Cybersecurity platform Rubrik prices upsized IPO at $32, above the range
Rubrik, which provides a hybrid cloud data management and security platform for enterprises, raised $752 million by offering 23.5 million shares at $32, above the range of $28 to $31. The company offered 500,000 more shares than originally anticipated. At pricing, Rubrik commands a fully-diluted market value of $6.6 billion. Rubrik is known for its enterprise backup and recovery...read more