Fast-growing Silicon Valley ‘unicorn’ Rubrik expanding to Lawrence

May 31, 2017  |  Bobby Burch

The Bioscience & Technology Business Center in Lawrence, Kan.

Rubrik — a rapidly-growing, cloud data company based in Palo Alto, Calif. — is launching a new office in Lawrence and plans to hire up to 20 area engineers.

The firm partnered with the Bioscience & Technology Business Center at the University of Kansas to create the Rubrik Center for Excellence. The center will house a data lab and technical support facility with locally-recruited staff. Rubrik creates data backup and recovery software.

Founded in 2014 and already with nearly 400 employees, Rubrik reported that its annual run-rate is approaching $100 million in three years. In May, the firm raised $180 million in a Series D investment round at a valuation of $1.3 billion, qualifying it as a “unicorn,” or firm valued at more than $1 billion.

Gerry Garwood, Rubrik regional sales manager for Kansas and Missouri, said that the new office on the KU campus will afford the company access to high-caliber talent.

“We are thrilled to establish the Rubrik Center for Excellence, which will serve the greater Kansas City metropolitan area and provide support to our global customer base that spans more than 25 countries across five continents,” Garwood said in a release. “Inspired by the Research Triangle Park in North Carolina, we expect the Rubrik Center for Excellence adjacent to the University of Kansas in Lawrence to become a hub for research, innovation and training in the Midwest.”

The Bioscience & Technology Business Center is a partnership among the City of Lawrence, Douglas County, University of Kansas, and the Lawrence Chamber of Commerce to support bioscience and tech firms. To foster growth, it provides bioscience and tech firms modern labs, office space, business counseling and connections to key partners.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        Dave Alburty, CEO of InnovaPrep

        Pipeline alum set to ‘save the world’ through $1M US Army biotech contract

        By Tommy Felts | September 28, 2017

        The U.S. Army recently awarded a Missouri biotech startup a $1 million contract for 24 months. Based in Drexel, Missouri, about an hour south of Kansas City, InnovaPrep was selected out of hundreds of proposals for the Department of Defense’s 2016 Rapid Innovation Fund. The contract is expected to advance development of the U.S. Army…

        Tech startup wants to bring Sunshine, electricity to hurricane victims

        By Tommy Felts | September 28, 2017

        17° 73° Innovation Co. founder Conner Hazelrigg launched a crowdfunding campaign Wednesday to provide disaster relief to Puerto Ricans affected by Hurricane Maria. In response to the island’s electricity shortage, the tech startup wants to deploy its Sunshine Box, a portable solar-charging station that can charge 10 devices at a time. The technology is designed…

        Blooom reaches $1 billion in assets under management

        By Tommy Felts | September 28, 2017

        Blooom announced Thursday that the Leawood-based financial tech firm has reached $1 billion in assets under management, becoming the fastest, independent robo advisor to pass that threshold. Although it’s not the first robo advisor to reach $1 billion, Blooom did so by stretching its dollar much farther than Silicon Valley fintech counterparts, said co-founder Chris Costello. “This…

        KC smart city leader: Only one city ‘smart’ enough for Amazon HQ2

        By Tommy Felts | September 27, 2017

        Kansas City’s smart city excellence stands out among a crowded field of major U.S. cities vying for Amazon’s second headquarters, Bob Bennett said. “San Diego has a crazy amount of smart street lights, but they aren’t connected to anything except themselves. New York City has a great Wi-Fi network,” said Bennett, chief innovation officer at…