Rubrik valued at $5.6 billion after massively oversubscribed IPO prices above range
by Fortune
Fortune— The Microsoft-backed cloud data platform raised a total of $736 million.
Forbes—Rubrik’s $5.6 Billion IPO Is Latest Win For The ‘IIT Mafia,’ A Group Of Indian Engineers Turned CEOs. A group of Indian immigrant friends have started some of Silicon Valley’s top enterprise startups, including Nutanix, Glean and Rubrik, which went public on Thursday.
CNBC—Rubrik pops 20% in NYSE debut after pricing IPO above range. Data management company Rubrik began trading on the NYSE Thursday. Rubrik priced its IPO at $32 a share, raising $752 million at a $5.6...
CNBC—Rubrik prices IPO at $32 per share, above the expected range. Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.