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

        An insider’s guide to the 2016 Pipeline IOTY

        By Tommy Felts | January 19, 2016

        One of the region’s most highly-esteemed and exclusive events — Pipeline’s Innovator of the Year — is set for this Thursday in Kansas City. Attracting some of the most powerful businesspeople in the Midwest, IOTY is one part pitch competition, two parts black-tie gala and four parts party. It’s a cocktail of entrepreneurial energy, and…

        Digital Sandbox

        Digital Sandbox KC funding three UMKC student-led startups

        By Tommy Felts | January 19, 2016

        Kansas City business incubator Digital Sandbox KC selected three student-led companies for proof-of-concept funding support Tuesday. The enterprises were selected from the University of Missouri-Kansas City’s E-Scholar program and will join three other E-Scholar companies selected in June as part of Digital Sandbox’s partnership with UMKC. Each student startup will receive $10,000 in project development…

        Document: FarmLink raises additional $24.6M for ag tech

        By Tommy Felts | January 19, 2016

        Ag tech startups in Kansas City are plowing a promising 2016. Kansas City-based FarmLink recently secured nearly $24.6 million in investment capital for its farming technology, according to a Securities and Exchange Commission filing. The company offers a suite of tech services for farmers, including analytics platform TrueHarvest and machinery sharing platform MachineryLink Sharing. TrueHarvest…

        ‘PayIt’ up: Kansas City gov tech startup registers $4.5M investment

        By Tommy Felts | January 19, 2016

        Like the dozens of people around him, John Thomson’s 2013 wait at the Missouri Department of Motor Vehicles had him aggravated. It was such a pain — watching the queue slowly subside while working on his phone — that the entrepreneur did what innovators do: he built a company to alleviate the chore. Fast forward…