Bain Capital Ventures led a $261m series E funding round in Rubrik.

Bain Capital Ventures, an asset management company, led a $261m series E funding round in Rubrik, a cloud data management and data security company, with participation from Lightspeed Ventures, Greylock Partners and Khosla Ventures. “Rubrik has won the trust and loyalty of large enterprise customers around the globe by offering a simple and reliable solution that solves the challenge of protecting and managing data in a hybrid cloud world. When we met Bipul, we were instantly impressed with his vision as well as the skill and tenacity of his team. Given my experience leading the largest enterprise data protection company, we are confident that Rubrik is positioned to win and be the market leader in enterprise cloud data management,” Enrique Salem, Bain Capital Ventures Partner.