Rubrik, Inc. - SaaS Valuation Profile RBRK

Rubrik, Inc. is a cybersecurity and data management company that provides Zero Trust Data Security solutions, helping organizations protect, monitor, and recover their data from cyberattacks, particularly ransomware. Founded in 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap, and headquartered in Palo Alto, California, Rubrik went public via IPO on the New York Stock Exchange in April 2024.

Rubrik's Security Cloud platform unifies data protection, data threat analytics, and data security posture management across enterprise, cloud, and SaaS environments. The platform delivers immutable, air-gapped backups that cannot be encrypted or deleted by ransomware, combined with machine learning-powered anomaly detection that identifies threats within backup data and enables surgical recovery of clean data to minimize downtime. Key capabilities include automated backup and recovery for VMware, Hyper-V, SQL Server, Oracle, and NAS environments; native protection for AWS, Azure, and Google Cloud workloads; and SaaS data protection for Microsoft 365 and Salesforce.

The company's data security posture management features provide continuous sensitive data discovery and classification, access monitoring, and cyber recovery simulation, allowing organizations to understand their blast radius and ensure recoverability before an attack occurs. Rubrik's Threat Hunting and Threat Monitoring capabilities scan backup data for indicators of compromise, malware signatures, and anomalous encryption patterns.

Rubrik serves over 6,000 customers globally, including approximately 30% of the Fortune 500, across industries such as financial services, healthcare, government, and retail. The company operates on a subscription model with annual recurring revenue exceeding $900 million and growing rapidly. Gross margins are approximately 75%. Rubrik employs over 3,000 people worldwide and competes primarily with Cohesity, Veeam, Commvault, and Veritas in the data security and cyber resilience market.