Microsoft-Backed Rubrik Said Ready to File Next Week for IPO (1)

March 29, 2024, 5:36 PM UTC

Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., is planning to file as soon as next week for an initial public offering, according to people familiar with the matter.

Details of the company’s plans, including the timing, could still change, said the people, who asked not to be identified discussing confidential information. A spokesperson for Palo Alto, California-based Rubrik declined to comment.

Rubrik is set to join other companies planning to go public after successes this month by social media platform Reddit Inc. and semiconductor connectivity company Astera Labs Inc., which met or ...

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