Top Investors of Data Backup Provider Rubrik Are Rival’s Ex-CEOs
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Rubrik Inc. raised $41 million in a new funding round as it seeks to lure customers away from bigger providers of data backup software and services.
The company is backed by executives who led the last generation of the technology. John Thompson, the former chief executive officer of Symantec Corp., which bought backup vendor Veritas, is Rubrik’s top investor. Other investors include Mark Leslie, who was Veritas’s founding CEO and Frank Slootman, who ran backup company Data Domain, now part of EMC Corp. It’s EMC and Veritas that Rubrik counts as its main rivals.