Rubrik articles
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Microsoft-backed Rubrik aims to raise as much as $713 million in IPO
Cybersecurity software firm Rubrik, which counts Microsoft among its prominent investors, is aiming to raise as much as $713 million in its initial public offering, according to a person familiar with the matter. Palo Alto, California-based Rubrik is planning to sell 23 million shares priced between $28 and $31 per share, the source said on condition of anonymity because the discussions are confidential. At the upper end of the range, Rubrik would be valued at about $5.4 billion, the source...
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Microsoft-Backed Cloud Startup Rubrik Seeks IPO of as Much as $713 Million
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., will seek to raise as much as $713 million in an initial public offering, a person familiar with the matter said.