_microsoft-backed-rubrik-surpasses-expectations-with-ipo-pricing-at-3632-per-share.jpg "Microsoft-Backed Rubrik Surpasses Expectations with IPO Pricing at $32 per Share from yu 6000 software Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 1.1M times
✓ Published: 26-Apr-2024
👁 View: 1.1M times
✓ Published: 26-Apr-2024
Description:
Data management software company Rubrik priced its IPO at $32 per share, above its expected range. The company raised $752 million by selling 23.5 million shares in its debut on the NYSE, valuing Rubrik at $5.6 billion. Rubrik provides cloud-based cybersecurity software for data protection, backup and recovery, and ransomware prevention. Major backers include Microsoft, which invested in 2021, and Lightspeed Venture Partners, which will retain over 25% voting power. Rubrik is one of the first notable tech IPOs of 2024 following Reddit and Astera Labs earlier this year.
Data management software company Rubrik priced its IPO at $32 per share, above its expected range. The company raised $752 million by selling 23.5 million shares in its debut on the NYSE, valuing Rubrik at $5.6 billion. Rubrik provides cloud-based cybersecurity software for data protection, backup and recovery, and ransomware prevention. Major backers include Microsoft, which invested in 2021, and Lightspeed Venture Partners, which will retain over 25% voting power. Rubrik is one of the first notable tech IPOs of 2024 following Reddit and Astera Labs earlier this year.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_what-if-joey-wheeler-played-yu-gi-oh-today-124-gamble-deck-vs-meta-decks-124-master-duel.webp "Katastrofy Games")
⏲ 12 minutes 39 seconds 👁 82
_man-transforms-back-to-the-future-cars-into-bizarre-creations.webp "A MAN who collects DeLorean cars has transformed the classic Back To The Future vehicles into a monster truck, a limousine, a hovercraft, a convertible and a Time Machine Replica. Rich Weissensel, a software engineer, is fanatic about the two-door sports car and owns five custom creations – including a stretched DeLorean Limousine - and three stock DeLoreans. Rich has re-modeled the stainless-steel shape of the iconic cars into bizarre and brilliant automotive creations in an ongoing, 14-year series of projects. The projects started after Rich met the car's founder John DeLorean at the Cleveland DeLorean Car Show in 2000 and showed him some of his ideas and sketches. Rich from Chicago, Illinois, built a custom hovercraft using the stainless steel panels of the DeLorean and a hovercraft cushion which allows the DeLorean to float over any surface.")
_yureka-yu4711-flashing-124-restore-software-124-update-124-in-hindi.webp "Prateek iit")
_how-to-free-download-yu-usb-drivers-all-models.webp "ExtensionBD")
_yu-yureka-note-yu6000-upcoming-specifications.webp "Tech Secrets")
_yu-a6000-frp-unlock-by-miraclebox.webp "NK Unlocking")
_ibm-stock-plummets-as-disappointing-q1-sales-growth-as-it-aims-to-boost-revenue-and-profit-margins-with-366-4-billion-ha.webp "IBM's stock price dropped 9% after hours as its first-quarter sales growth of 1% to $14.5 billion disappointed investors. IBM's consulting division, it's second-largest, reported flat revenues of $5.2 billion, reflecting a \")
_xposed-installer-and-modules-in-yu-yureka-note.webp "VIKKY TECH")
_what-if-joey-wheeler-played-yu-gi-oh-today-124-gamble-deck-vs-meta-decks-124-master-duel.jpg)
_man-transforms-back-to-the-future-cars-into-bizarre-creations.jpg)
_yureka-yu4711-flashing-124-restore-software-124-update-124-in-hindi.jpg)
_how-to-free-download-yu-usb-drivers-all-models.jpg)
_yu-yureka-note-yu6000-upcoming-specifications.jpg)
_yu-a6000-frp-unlock-by-miraclebox.jpg)
_ibm-stock-plummets-as-disappointing-q1-sales-growth-as-it-aims-to-boost-revenue-and-profit-margins-with-366-4-billion-ha.jpg)
_xposed-installer-and-modules-in-yu-yureka-note.jpg)
![[+]](/images/menu.gif){kind=small}