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PALO ALTO, CA - May 26, 2015 – /BackupReview.info/ –Rubrik, the Converged Data Management company, announced a $41 million Series B investment led by Greylock Partners with participation from Lightspeed Venture Partners and existing angel investors. Concurrently, Rubrik introduced the r300 Series Hybrid Cloud Appliance underpinned by its Converged Data Management Platform. The Company will use the funding to accelerate its rapidly growing global footprint of customers and channel partners.
“We are truly humbled by the tremendous response to our Early Access Program announced in March,” said Bipul Sinha, co-founder and CEO, Rubrik. “This early customer traction demonstrates the latent market demand for a platform that delivers radical improvements in TCO while eliminating a complex data management infrastructure with a simple, converged system.”
Redefining the Data Management Landscape
“We partner with world-class teams building category-defining companies in large markets,” said Asheem Chandna, Partner, Greylock Partners. “Rubrik is a game-changing company that radically simplifies data management, and has the potential to redefine the backup and recovery markets.” As part of the investment, Mr. Chandna has joined Rubrik’s board of directors. Greylock’s enterprise investments include Data Domain, Docker, Legato, Palo Alto Networks, Pure Storage and Workday.
“Rubrik is modernizing the secondary environment with a single, software-defined fabric in the same way that Nutanix has transformed the primary environment with a single, software-defined fabric,” said Dheeraj Pandey, Co-Founder & CEO, Nutanix and Rubrik’s early investor. “Rubrik’s rapid growth is a testament to the real pent-up demand for innovation in backup and recovery.”
“Rubrik has delivered a transformative enterprise product in record time,” said Ravi Mhatre, Partner, Lightspeed Venture Partners. “Moreover, channel partners will love the customer value, partner economics and simplicity of Rubrik r300 Series Hybrid Cloud Appliance.”
Introducing Rubrik r300 Series Hybrid Cloud Appliance
Primary benefits of Rubrik r300 Series Hybrid Cloud Appliance include:
Rubrik r300 Series Hybrid Cloud Appliances are globally available through the Company’s channel partners.
For more information, visit http://www.rubrik.com or email email@example.com
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Vinny Choinski, Senior Lab Analyst, ESG
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