[9] In January 2019 the startup has raised $261 million, which helped it to reach $3.3 billion total valuation.

"[4] It provides data management services such as the backup and recovery, targeting enterprises that run hybrid cloud environments.

Its software can be run on-premises and in the cloud to protect and manage data.

[13] Third-party sources have cited the rise of ransomware and other corporate threats as increasing the total market demand for off-site backup solutions.

[21] Phoenix Suns basketball player Kevin Durant is a notable investor, citing Rubrik as his first technology investment made with the guidance of noted angel investor Ron Conway.