About Rubrik
Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap, Arvind Jain, and Soham Mazumdar, based on the observation that traditional enterprise backup software, much of it built on older architecture originally designed decades earlier for simpler on-premises IT environments, had not evolved well to address the more complex, hybrid cloud and on-premises data environments that modern enterprises operate, nor the growing importance of backup and recovery as a critical defense against ransomware attacks, which have made rapid, reliable data recovery an increasingly central IT security priority rather than only a traditional data protection and disaster recovery consideration.
Rubrik's platform provides cloud-based data backup, management, and security software that spans an organization's on-premises infrastructure, public cloud environments, and increasingly software-as-a-service applications, with a particular emphasis on ransomware resilience, including immutable backup snapshots that ransomware cannot encrypt or delete even if it compromises other parts of an organization's systems, and rapid recovery capabilities intended to help organizations restore operations quickly after a ransomware attack rather than facing extended downtime or feeling pressured to pay a ransom demand. The company has positioned its unified approach to data management and security as addressing the reality that backup and cybersecurity functions, historically managed by separate IT teams using separate tools, have become increasingly interconnected given ransomware's centrality as a threat specifically targeting backup systems themselves, since sophisticated ransomware attacks often specifically attempt to compromise or delete an organization's backups before encrypting production data, precisely to remove the victim's ability to simply restore from backup rather than pay a ransom. Rubrik went public via a traditional initial public offering on the New York Stock Exchange in April 2024. The company's customers span large enterprises across many industries seeking modern, cloud-native data protection and ransomware recovery capabilities. Rubrik has raised substantial private venture funding over its history from investors including Microsoft, Bain Capital Ventures, and Lightspeed Venture Partners prior to going public, competing with other data protection and cyber resilience vendors including Cohesity and Veeam.
