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

        Ahead of Valentine’s, e-commerce floral shop Zinnia prunes itself to grow

        By Tommy Felts | February 9, 2016

        Zinnia is not your mom-and-pop local florist — although the company did have a brief iteration as one lasting about a blink last year. It’s also not your big-box, online flower retailer — although their ecommerce site is a beautiful example of what a website focused on the customer experience can look like. The company…

        LaunchKC delivering another $500K in 2016

        By Tommy Felts | February 8, 2016

        Kansas City’s popular grant competition, LaunchKC, will be doling out another $500,000 in 2016 to startups around the world. LaunchKC in April will open the application period for its international competition, which will issue ten $50,000 grants to winners during the second-annual Techweek Kansas City conference. Drew Solomon, vice president of business and job development…

        Key legislator optimistic in the future of Kansas’ angel tax credits

        By Tommy Felts | February 5, 2016

        A Kansas lawmaker overseeing discussion on the future of the state’s angel investor tax credits is confident the program will be made a budgetary priority by his peers in legislature. Rep. Marvin Kleeb, R-Overland Park, said that he and fellow members of the Kansas Committee on Taxation listened to thorough testimony Wednesday during a hearing…

        5 reasons your startup isn’t attracting investors

        By Tommy Felts | February 4, 2016

        Last week, Techstars managing director John Fein told us that one of the main complaints he hears from Kansas City investors is that there aren’t enough fundable startups. Investors may be right, but it’s not necessarily a lack of good ideas. Today, Kansas City investors are looking for more than the next big idea: they’re…