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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. More here: https://t.co/l2Ds8PkiRu https://t.co/InnmldEl1A
Rubrik, a cloud and data security startup backed by Microsoft, will seek to raise as much as $713 million in an IPO https://t.co/sJbxxIm7AW
Rubrik, a cloud and data security startup backed by Microsoft, will seek to raise as much as $713 million in an IPO https://t.co/ag399dPpvc
Microsoft-backed cloud and data security startup Rubrik has filed for an IPO, aiming to raise between $500 million to $713 million. The company, which will be listed on the NYSE under the ticker RBRK, reported a revenue growth of nearly 5% to $627.9 million in the fiscal year ended January 2024, despite widening losses of 28% to $354 million. This move follows high-profile IPO debuts from Reddit $RDDT and Astera Labs $ALAB earlier in the year.
