Indian origin founders led Silicon Valley startup Rubrik gets $261mn

Silicon Valley-based cloud data management startup Rubrik, led by Indian origin co-founders, has raised $261 million at a valuation of $3.3 billion in Series E funding round. New investor Bain Capital Ventures and existing investors including Lightspeed Venture Partners and IVP participated in the round. Bipul Sinha, Arvind Nithrakashyap, Arvind Jain and Soham Mazumdar founded Rubrik in 2014.