Rubrik files to go public following alliance with Microsoft

Rubrik filed for an IPO on the NYSE, targeting $500–$700 million, reporting $784 million in subscription revenue growing 47% year-over-year alongside a $277.7 million net loss, while touting an AI-driven data security architecture and its Ruby product built with Microsoft Azure OpenAI Service. The SEC filing highlights a strategic Azure alliance with a multi-year $220 million spend commitment, and briefly notes a March incident involving unauthorized access to an IT testing environment via the GoAnywhere vulnerability; overall, the report focuses on business strategy and partnerships rather than technical incident details.