Written by: Ingrid Lunden
Source URL: https://techcrunch.com/2017/04/24/data-management-startup-rubrik-is-raising-up-to-200m-on-a-1b-valuation/
Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according to sources.
Calsoft Whitepaper: Software Defined Storage-Quality Assurance
TechCrunch first learned of the new fundraise via an anonymous tip. We then confirmed the details with a source close to the company. From what we understand the round is not yet closed.
It’s not clear who will be leading the round but one name we’ve heard floated is IVP — the high-profile VC firm that has been a prominent backer of major tech brands like Snap and Twitter, but also a number of key enterprise startups like Slack, Domo and Dropbox.
Click here to read more.
Calsoft Storage Expertise
Leveraging years of experience with Storage platforms, ecosystems, operating systems and file systems, Calsoft stands as pioneer in providing storage product R&D services to ISVs. Our service offerings enable storage ISVs/ vendors to quickly develop next generation storage solutions that can perform and cut across enterprise IT needs.
[Tweet “Data management startup Rubrik is raising up to $200M on a $1B valuation”]