PALO ALTO, Calif., Sept. 14, 2018 /PRNewswire/ -- Rubrik, the Cloud Data Management company, today announced it has been named to the Forbes 2018 Cloud 100, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.
"It's an honor to be recognized by Forbes and their industry CEO panel for not only our industry leadership, but also our strong operating metrics," said Bipul Sinha, CEO and co-founder of Rubrik. "Rubrik is creating the definitive data management platform for the cloud and is enabling enterprises to turn data management into a competitive advantage. It's been an incredible year for Rubrik and we look forward to continuing our rapid growth in the months and years ahead."
Rubrik has received global attention for its unprecedented growth and innovation. In the past year, the company announced a run rate approaching $300 million and now employs more than 1,200 people across six continents. The company also added prominent industry executives John W. Thompson, Chairman of Microsoft, and John Chambers, former CEO at Cisco, as a Board Member and Board Advisor, respectively. Recently, Rubrik was awarded, for the second year in a row, the 2018 VMworld Best of Show Award and Gold Award for Security with Radar, the Company's new SaaS application which enables enterprises to quickly recover from ransomware and other security attacks. Rubrik had also won in 2017 with its data protection solution, Rubrik Cloud Data Management.
As part of the rigorous selection process for the Forbes 2018 Cloud 100, Bessemer Venture Partners received submissions from the top cloud startups. The Forbes Cloud 100 judging panel, including top public cloud company CEOs, reviewed the data to select, score and rank the top 100 cloud companies from all over the world. The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).
"For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries," said Alex Konrad, Forbes editor of The Cloud 100. "I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to a be a cloud company and founder."
The Forbes 2018 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the September 2018 issue of Forbes magazine.
Rubrik delivers a single platform to manage and protect data in the cloud, at the edge, and on-premises. Enterprises choose Rubrik's Cloud Data Management software to simplify backup and recovery, accelerate cloud adoption, and enable automation at scale. Rubrik's run-anywhere, scale-out architecture is built to empower IT departments today and in the future, reducing total cost of ownership while enabling infrastructure flexibility for a multi-cloud world. For more information, visit http://www.rubrik.com and follow @rubrikInc on Twitter.