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Cloud data management startup Rubrik raises $261 million
Rubrik, a cloud data management startup, recently raised $261 million in a Series E funding round led by Bain Capital Ventures along with the existing investors Lightspeed Venture Partners, Greylock Partners, Khosla Ventures, and IVP. The California-based startup stated the new investment will be used for corporate purposes, future innovation, and to support the launch of its new products and services. Founded in 2014 by Arvind Jain, Arvind Nithrakashyap, Bipul Sinha, and Soham Mazumda, Rubrik helps enterprises to protect and manage their data across private and public clouds with its cloud data management platform.
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