Rubrik Approaches $100M Annual Run Rate in Only Six Quarters of Selling; Appoints Mark Smith as EVP of Global Sales to Further Accelerate Growth

PALO ALTO, CA--(Marketwired - February 08, 2017) - Rubrik, the cloud data management company, today announced global annual run rate approaching $100M, representing a 7x increase in the number of Enterprise customers in the last year. By reaching this threshold in just 6 quarters of selling, Rubrik is on pace to be the fastest growing enterprise infrastructure company ever, evidence that customers are rapidly abandoning legacy Backup and Recovery for Rubrik's Cloud Data Management solution.

"Enterprises are increasingly viewing Rubrik Cloud Data Management as an imperative to simplifying IT and realizing the Cloud," said Bipul Sinha, Co-founder and CEO, Rubrik. "In 2016, we were extremely pleased to help ever more enterprise customers, including dozens of Global 1000 customers and government institutions, deploy Rubrik in large-scale production environments."

Rubrik also announced expansion of the executive management team with the appointment of Mark Smith as Executive Vice President of Global Sales and Business Development. Previously at Arista Networks, Smith was Senior Vice President of WW Sales and Business Development; during his four years at Arista, revenues grew from $200M to over $1B. Smith has over 25 years of experience building high performance global sales, marketing and business development teams at Infoblox, Juniper Networks and NetScreen, among others. He was also named one of VARBusiness' Top 100 Executives of the year and a Computer Reseller News Channel Chief.

"Rubrik has really taken hold in enterprise IT in an unprecedented way by not only simplifying backup and data protection, but also enabling enterprises to manage their data in the hybrid cloud," said Smith. "Looking forward to 2017, we will focus on increasing our ability to quickly win new enterprise customers, motivate global channel activity, and growing repeat customer business -- all of which will point to even bigger things ahead."

"With a nearly $100M run rate, we are on track to be the fastest growing infrastructure company ever. Adding Mark's deep expertise in scaling global sales and channel will help us accelerate our next stage of growth. Mark's commitment to the customer and to partners is evident from his successes at companies such as Arista, Infoblox, and NetScreen, among others," said Mike Tornincasa, VP North America Sales at Rubrik.