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

        Harrison Proffitt and Ben Jackson, Bungii

        Tech startup Bungii is your new friend with a truck

        By Tommy Felts | July 12, 2016

        “Hey, can I borrow you and your truck this weekend?” It’s a question dreaded by truck owners everywhere, and in April of 2015, it made Ben Jackson regret ever buying his 1999 Ford Ranger. Jackson — and his truck — had just finished an exhausting day helping friends make four hauls across Manhattan, Kan. The…

        Google Fiber hops to new, pricier plans for businesses

        By Tommy Felts | July 12, 2016

        All good things — or in this case inexpensive things — must come to an end. Google Fiber will soon nix early-access pricing for its gigabit business service and will more than double its costs for new customers in August. Google Fiber — which first arrived in Kansas City in 2012 with residential service —…

        Amazon to bring 1,000 jobs, huge facility to KCK

        By Tommy Felts | July 11, 2016

        Online retail giant Amazon will open a massive new facility in Kansas City, Kan. The Seattle-based company announced Monday that it will create more than 1,000 full-time jobs and construct an 855,000-square-foot fulfillment facility near the Turner Diagonal on I-70 in Kansas City, Kan. “These aren’t just any jobs. They are the best entry-level jobs our…

        equity funding

        Survey: KC is sticky for startups with equity funding

        By Tommy Felts | July 11, 2016

        A majority of Kansas City startups choose to maintain their hometown roots after they raise capital — even when the funds come from outside investors, a recent survey found. Of the companies that raised money in 2013 and 2014, 74 percent of them are still active and headquartered in the City of Fountains, according to…