Backup startup Rubrik raises $41M more, introduces hybrid-cloud box

Silicon Valley startup Rubrik has designed hardware that can take care of boring but necessary processes usually reserved for software, like backup, compression, deduplication, and version management. Now investors are throwing $41 million in funding behind the startup, just a couple of months after it announced an initial funding round and started an early-access program.

The new money will help Rubrik pull in more customers — it had more than 10 in March, when VentureBeat spoke with cofounder and chief executive Bipul Sinha — and partners.

In addition to the funding, Rubrik is also announcing the introduction of its r300 “Hybrid Cloud Appliance,” a 2-rack-unit piece of hardware featuring spinning disk drives and fast solid-state drives. The box can send certain data to off-site public clouds and provide results of searches for data across public and private clouds. Rather than directly sell the box, Rubrik is relying on channel partners to do that.

Competitors include EMC, Veritas, Veeam, and CommVault.

Greylock Partners led the new round in Rubrik. Lightspeed Venture Partners and existing angel investors also participated.

Rubrik started last year and is based in Palo Alto, California.