Rubrik, Inc. - SaaS Valuation Profile RBRK

Rubrik is a cybersecurity and data management company focused on Zero Trust Data Security. It helps organizations protect, monitor, and recover data from cyberattacks, especially ransomware. Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap founded it in 2014 in Palo Alto, California. The company went public on the NYSE in April 2024.

The Security Cloud platform brings together data protection, threat analytics, and security posture management across enterprise, cloud, and SaaS environments. The core idea is immutable, air-gapped backups that ransomware can't encrypt or delete. Machine learning detects anomalies within backup data, and surgical recovery restores only clean data to minimize downtime. Say your organization gets hit with ransomware on a Tuesday. Rubrik can identify exactly which files were compromised and restore only the clean versions, rather than rolling everything back to last weekend's full backup.

Capabilities include automated backup and recovery for VMware, Hyper-V, SQL Server, Oracle, and NAS. Native protection for AWS, Azure, and Google Cloud workloads. SaaS data protection for Microsoft 365 and Salesforce. Security posture management provides continuous sensitive data discovery, access monitoring, and cyber recovery simulation. Threat Hunting and Monitoring scan backups for malware signatures and anomalous encryption patterns.

Over 6,000 customers use the platform, including about 30% of the Fortune 500. Financial services, healthcare, government, and retail are the primary verticals. Annual recurring revenue exceeds $900 million and grows rapidly. Gross margins sit around 75%. Rubrik employs over 3,000 people and competes with Cohesity, Veeam, Commvault, and Veritas.