Fundraising Fox

Rubrick

NYSE: RBRK

Palo Alto, US Β· Founded 2014 Β· Incorporated in Delaware Β· Public Β· 28 known investors

rubrik.com β†—

Securing the world's data

Founders & leadership

Rubrick was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap, Arvind Jain, and Soham Mazumdar.

BS
Bipul SinhaCo-Founder, Chairman & Chief Executive Officer
AN
Arvind NithrakashyapCo-Founder, Chief Technology Officer & Director
AJ
Arvind JainCo-Founder (former; departed to found Glean)
SM
Soham MazumdarCo-Founder (former)
KC
Kiran ChoudaryChief Financial Officer
JG
Jesse GreenChief Revenue Officer
BM
Brian McCarthyFormer President, Global Sales and Field Operations (Chief Revenue Officer at IPO); resigned effective February 6, 2026
MD
Murray DemoFormer Chief Financial Officer (appointed Feb 2018; later succeeded by Kiran Choudary in Nov 2020)

Board

AC
Asheem ChandnaDirector (since March 2015)
RM
Ravi MhatreDirector (since January 2014)
JW
John W. ThompsonDirector (since January 2018)
RS
R. Scott HerrenDirector (since November 2021)

Investors Β· 28

Also in the syndicate Β· 8

BarclaysleadCitigroupGoldman Sachs & Co. LLCleadGuggenheim SecuritiesInstitutional Venture Partners (IVP)Kevin Durant / Thirty Five VenturesMizuhoWells Fargo Securities

Valuation Β· disclosed

Disclosed events
$20.2BvaluationAug 2026
$5.6Bvaluation at Initial Public Offering (NYSE: RBRK)Apr 2024 Β· $32.00/share
filing β†—
$3.3Bvaluation at Series EJan 2019
filing β†—
$1.3Bvaluation at Series DMay 2017
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Rubrik was originally incorporated in Delaware in December 2013 under the name ScaleData, Inc. and renamed Rubrik, Inc. in October 2014. It was founded by Bipul Sinha (a former Lightspeed Venture Partners investor), Arvind Nithrakashyap (a former Oracle and Rocket Fuel engineer, who became CTO), Arvind Jain (a former Google engineer, who later left to found the enterprise search company Glean), and Soham Mazumdar. The founders set out to modernize enterprise backup, which they viewed as a legacy, fragmented category ripe for disruption via a scale-out, API-first, cloud-native architecture. Rubrik shipped its first product in 2015 and grew quickly by selling into enterprise IT organizations frustrated with legacy backup vendors like Veritas, Commvault, and Dell EMC.

The company raised a rapid succession of large venture rounds: a Series A (~2014, led by Lightspeed Venture Partners), Series B (2015, first Greylock investment), Series C (~2016), a $180 million Series D in May 2017 at a $1.3 billion valuation led by Institutional Venture Partners (IVP), and a $261 million Series E in January 2019 at a $3.3 billion valuation led by Bain Capital Ventures with Lightspeed, Greylock, Khosla Ventures, and IVP participating. Total primary preferred-stock capital raised prior to IPO was approximately $715 million (per Rubrik's IPO prospectus capitalization table). Along the way Rubrik attracted high-profile individual backers, including NBA star Kevin Durant, who has cited Rubrik as his first technology investment.

As ransomware became an existential threat to enterprises in the late 2010s, Rubrik repositioned from 'cloud data management' to 'Zero Trust Data Security,' emphasizing immutable, air-gapped backups, anomaly/threat detection (Radar), and sensitive-data discovery (Sonar) on top of its core recovery platform, later unified under Rubrik Security Cloud (RSC). The company made several acquisitions to accelerate this shift: Datos.io (early 2018, NoSQL data protection), the assets/IP of Igneous (December 2020, a Seattle unstructured-data company), Laminar Technologies (August 2023, ~$105–250 million reported, an Israeli data security posture management/DSPM company), and, after going public, Predibase (July 2025, $109.1 million, an AI/LLM developer platform used to expand into agentic AI security).

Business model

B2B enterprise software sold primarily as a subscription (SaaS) platform (Rubrik Security Cloud), billed via term subscriptions with usage/consumption elements; also sells appliances/hardware bundles and professional services.

Subscription (SaaS) recurring revenue reported as Subscription ARR, supplemented by legacy term-license and support/maintenance revenue and some hardware/appliance sales.

β–ΈFull profile β€” profile (continued), go-to-market, ownership

Profile (continued)

Rubrik filed to go public and priced its IPO on April 24, 2024, selling 23.5 million shares of Class A common stock at $32.00 (above its marketed range), raising $752 million in gross proceeds at an implied $5.6 billion valuation. Shares began trading on the NYSE under 'RBRK' on April 25, 2024, and rose roughly 16% on the first day. Goldman Sachs and Barclays led the underwriting syndicate (also purchasers of pre-IPO bridge notes), alongside Citigroup, Wells Fargo Securities, Guggenheim Securities, and Mizuho. Rubrik retained a dual-class share structure giving founders and early investors outsized voting control.

As a public company, Rubrik has continued to grow rapidly while narrowing losses: full fiscal-year revenue rose from $599.8 million (FY2023) to $627.9 million (FY2024) to $886.5 million (FY2025) to $1.316 billion (FY2026, ended January 31, 2026), while subscription ARR reached $1.46 billion by the end of FY2026 (up 34% year over year) and $1.57 billion by the end of Q1 FY2027 (April 30, 2026, up 32% year over year). The company has increasingly framed itself as a 'Security and AI Operations' company, launching Rubrik Agent Cloud and the SAGE governance engine to secure autonomous AI agents, partnering with Anthropic (Project Glasswing / access to the Mythos research preview) and Microsoft (Defender identity-threat integration), and extending SaaS protection to Google Workspace. As of mid-2026 the company had nearly 3,800 employees and roughly 2,900+ customers paying $100,000 or more in annual subscription ARR, and traded at a market capitalization of roughly $20 billion.

Go-to-market

Large and mid-sized enterprises, government agencies, and healthcare organizations across financial services, healthcare, technology, retail, manufacturing, public sector, and education that need to back up, secure, and recover data across data centers, public cloud, and SaaS applications (e.g., Microsoft 365, Google Workspace, Salesforce).

Ownership

public

Compiled by commissioned research from 11 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customers with $100K+ Subscription ARRApr 20262,946
EmployeesJan 20263,797
IPO ValuationApr 2024$5.6B
Market CapAug 2026$20.2B
RevenueJan 2026$1.3B
Revenue (most recent quarter)Apr 2026$387.1M
Subscription ARRApr 2026$1.6B

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Customers & partners

Named customers Β· 8

American Hospital Association (AHA) member hospitalsBioverativCompeer FinancialCranfield UniversityHM HospitalesMall of AmericaScottish GovernmentStora Enso

Relationships the company or its partners disclosed publicly β€” case studies, joint announcements, press.

Timeline Β· 16

launches, deals, and filings
Jun 2026
Launched Rubrik Agent Cloud and SAGE; Anthropic partnership

Rubrik reported Q1 FY2027 results (ARR $1.57B, revenue $387.1M, up 39% YoY) and announced Rubrik Agent Cloud (AI agent security/governance on Google Cloud's Gemini Enterprise Agent Platform), the SAGE governance engine, access to Anthropic's Mythos Research Preview (Project Glasswing), a Microsoft Defender identity-security integration, and new data protection for Google Workspace.

source β†—

Mar 2026
FY2026 results: $1.3B+ revenue, $1.46B ARR

Rubrik reported Q4/full-year FY2026 results, with full-year revenue of $1.316 billion and Q4 subscription ARR of $1.46 billion (up 34% YoY), plus a record $115 million in net new subscription ARR in the quarter.

source β†—

Feb 2026
CRO transition

Brian McCarthy, President of Global Sales and Field Operations, resigned; Jesse Green, previously President of Rubrik Americas, was promoted to Chief Revenue Officer.

source β†—

Jul 2025
Acquired Predibase

Rubrik acquired all outstanding stock of Predibase, an AI/LLM developer platform, for $109.1 million in acquisition-date fair value, to accelerate its move into agentic AI security.

source β†—

Apr 2024
IPO on NYSE (RBRK)

Rubrik priced its IPO at $32.00/share (23.5M shares, $752M raised) and began trading on the NYSE under 'RBRK' at a $5.6 billion valuation; shares rose ~16% on the first trading day.

source β†—

Aug 2023
Acquired Laminar Technologies

Rubrik acquired Israel-headquartered cloud data security posture management (DSPM) company Laminar Technologies; the acquisition-date fair value of consideration was $104.9 million per Rubrik's 10-K (widely reported in press at the time as roughly $200-250 million including holdbacks/earnouts).

source β†—

Dec 2020
Acquired Igneous assets and IP

Rubrik purchased the assets and intellectual property of Igneous, a Seattle-based unstructured data management company that had recently undergone a mass layoff.

source β†—

Jan 2019
$261M Series E at $3.3B valuation

Rubrik raised $261 million in a Series E round led by Bain Capital Ventures, valuing the company at $3.3 billion, to expand into new data management markets.

source β†—

Feb 2018
Agreement to acquire Datos IO

Rubrik announced it would acquire Datos IO to expand its cloud data management offerings into NoSQL data protection.

source β†—

May 2017
$180M Series D at $1.3B valuation

Institutional Venture Partners (IVP) led a $180 million Series D round, valuing Rubrik at $1.3 billion.

source β†—

Oct 2014
Renamed to Rubrik, Inc.

The company changed its name from ScaleData, Inc. to Rubrik, Inc.

source β†—

Jan 2014
Founding team joins / company operations begin

Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap begin as founders/officers/directors; company widely dated as 'founded' January 2014.

source β†—

Dec 2013
Company incorporated as ScaleData, Inc.

Rubrik was originally incorporated in Delaware in December 2013 under the name ScaleData, Inc.

source β†—

β€”
Acquired Igneous (assets/IP)
β€”
Acquired Laminar Technologies, Inc.
β€”
Acquired Predibase, Inc.

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 11

primary sources listed

11 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rubrick do?
Securing the world's data
Who founded Rubrick?
Rubrick was founded by Bipul Sinha, Arvind Nithrakashyap, Arvind Jain, Soham Mazumdar in 2014.
Who are Rubrick's investors?
Rubrick's investors include Anicut Capital, Bain Capital Ventures, Chamaeleon, Engineering Capital, EQUIAM, Evolution VC Partners, Felicis Ventures, Galdana Ventures and 12 more.
Is Rubrick publicly traded?
Yes β€” Rubrick trades on NYSE under the ticker RBRK.
Where is Rubrick headquartered?
Rubrick is headquartered in Palo Alto, US.