Rubrik (RBRK) Files for Proposed IPO

April 1, 2024 4:51 PM EDT
(Updated - April 1, 2024 4:52 PM EDT)

Rubrik (NYSE: RBRK) has filed for a proposed IPO.

The company describes itself as: 'We are on a mission to secure the world’s data.

Cyberattacks are inevitable. Realizing that cyberattacks ultimately target data, we created Zero Trust Data Security to deliver cyber resilience so that organizations can secure their data across the cloud and recover from cyberattacks. We believe that the future of cybersecurity is data security—if your data is secure, your business is resilient.

We built Rubrik Security Cloud, or RSC, with Zero Trust design principles to secure data across enterprise, cloud, and software-as-a-service, or SaaS, applications. RSC delivers a cloud native SaaS platform that detects, analyzes, and remediates data security risks and unauthorized user activities. Our platform is architected to help organizations achieve cyber resilience, which encompasses cyber posture and cyber recovery. We enable organizations to confidently accelerate digital transformation and leverage the cloud to realize business agility.'

Goldman Sachs, Barclays, Citigroup and Wells Fargo Securities will serve as lead underwriters.

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