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Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014.[2] The company is listed on the New York Stock Exchange after going public in April 2024.[3]

Key Information

History

[edit]

The company was founded in January 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap.[4][5][6]

Institutional Venture Partners (IVP) led a US$180 million Series D funding round in May 2017, at a US$1.3 billion valuation, bringing the company to at least US$292 million raised to date.[7][8]

In early 2018, Rubrik purchased Datos.io, another cloud data management company.[9]

In January 2019 the startup has raised $261 million, which helped it to reach $3.3 billion total valuation. The core investors were Bain Capital Ventures together with Lightspeed Venture Partners, Greylock Partners, Khosla Ventures and IVP.[10]

In December 2020, the company purchased the assets and intellectual property of Igneous, a Seattle-based company that had recently gone through a mass layoff. Until shortly before the acquisition, Igneous was led by co-founder Kiran Bhageshpur.[11]

In August 2023, it was announced Rubrik had acquired the Israel-headquartered cloud data security company, Laminar Security for 200 million dollars,[12][13]

Products

[edit]

The company calls itself a "Zero Trust Data Security."[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.[14]

Third-party sources have cited the rise of ransomware and other corporate threats as increasing the total market demand for off-site backup solutions.[15]

Controversies

[edit]

In March 2018, Dell EMC sued two former employees that currently work for Rubrik, alleging that the employees downloaded Dell EMC trade secrets, solicited former Dell EMC customers, and provided unfair competitive advantages to Rubrik.[16][17]

Personnel

[edit]

Founder Bipul Sinha is CEO after stepping down from his role at Lightspeed.[18] He holds several patents for distributed storage technologies.[18][19] He has publicly described inviting all to board meetings as an act of “radical transparency.”[20][21]

Former Microsoft Chairman John W. Thompson is a board member.[22] 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.[23][24]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Rubrik

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from Grokipedia
Rubrik, Inc. is an American cybersecurity company specializing in zero trust data security, founded in 2014 by Bipul Sinha, Arvind Nithrakashyap, Arvind Jain, and Soham Mazumdar and headquartered in . The company develops the Rubrik Security Cloud, a SaaS platform that unifies data protection, cyber recovery, threat detection, and compliance across multi-cloud and hybrid environments to enable business resilience against , cyberattacks, and operational disruptions. Rubrik's mission is to secure the world's by pioneering Zero Trust ™, an architecture powered by that assumes breach and verifies all access to prevent unauthorized data exposure. The platform supports granular recovery, automated threat investigation, and seamless data mobility, serving enterprises in sectors like , healthcare, and . With over 3,000 employees across 22 global offices, Rubrik has grown rapidly, reporting 2,505 customers with Subscription ARR of $100,000 or more as of July 2025, a 27% increase year-over-year. The company achieved a major milestone by going public on the in April 2024 under the ticker symbol RBRK, raising $752 million at a $5.6 billion valuation. As of November 2025, Rubrik's is approximately $14 billion, reflecting investor confidence in its innovations, including recent acquisitions and product launches like Agent Rewind for enhanced endpoint protection. In November 2025, Rubrik signed a strategic collaboration agreement with AWS to deliver solutions. In June 2025, Rubrik was named a Leader in the for Backup and Data Protection Platforms for the sixth consecutive year, positioned furthest in vision.

History

Founding

Rubrik was founded in January 2014 in , by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap. The company emerged from the vision of its founders to revolutionize enterprise amid the shift toward hybrid cloud infrastructures. The founders brought extensive expertise from leading technology firms. Bipul Sinha, who serves as CEO, had been a partner at , where he focused on investments in software and cloud infrastructure. Arvind Jain contributed deep engineering experience as a Distinguished Engineer at , spanning over a decade in infrastructure and management roles. Soham Mazumdar, the co-founder and chief architect, drew from his time as a staff engineer at and an engineer at , specializing in technologies. Arvind Nithrakashyap, the CTO, had led the real-time ad infrastructure team at and served as a principal engineer at , with over 16 years in storage, databases, and distributed systems. The initial vision centered on addressing critical gaps in enterprise backup and recovery, where traditional solutions struggled with complexity and inefficiency in hybrid environments. The founders aimed to create a unified, policy-based platform that would simplify data protection, enable instant recovery, and support seamless management across on-premises, virtual, and infrastructures. One of the primary early challenges was developing the core Rubrik Cluster software from the ground up, requiring the team to build a scalable, distributed capable of handling diverse sources without relying on legacy architectures. This effort, incubated initially at Lightspeed's offices, involved overcoming technical hurdles in integrating policy-driven and ensuring reliability in hybrid setups.

Funding and early growth

Rubrik secured its initial seed from in 2014, enabling the company to develop its core technology following its founding by Bipul Sinha and his co-founders, who leveraged their industry expertise to attract early backers. In March 2015, the company raised $10 million in Series A to support product development and initial market entry. Subsequent rounds accelerated growth. In May 2015, Rubrik completed a $41 million Series B round led by , with participation from and other investors, funding the general availability of its R300 series hybrid cloud appliance. The Series C round followed in August 2016, raising $61 million led by to expand its converged data management platform. By April 2017, Rubrik achieved a major milestone with a $180 million Series D led by Institutional Venture Partners (IVP), reaching a $1.3 billion and status. This funding supported further innovation, including the launch of the initial Rubrik Cluster in 2015 for on-premises , which evolved into broader cloud capabilities by 2016. Growth continued with a $261 million Series E round in January 2019 led by Bain Capital Ventures at a $3.3 billion valuation, followed by a strategic equity investment from in August 2021. Rubrik's private funding totaled approximately $715 million across multiple rounds, with key investors including Bain Capital Ventures, IVP, , , and . These investments drove operational expansion, growing the workforce to over 1,600 employees by 2020 and the customer base to more than 5,000 by 2023.

Acquisitions

Rubrik has pursued a of strategic acquisitions to enhance its and capabilities, focusing on integrating complementary technologies that expand its support for environments, , and advanced features. In February 2018, Rubrik acquired Datos IO, a startup specializing in application-aware for cloud-native applications built on NoSQL databases and file systems. The deal, for an undisclosed amount, enabled Rubrik to extend its backup and recovery solutions to platforms such as AWS and Azure, addressing the growing need for logical data protection in distributed environments. This acquisition marked Rubrik's first major inorganic expansion, incorporating Datos IO's expertise in protecting eventually consistent data sources like and . In December 2020, Rubrik acquired key technology and intellectual property assets from Igneous Systems, a Seattle-based provider of secondary storage and solutions. The asset purchase, with terms not publicly disclosed, bolstered Rubrik's handling of at petabyte scale, particularly for (NAS) environments. By integrating Igneous's scalable architecture, Rubrik improved its platform's efficiency in managing large-scale file systems and secondary storage, enhancing protection for enterprise-scale workloads. In August 2023, Rubrik acquired Laminar, a posture management (DSPM) platform, for $105 million, consisting of $91 million in cash and the remainder in shares. The acquisition, announced at the Black Hat conference, added Laminar's cloud-native capabilities for discovering, classifying, and securing sensitive data across multi-cloud environments. This move unified Rubrik's cyber recovery with proactive , enabling better visibility and risk mitigation for cloud data assets in AWS, Azure, and Google Cloud. In June 2025, Rubrik announced its acquisition of Predibase, an AI infrastructure startup, for a reported amount exceeding $100 million. The deal aimed to incorporate Predibase's tools for fine-tuning and deploying open-source AI models, accelerating the integration of agentic AI into Rubrik's framework. This acquisition positioned Rubrik to leverage AI for enhanced enterprise and threat detection. These acquisitions have collectively broadened Rubrik's hybrid cloud coverage, from NoSQL and unstructured data protection to DSPM and AI-driven security, significantly contributing to the evolution of the Rubrik Security Cloud platform.

Initial public offering

Rubrik went public on April 25, 2024, listing on the New York Stock Exchange under the ticker symbol RBRK. The initial public offering was priced at $32 per share, above the expected range of $28 to $31, allowing the company to raise $752 million through the sale of 23.5 million shares. This valued Rubrik at approximately $5.6 billion on a fully diluted basis, marking a significant milestone following years of private funding that had raised approximately $715 million from investors including Microsoft and Bain Capital Ventures. The IPO occurred amid a thawing market for initial public offerings, which had cooled significantly after the downturn driven by rising interest rates and economic uncertainty. Rubrik's debut reflected renewed investor interest in cybersecurity and firms, with shares opening at $38.60, a 20% increase over the IPO price, before closing at $37, up 15.6%. Underwriters, led by , exercised an option to purchase additional shares, further supporting the offering's success. Bipul Sinha continued as CEO post-IPO, maintaining leadership stability during the transition to public markets. In its first earnings report as a on June 11, 2024, Rubrik confirmed 2024 of $628 million for the period ended January 31, 2024, alongside a strategic emphasis on accelerating its shift to a subscription-based model. This transition, which began pre-IPO, had already driven subscription annual recurring to $784 million by the end of 2024, up 47% year-over-year, positioning the company for predictable streams and enhanced scalability in the competitive data security landscape.

Products and services

Rubrik Security Cloud

Rubrik Security Cloud (RSC) is a unified software-as-a-service (SaaS) platform designed for and , evolving from Rubrik's initial on-premises launched in 2014 to a cloud-native solution introduced in May 2022. The platform builds on earlier offerings like the 2016 Cloud Data Management release, which focused on hybrid cloud protection, and the 2018 Polaris SaaS platform, transitioning fully to RSC as a centralized for securing across diverse environments. This evolution emphasizes a shift toward proactive in multi-cloud landscapes, enabling organizations to manage risks from a single interface. At its core, RSC employs a Zero Trust Data Security model, which assumes no inherent trust and verifies every access request to prevent unauthorized modifications or breaches. The architecture integrates backup, real-time threat detection, and orchestrated recovery capabilities, supporting data across multi-cloud providers including AWS, Microsoft Azure, and Google Cloud, as well as on-premises infrastructure. Built on a microservices foundation hosted on Google Cloud Platform, it ensures logical data isolation, high availability with 99.9% uptime, and scalability for enterprise workloads through secure protocols like AES-256 encryption and TLS 1.2+. RSC deploys as a fully managed SaaS solution with API-driven automation, allowing policy-based orchestration for data protection and recovery without on-site hardware. It incorporates immutable backups stored in air-gapped, access-controlled repositories to resist encryption or deletion, ensuring during attacks. Regional deployments in , , and further enhance global accessibility while maintaining compliance with standards like and CJIS. The platform targets enterprises in regulated sectors such as , healthcare, and , where is critical for protecting sensitive data against evolving threats. Following its 2022 launch, RSC has incorporated AI enhancements post-2023, including for to identify unusual patterns in backups and integrations with tools like OpenAI for automated threat response. Rubrik Security Cloud has received predominantly positive user feedback on Gartner Peer Insights, with an overall rating of 4.5 out of 5 based on 32 reviews in the Backup as a Service market. Reviews commonly describe the user interface as intuitive, user-friendly, simple to understand and implement, with consistent patterns and a "single pane of glass" management view. Some users note a steep initial learning curve for setup. Overall, Rubrik averages 4.6 out of 5 across approximately 850 reviews in multiple categories.

Backup and recovery solutions

Rubrik's backup solutions employ policy-based to streamline data protection across diverse environments. Administrators can define SLA Domain policies that specify snapshot frequency, retention periods, replication targets, and archival locations, enabling automated backups without manual intervention. These mechanisms support instant backups for virtual machines (VMs), databases such as and SQL Server, and file systems, incorporating global deduplication and compression to eliminate redundant data and reduce storage requirements by 30-50%. This approach minimizes the (TCO) and optimizes resource usage in hybrid and multi-cloud setups. Recovery processes in Rubrik emphasize speed and precision, offering granular file-level restores that allow users to search and retrieve individual items from backups without full system restoration. For VMs, live mount technology enables instant mounting of snapshots directly on the Rubrik cluster, facilitating point-in-time recovery with near-zero recovery time objective (RTO) and recovery point objective (RPO). Orchestrated disaster recovery workflows automate failover and failback operations, reducing recovery times from hours to minutes and supporting RTO/RPO targets under one hour for critical applications. These features ensure minimal downtime during incidents. Integration capabilities extend Rubrik's backup and recovery to modern infrastructures, including native support for clusters through policy-driven protection of persistent volumes and application configurations. SaaS applications like are safeguarded via dedicated backup storage APIs, while hypervisors such as and benefit from automated, immutable backups and rapid recovery options. These integrations operate within the Rubrik Security Cloud platform, providing a unified interface for managing data across on-premises, cloud, and hybrid environments. Performance scales to petabyte-level through a distributed, scale-out that handles growth without hardware upgrades. Internal benchmarks demonstrate speeds up to 10 times faster than legacy tools for database environments, alongside reduced windows by over 50% due to parallel ingestion and flash-optimized processing. This efficiency supports enterprise-scale operations while maintaining low operational overhead. Common use cases include ransomware recovery simulations, where organizations can revert to clean VM snapshots or isolated recovery environments to test and execute restores without risking production systems. For compliance archiving, Rubrik facilitates long-term in immutable cloud storage, generating audit-ready reports to meet regulatory requirements like GDPR and HIPAA. These applications highlight Rubrik's role in enhancing data availability and continuity.

Data security and cyber resilience features

Rubrik's and features are integrated into its Security Cloud platform, emphasizing proactive threat prevention, real-time detection, and rapid response to safeguard data across enterprise, cloud, and SaaS environments. These capabilities build on immutable backups as a foundation for secure recovery, enabling organizations to maintain operational continuity amid evolving cyber threats. Central to this approach are three key pillars: data threat analytics for uncovering hidden risks, machine learning-based for early threat identification, and a secure vault for isolated, air-gapped recovery. Data threat analytics in Rubrik Security Cloud continuously scans metadata to detect unusual patterns, such as mass deletions or , providing forensic insights into attack paths and impacted assets to accelerate investigations. leverages algorithms trained on diverse behaviors—including methods, registry changes, and network traffic—to flag deviations from normal operations in real time, reducing false positives through outlier analysis. The secure vault complements these by offering immutable, logically air-gapped with and role-based access controls, ensuring data isolation for clean recovery without exposure to production threats. Key features include ransomware detection through behavioral analysis, where machine learning monitors operating systems and storage for suspicious activities like unusual access patterns, enabling proactive alerts without disrupting production workloads. Data Security Posture Management (DSPM) automates the discovery, classification, and monitoring of sensitive data, enforcing access governance to minimize overexposure and misconfigurations across hybrid environments. This is supported by AI-driven risk assessment tools, such as those in Rubrik Zero Labs reports, which quantify data risks to prioritize remediation efforts. For compliance, Rubrik aligns with regulations like GDPR and HIPAA through encrypted, immutable snapshots that prevent unauthorized modifications and ensure data availability for audits and recovery. Sensitive data monitoring scans for (PHI) and personally identifiable information (PII), generating reports to support breach notifications and risk analyses under HIPAA's Privacy and Security Rules, while GDPR compliance is facilitated by automated policy enforcement and transparency into data locations. Post-breach tools enable automated incident response workflows, integrating with SIEM and SOAR systems via APIs to suggest remediation tasks and orchestrate recoveries, thereby expediting containment. Forensic search capabilities provide granular visibility into encrypted or exposed data across backups, allowing teams to trace attack scopes and preserve evidence for investigations. In 2025, Rubrik advanced its AI capabilities through the acquisition of Predibase, introducing enhancements for scalable AI model deployment that support predictive threat modeling by securing data pipelines for AI-driven anomaly prediction and resilience testing. This integration enables organizations to simulate threats and forecast risks, further strengthening cyber recovery strategies. Building on this, Rubrik launched Agent Rewind in August 2025, a feature for enhanced endpoint protection that provides visibility, auditability, and reversal of unintended AI agent actions through immutable snapshots and audit trails. In October 2025, Rubrik introduced the Agent Cloud, a platform to govern and monitor AI agent deployments, mitigating risks from autonomous AI operations in enterprise environments.

Leadership and operations

Key executives and founders

Rubrik's leadership is anchored by its co-founders, who bring deep expertise in engineering, venture capital, and enterprise software to drive the company's zero trust data security vision. Bipul Sinha serves as CEO and Chairman since the company's inception in 2014, having co-founded Rubrik after a successful tenure as a partner at Lightspeed Venture Partners, where he invested in early-stage tech companies. Prior to that, Sinha held engineering roles at IBM and Oracle, shaping his understanding of scalable data systems, which informed Rubrik's product architecture focused on cyber resilience. Under his leadership, Sinha spearheaded the strategic direction that culminated in Rubrik's initial public offering in April 2024, positioning the company as a leader in cloud data management. Arvind Nithrakashyap, co-founder and , oversees Rubrik's technical roadmap, leveraging over two decades of experience in building storage, , and distributed systems. He began his career at , where he co-founded the Exadata storage platform and served as a principal on cluster technologies, before leading real-time ad infrastructure at Rocket Fuel. Nithrakashyap's contributions have been pivotal in developing Rubrik's core innovations, such as its unified platform that integrates , recovery, and detection. Among other key executives, Kiran Choudary joined as in 2020, managing finance, IT, product operations, and workplace functions to support Rubrik's global scaling. Choudary previously served as of Finance and Strategy at , where he played a key role in the 's 2015 IPO and financial growth strategies. Brian McCarthy, who served as from 2021 and has been President, Global Field Operations since 2025, leads global sales and go-to-market operations, drawing on his expertise in driving revenue expansion for enterprise software firms. His tenure has focused on accelerating customer adoption of Rubrik's security cloud solutions amid rising cyber threats. The founding team also includes Soham Mazumdar, who served as Chief Architect and shaped Rubrik's foundational during its early years, contributing to the platform's scalability before leaving in 2023 to found and lead WisdomAI. Jain, another co-founder, provided strategic advisory input post-founding while advancing his career as CEO of Glean, an AI-powered company, building on his prior role as a Distinguished at . Rubrik's executive and engineering teams emphasize talent drawn from Silicon Valley tech giants, with nearly half of its early engineering staff hailing from companies like and to innovate in and . This blend of foundational expertise and diverse backgrounds from leading firms underscores the company's focus on resilient, enterprise-grade solutions.

Board of directors and governance

Rubrik's board of directors comprises eight members as of late 2024, including two co-founders and six independent directors, providing oversight following the company's in April 2024. The board is led by Bipul Sinha as Chairman and CEO, alongside Arvind Nithrakashyap as CTO and director. Key independent directors include , serving as Lead Independent Director and a technology governance expert who previously led Symantec as CEO from 1999 to 2009 and Chairman until 2011. Other notable members are Ravi Mhatre, a partner at representing a major early investor, and directors with public company experience such as Mark McLaughlin, former Chairman and CEO of ; R. Scott Herren, EVP and CFO at Systems; Yvonne Wassenaar, former CEO of ; and Asheem Chandna, partner at . Post-IPO, the board incorporated additional expertise in public company operations through directors like Thompson and McLaughlin, both former leaders of firms, to enhance oversight of strategic risks and compliance. Rubrik's structure features three standing committees composed entirely of independent directors: the (chaired by R. Scott Herren, with Asheem Chandna and Yvonne Wassenaar); the Compensation Committee (chaired by Asheem Chandna, with Mark McLaughlin and Ravi Mhatre); and the Nominating and Committee. These committees support the board's responsibilities for financial reporting, , director nominations, and , including cybersecurity threats aligned with the company's focus on data resilience. The board's Corporate Governance Guidelines, adopted in April 2024, emphasize director independence, ethical conduct, and consideration of diverse backgrounds in nominations to promote inclusive and varied perspectives in oversight. This includes a commitment to assessing major risks such as cyber threats and operational disruptions, reflecting Rubrik's core mission in .

Financial performance

Revenue and subscription metrics

Rubrik's fiscal year 2024 revenue reached $628 million, reflecting a modest 4.7% year-over-year increase, while the company reported a net loss of $354 million amid investments in growth and operations. This period marked a transition toward a subscription-heavy model, with subscription revenue comprising approximately 86% of total revenue. By 2025, Rubrik demonstrated accelerated growth, with subscription annual recurring revenue (ARR) reaching $1.25 billion as of the second quarter of fiscal 2026, representing 36% year-over-year growth driven by expanded adoption of the Rubrik Security Cloud (RSC). The company projected of $1.227 billion for fiscal year 2026, underscoring sustained momentum in its SaaS offerings. Key metrics highlight Rubrik's customer expansion and profitability improvements, including 2,505 customers generating $100,000 or more in ARR, a 27% increase year-over-year. Subscription gross margins exceeded 75%, with non-GAAP margins at 81.6% in the second quarter of fiscal 2026, benefiting from in delivery. The business model has shifted significantly, with over 90% of revenue now recurring from SaaS subscriptions, amplified by RSC's integrated features that have boosted and upsell opportunities. Geographically, approximately 72% of Rubrik's revenue originates from the (including 67% from the ), with ongoing expansion in , , and (EMEA) and (APAC) regions contributing to diversified growth. This international push, which saw non-U.S. revenue at about 33% of total in fiscal 2025, supports the company's strategy to capitalize on global demand for solutions.

Stock performance and valuation

Rubrik's shares debuted on the on April 25, 2024, at an opening price of $38.60, above the IPO price of $32, reflecting initial investor enthusiasm for the company's platform. The stock experienced significant volatility post-IPO, reaching a 52-week high of $103.00 on June 6, 2025, driven by strong growth in subscription revenue and expanding market adoption of solutions. As of November 17, 2025, shares closed at $69.69, amid broader market fluctuations in the cybersecurity sector and macroeconomic pressures. As of November 17, 2025, Rubrik's stood at approximately $13.76 billion, positioning it as a mid-cap player in . The company's price-to-sales (P/S) ratio was around 13.0x (TTM) , indicating a premium valuation relative to peers, supported by expectations of sustained high growth rates exceeding 40% annually. This multiple reflects investor confidence in Rubrik's subscription-based model, though it remains sensitive to execution risks in a competitive landscape. Key events have influenced share performance, including the second quarter fiscal 2026 earnings release on September 9, 2025, where Rubrik reported revenue of $309.9 million—a 51% year-over-year increase—and a narrower-than-expected non-GAAP net loss of $0.03 per share, beating consensus estimates. Despite the positive results, shares declined about 8% in early trading following the announcement, as some analysts viewed much of the growth as already priced in. Analyst sentiment remains largely optimistic, with 91% of 23 covering firms issuing Buy ratings and an average price target of $92, suggesting potential upside from current levels. Institutional investors hold over 72% of Rubrik's outstanding shares, underscoring strong backing from major funds. Vanguard Group owns approximately 8.46% (12.02 million shares), while holds 5.88% (8.35 million shares), both increasing positions in 2025 amid the company's path toward profitability. Persistent challenges include ongoing net losses, with the company reporting quarterly losses in the range of $50-100 million in recent periods, though narrowing from prior years due to improved gross margins above 78%. These losses, driven by high sales and R&D investments, continue to pressure valuation multiples and contribute to share price volatility.

Controversies

Dell EMC trade secrets lawsuit

In February 2018, Dell EMC, through its subsidiary EMC Corporation, filed lawsuits in the U.S. District Court for the District of Massachusetts against two former sales employees, Ryan Baker and Louis Ferreira, who had recently joined Rubrik. The suits alleged that the employees misappropriated trade secrets related to data protection technology by downloading proprietary information before departing EMC, in violation of their Key Employment Agreements. Specifically, Baker was accused of downloading sensitive data to an external hard drive in July 2017 and soliciting EMC customers, resulting in a lost $1.2 million sale; Ferreira was accused of copying customer proposals and sales data to a USB drive in November 2017. EMC further claimed that the actions aided Rubrik, which had hired at least 18 former EMC employees in the prior year, in accelerating its development of cloud-based data protection features by leveraging the stolen information. Rubrik denied any wrongdoing, asserting that the lawsuit represented anticompetitive tactics by Dell EMC to stifle competition in the market. In response, filed a against EMC on March 12, 2018, challenging the allegations. The cases were resolved through out-of-court settlements later in 2018, with Ferreira's suit dismissed on April 23 and Baker's on July 10; terms remained undisclosed, and neither party admitted liability. No further legal actions or charges arose from the dispute, underscoring the intense competitive pressures in the enterprise data backup and recovery sector. In 2024, the U.S. Department of Justice launched an investigation into a former Rubrik sales employee accused of diverting funds from 110 government contracts totaling approximately $46 million, with the probe focusing on potential against Rubrik and federal agencies. The employee was indicted in 2024 on charges of to defraud, and Rubrik cooperated fully with authorities, stating that the company was not implicated and expressing disturbance over the alleged conduct. No financial impact to Rubrik was reported from the matter. Rubrik faced a data security incident in early 2025 when an unauthorized actor compromised a server containing access information for certain customers, though a third-party forensic investigation found no evidence of data misuse or broader network breach. This event prompted notifications to affected parties and enhanced security measures, aligning with regulatory requirements for incident disclosure under frameworks like GDPR and CCPA, but no formal enforcement actions were disclosed. On the intellectual property front, Rubrik was named as a defendant in a 2023 filed by InnoMemory LLC in the U.S. District Court for the Western District of Texas, alleging violations related to technologies used in Rubrik's data systems. The case was voluntarily dismissed on November 29, 2023, with terms undisclosed and no reported material financial effects on the company. Earlier patent disputes, such as those with Systems (settled amicably in ), highlight Rubrik's involvement in industry-standard IP challenges in and recovery innovations. As a cybersecurity provider incorporating AI-driven tools for threat detection and data protection, Rubrik operates within a sector subject to evolving U.S. export controls on advanced technologies, including restrictions under the to prevent sensitive AI security features from reaching prohibited entities. The company maintains compliance programs to address these requirements, with no specific violations reported.

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