_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 nokia power ranger free game 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: 925K times
✓ Published: 26-Apr-2024
👁 View: 925K 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
_phillies-battle-reds-suarez-vs-greene-showdown-analysis.webp "Phillies Battle Reds: Suarez vs. Greene Showdown Analysis from nokia power ranger free game")
_1mdb-charges-against-najib-are-39all-wrong39-says-lawyer-shafee.webp "The defence of Datuk Seri Najib Razak has called out the \")
_the-scotsman-bulletin-monday-april-22-2024-sport-scottishcup.webp "Scotsman deputy editor Alan Young and sport editor Marl Atkinson look back at the weekends action in the Scottish Cup semi finals at Hampden")
_philadelphia-phillies-rise-suarez-amp-sanchez-lead-the-way.webp "Philadelphia Phillies Rise: Suarez & Sanchez Lead the Way from nokia power ranger free game")
_rangers-reunite-with-robinson-chirinos.webp "Rangers Reunite With Robinson Chirinos")
_the-bricklayer-2023.webp "The Bricklayer is a 2024 American action thriller film directed by Renny Harlin and written by Hanna Weg and Matt Johnson, based on the 2010 novel of the same name by Paul Lindsay under his pen name Noah Boyd, and starring Aaron Eckhart, Nina Dobrev, Tim Blake Nelson, Ilfenesh Hadera, and Clifton Collins Jr.")
_power-rangers39-original-red-ranger-actor-is-launching-a-clothing-line-featuring-hitler-quotes-and-amy-jo-johnson-bluntl.webp "When Mighty Morphin’ Power Rangers premiered in 1993, the original lineup of teenagers with attitude including Austin St. John as Jason, the Red Ranger, and Amy Jo Johnson as Kimberly, the Pink Ranger. Both actors would end up leaving Mighty Morhpin’ before it finished its run, but they’re still closely associated with the Power Rangers franchise, and have even returned to their old stomping grounds on one or more occasions. However, following St. John revealing that he has a clothing line coming out featuring Hitler quotes, Johnson has bluntly responded to this apparel choice.")
_billie-eilish-has-been-39in-love-with-girls-for-her-whole-life39.webp "Billie Eilish has revealed that she took years to understand her own sexuality.")
_phillies-battle-reds-suarez-vs-greene-showdown-analysis.jpg)
_1mdb-charges-against-najib-are-39all-wrong39-says-lawyer-shafee.jpg)
_the-scotsman-bulletin-monday-april-22-2024-sport-scottishcup.jpg)
_philadelphia-phillies-rise-suarez-amp-sanchez-lead-the-way.jpg)
_rangers-reunite-with-robinson-chirinos.jpg)
_the-bricklayer-2023.jpg)
_power-rangers39-original-red-ranger-actor-is-launching-a-clothing-line-featuring-hitler-quotes-and-amy-jo-johnson-bluntl.jpg)
_billie-eilish-has-been-39in-love-with-girls-for-her-whole-life39.jpg)
![[+]](/images/menu.gif){kind=small}