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

        KCRise Fund invests in PEQ and Dunami

        By Tommy Felts | December 22, 2016

        The KCRise Fund announced two investments in area firms Thursday to round out its 2016. Launched in February in conjunction with the KC Rising economic initiative, the KCRise Fund joined ongoing investment rounds in tech firms PEQ and Dunami. Kansas City-based PEQ is an Internet of Things service enabler that created an operating system for…

        Missouri job growth among the best in the U.S.

        By Tommy Felts | December 21, 2016

        Missouri job growth among the best in the U.S. In 2016, the Show Me State gained 57,100 jobs — a figure that topped all 8 of Missouri’s neighboring states. In addition to job growth, Missouri’s unemployment rate decreased .4 percent during the past month, according to a recent report by the U.S. Bureau of Labor…

        Nerdery

        ‘Nerds’ want to retool Kansas City nonprofits’ websites

        By Tommy Felts | December 21, 2016

        ‘Tis the season to help your fellow man — and their website. That seems to be the driving force behind a volunteer-led program to improve the digital presence of several Kansas City nonprofits. The Nerdery and its foundation will host the Overnight Website Challenge, which over the years has tapped hundreds of volunteers to complete…

        Chris Brown: How to split equity in your startup

        By Tommy Felts | December 20, 2016

        Editor’s note: Opinions expressed in this commentary are the author’s alone. This article is general in nature and does not constitute legal advice. Readers with legal questions should consult an attorney. When founding a new startup it is common to have disagreements over how much equity each founder should receive. In this post, we will…