Rubrik adds $41m in funding, releases backup appliance

The company's r300 Series hybrid cloud appliance is now generally available

Rubrik's Converged Data Management platform

Rubrik's Converged Data Management platform

Credit: Rubrik

When a startup's $10 million in funding is followed two months later by a further $41 million, it's safe to say they're tapping into a trend. In the case of Rubrik, that trend is enterprise data management.

Promising an all-in-one approach to enterprise backup and recovery, Rubrik announced its Converged Data Management platform in late March along with its initial funding. Introduced at the time via an early-access program, Rubrik's technology aims to "eliminate backup software" by fusing enterprise data management with Web-scale IT.

On Tuesday, Rubrik announced the $41 million Series B portion of its funding along with the general availability of its r300 Series hybrid cloud appliance. The Rubrik r300, a 2U unit containing up to four x86 nodes, comes pre-configured with the Rubrik Converged Data Management software.

Bringing its total funding to $51 million, this latest round was led by Greylock Partners with participation from Lightspeed Venture Partners and existing angel investors. Fifteen-month-old Rubrik will use the new funding to grow its base of customers and channel partners worldwide, it said.

"Backup is a crowded market, so it is hard for any company to get above the noise," said George Crump, founder and president of Storage Switzerland.

Yet the market isn't as hot as flash or software-defined storage, Crump said. "The fact that Rubrik was able to raise this kind of money indicates that they are doing something different."

Two key differences underlie its approach, he said. First is the convergence of backup software, backup-server hardware and backup storage into a single infrastructure. The second is Rubrik's scalability.

"Scalability is a rarity when it comes to backup hardware, and I know of no other appliance that provides hardware, software and a scale-out architecture," Crump said.

The key to Rubrik's success will be execution.

"Can they deliver on the promise of the platform, and is it that much easier than the status quo?" Crump asked. "If it is, there is no question that the market is ready to abandon the current enterprise offerings. Someone needs to make it far more simpler and more scalable than many of the current offerings do."

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags storageRubrik

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Katherine Noyes

IDG News Service
Show Comments

Cool Tech

Bang and Olufsen Beosound Stage - Dolby Atmos Soundbar

Learn more >

Toys for Boys

Nakamichi Delta 100 3-Way Hi Fi Speaker System

Learn more >

ASUS ROG, ACRONYM partner for Special Edition Zephyrus G14

Learn more >

Sony WF-1000XM3 Wireless Noise Cancelling Headphones

Learn more >

Family Friendly

Philips Sonicare Diamond Clean 9000 Toothbrush

Learn more >

Mario Kart Live: Home Circuit for Nintendo Switch

Learn more >

Stocking Stuffer

Teac 7 inch Swivel Screen Portable DVD Player

Learn more >

SunnyBunny Snowflakes 20 LED Solar Powered Fairy String

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?