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Rubrik Priced, NYSE: RBRK

Provides a hybrid cloud data management and security platform for enterprises.

Industry: Technology

Latest Trade: $65.42 -0.70 (-1.1%)

First Day Return: +15.6%

Return from IPO: +106.6%

Industry: Technology

Realizing that cyberattacks ultimately target data, we created Zero Trust Data Security to deliver cyber resilience so that organizations can secure their data across the cloud and recover from cyberattacks. We believe that the future of cybersecurity is data security - if your data is secure, your business is resilient. We built Rubrik Security Cloud, or RSC, with Zero Trust design principles to secure data across enterprise, cloud, and software-as-a-service, or SaaS, applications. RSC delivers a cloud native SaaS platform that detects, analyzes, and remediates data security risks and unauthorized user activities. Our platform is architected to help organizations achieve cyber resilience, which encompasses cyber posture and cyber recovery. We enable organizations to confidently accelerate digital transformation and leverage the cloud to realize business agility. Our Zero Trust Data Security platform assumes that information technology infrastructure will be breached, and nothing can be trusted without authentication. Our data threat engine powered by artificial intelligence and machine learning analyzes the self-describing data time-series to derive security intelligence from data and provide remediation recommendations. Automation is at the core of our architecture ethos. Our automated policy-driven platform delivers data security enforcement, incident response orchestration, and API integrations with the broader security ecosystem.
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IPO Data
IPO File Date 04/01/2024
Offer Price $32.00
Price Range $28.00 - $31.00
Offer Shares (mm) 23.5
Deal Size ($mm) $752
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/24/2024
Offer Price $32.00
Price Range $28.00 - $31.00
Offer Shares (mm) 23.5
Deal Size ($mm) $752
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Barclays
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Company Data
Headquarters Palo Alto, CA, United States
Founded 2013
Employees at IPO 3,100
Website www.rubrik.com

Rubrik (RBRK) Performance