Rubrik, a data security software platform, has officially filed for an Initial Public Offering (IPO) on the New York Stock Exchange under the ticker symbol 'RBRK'. This move marks Rubrik as only the second enterprise software company to go public in over two years. The company, backed by Microsoft and affiliated with Lightspeed, which owned 23.9% of Class B common stock prior to the offering, reported a revenue of $627.9 million, a 47% year-over-year growth, for the fiscal year ended January 31. Rubrik's S-1 filing also revealed a $784 million Annual Recurring Revenue (ARR) from subscriptions, indicating a 47% growth year-over-year, with a 133% net dollar retention, 77% gross margins, and more than 6,000 customers. Despite its impressive revenue and ARR figures, the company's losses widened to $354 million, with operating margins at -50% due to significant investment in sales and marketing.
reading the Rubrik S-1 of course https://t.co/ws5012nLzi
Rubrik eyes public markets with S-1 filing https://t.co/y9lm2Ej0tt
$MSFT Microsoft-Backed Rubrik’s IPO Filing Shows $354 Million Loss - BBG https://t.co/mXYCd19MUB
#Microsoft-Backed Rubrik files for IPO: Revenue grows to $628 million, losses widen to $354 million https://t.co/9bB69Syn8n
IPO looming – again – for Rubrik https://t.co/68FHKzTLqI
Rubrik dropped their S-1 today. Some notes: • $627M in revenue which grew 4% y/y as co moves away from perpetual licenses • $785M in subscription ARR growing 47% y/y • 133% net dollar retention • 77% gross margins but -50% operating margins because of huge S&M spend • >6k…
Rubrik IPO $RBRK $784M ARR Subscription 47% YoY Growth https://t.co/0o3Sqjqe2E
$RBRK Rubrik, a data security software platform, filed to go public on NYSE today. Bipul Sinha, a co-founder, is the current CEO, who previously worked as a venture partner at Lightspeed. The company reported total revs of $627.9M, up 47% y/y in the fiscal year ended Jan. 31,… https://t.co/3OoZRZ1WZs https://t.co/nUl9v8JXkW
Rubrik will be just the 2nd enterprise software company to go public in over 2 years https://t.co/B5hxsz5EBx
lol Rubrik filing on those numbers. smh.
Told ya it was coming. Rubrik S-1 dropped https://t.co/BU0JuVCxzd https://t.co/xyXIknRO4y
RUBRIK, INC. SAYS ENTITIES AFFILIATED WITH LIGHTSPEED OWNED 23.9% SHARES OF CLASS B COMMON STOCK PRIOR TO OFFERING - SEC FILING
RUBRIK: INTEND TO LIST OUR CLASS A COMMON STOCK ON NEW YORK STOCK EXCHANGE UNDER SYMBOL 'RBRK.'
BREAKING: Microsoft-backed Rubrik has filed for an IPO on the NYSE under the ticker $RBRK. More importantly (not really) it took until the fifth paragraph to mention artificial intelligence https://t.co/wWL3DxFxAW