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Rubrik, a cybersecurity software firm backed by Microsoft, is planning to raise up to $713 million through an initial public offering (IPO). The company, known for its cloud and data security solutions, counts Microsoft among its prominent investors. The IPO filing is expected to be made public soon, potentially allowing the company to secure over $700 million at the top of its price range.
Rubrik’s IPO to raise up to $713 million https://t.co/JYqFrUWGIP
Source: cloud data management startup Rubrik plans to sell 23M shares priced between $28 and $31 each, raising up to $713M and reaching a $5.4B valuation (@deer_echo_ / Reuters) https://t.co/Ty0yI9pq8a 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/H6eew1DcKS
Rubrik filing expected soon, could raise over $700m at top of range, source says https://t.co/SS05ETXF2q
