Lightspeed congratulates Rubrik on its IPO — and celebrates the milestones of our journey together

Enterprise

Rubrik

From first check all the way to the public markets, Lightspeed has been proud to build with Rubrik since its founding in late 2013. Partner Ravi Mhatre led the firm's investment and has remained a trusted advisor and director on the board. Bipul Sinha, Co-Founder and CEO, was a Lightspeed partner when he first envisioned the company that would become Rubrik. Here, a timeline of key moments in Rubrik's growth story:

December 2013
Initial Deal Memo Recommending Investment in Rubrik
January 2014
Lightspeed Leads Series A
May 2015
Rubrik Announces Series B
July 2016
Rubrik Raises Series C
May 2017
Rubrik Announces Series D
June 2018
Hypergrowth
April 2024
IPO
Founders
Bipul Sinha - Co-Founder & CEO
Arvind Jain - CO-FOUNDER & VP OF ENGINEERING
Soham Mazumdar - Co-founder & Architect
Arvind Nithrakashyap - Co-founder & CTO
Founded
2014
Stage
Series A
Invested
2014
Status
Public
Lightspeed Team
Ravi Mhatre - Partner & Co-Founder

Rubrik is a cybersecurity company, with a mission to secure the world’s data. Rubrik pioneered Zero Trust Data Security™ to help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. The company helps organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

building with
Ravi Mhatre
Rubrik

TIMELINE OF LIGHTSPEED INVESTMENT

  • Partnered with Lightspeed since 2014
  • $362M invested
Rubrik

TOP 5% OF GREATER STOCKHOLDERS

  • Lightspeed Venture Partners

    38,984,426 shares 23.9% Voting Power

  • Greylock Partners

    19,895,317 shares 12.2% Voting Power

  • Bipul Sinha

    12,342,646 shares 7.6% Voting Power

  • Arvind Jain

    11,404,364 shares 7.0% Voting Power

  • Arvind Nithrakashyap

    10,896,392 shares 6.7% Voting Power

Source: Pitchbook
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