has expanded its capabilities through strategic acquisitions, including the purchase of Datos IO in 2018, Igneous in 2020, and Laminar Security in 2023. These acquisitions have enhanced Rubrik's offerings in cloud data management and security. The company has also formed significant partnerships, notably with Microsoft, which invested in Rubrik in 2021. Rubrik's clientele spans various sectors, including finance, healthcare, and government, with over 6,100 customers worldwide.
In April 2024, Rubrik went public on the New York Stock Exchange under the ticker symbol "RBRK," raising $752 million in its initial public offering. The IPO valued the company at approximately $5.4 billion. Despite reporting a net loss of $354 million for the fiscal year ending January 2024, Rubrik's revenue reached $628 million, reflecting a 5% increase from the previous year. The company continues to invest in research and development, focusing on integrating artificial intelligence and machine learning into its platform to enhance data security and operational efficiency.
Rubrik's commitment to innovation and customer-centric solutions has positioned it as a leader in the cybersecurity and data management industry. With a global workforce of over 3,000 employees and offices in multiple countries, Rubrik continues to expand its presence and offerings to meet the evolving needs of its clients. The company's emphasis on Zero Trust architecture and AI-driven security measures underscores its dedication to helping organizations safeguard their critical data assets in an increasingly complex digital landscape.