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Company Overview
Rubrik Inc aims to protect global data with its Zero Trust Data Security approach, recognizing the inevitability of cyberattacks targeting data. The Rubrik Security Cloud (RSC) is developed with Zero Trust principles to secure data across enterprise, cloud, and SaaS applications, facilitating the detection, analysis, and remediation of data security risks and unauthorized user activities. The company's transition from Converged Data Management to Cloud Data Management (CDM) and finally to RSC reflects its dedication to innovation and customer-focused solutions. By shifting to subscription-based offerings, Rubrik prioritizes recurring revenue streams, with RSC becoming the primary revenue contributor. Revenue recognition is aligned with subscription terms, with the majority of sales structured as three-year terms with upfront payment. Rubrik continues to innovate its security product portfolio, introducing solutions like Threat Hunting, Threat Containment, and Cyber Recovery, to address evolving cybersecurity challenges and meet customer needs.
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