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.
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 Rubrik aims to raise as much as US$713-million in IPO, source says https://t.co/YvifIuBLag
Microsoft-backed Rubrik aims to raise as much as $713 mln in IPO, source says https://t.co/rmHJfNgyQp https://t.co/YdPpBYtnar
#Rubrik has officially filed to go public on the #NYSE under the ticker RBRK. In its filing, it reported that revenue in the fiscal year ended January 2024, revenue rose ~5% to reach $627.9M. Learn more about #MicroVentures’ portfolio company: https://t.co/8fOCMBlFcW #IPO https://t.co/cE5fYnabWf
Microsoft-backed $MSFT cloud and data security startup Rubrik filed for an IPO and could raise $500M to $700M, following high-profile debuts from Reddit $RDDT and Astera Labs $ALAB this year. Rubrik’s revenue grew nearly 5% to $628M in 2023 as losses widened 28% to $354M.…