Cybersecurity specialist Rubrik has announced the surpassing of US$500 million in software subscription annual recurring revenue, a net dollar retention rate of greater than 140% and the appointment of Mark McLaughlin, former Palo Alto Networks Chairman and CEO, to its board of directors.
McLaughlin is recognised as a distinguished cybersecurity veteran with more than 25 years of experience leading companies including Palo Alto Networks and Verisign. McLaughlin currently serves as chair of the board of directors for Qualcomm. In this new role, McLaughlin will help support Rubrik as a leader in data security.
“Data security threats – especially ransomware – are some of the most profound and urgent challenges every CEO, board of directors and cybersecurity leader must be prepared to face,” said McLaughlin.
“Rubrik is working to change the trajectory of the cybersecurity industry with its mission to secure the world’s data. Relying on Rubrik, governments and companies are able to deliver business resilience even in the face of the most sophisticated cyber events. I’m honored to join Rubrik’s board and help the company maintain its leadership position in data security.”
Bipul Sinha, CEO and Co-founder of Rubrik, said: “We’re on a mission to help our customers secure their data assets. We believe we’ve never been better positioned to deliver on that mission than with a cybersecurity expert like Mark at our side.”