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

        Study: Gov should take long-term approach to grow new businesses

        By Tommy Felts | May 1, 2015

        A recent study by the Ewing Marion Kauffman Foundation reports that while governments have long supported entrepreneurship, new business creation is waning. The study — Guidelines for Local and State Governments to Promote Entrepreneurship — found that new businesses comprised about 8 percent of all U.S. businesses in 2011, down from roughly 15 percent in the…

        Kansas City’s Innovation Partnership program to expand

        By Tommy Felts | April 30, 2015

        Kansas City’s program to streamline the integration of technologies into City Hall is set to expand in hopes of attracting more entrepreneurial participation. The City of Fountain’s Innovation Partnership program plans to ramp up marketing and resources to welcome more companies hoping to test drive their technologies with the city, said Ashley Hand, Kansas City’s…

        Mid-America Angels race for record-setting investment year

        By Tommy Felts | April 30, 2015

        After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet. Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the…