https://techcrunch.com/2019/01/15/data-management-startup-rubrik-gets-261m-at-a-3-1b-valuation-as-it-moves-into-security-and-compliance/

There is a growing demand for stronger security at every point in the IT ecosystem, and today, one of the the more successful enterprise startups to emerge in the last several years is announcing a big round of funding to provide that.

Rubrik, which provides enterprise data management and backup services across on-premise, cloud and hybrid networks, has raised $261 million in funding at a $3.3 billion valuation from Bain Capital Ventures and previous investors Lightspeed Venture Partners, Greylock Partners, Khosla Ventures and IVP. It intends to use the funding to build (and buy) tech to expand deeper into security and compliance services alongside its existing data management products.