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In Good Company
Time to call in Rubrik amid ‘machines attacking machines’
Born poor in India and embraced by American meritocracy, Bipul Sinha is reimagining the cyber-security space.
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The son of a pharmaceutical entrepreneur who had endured successive business failures, Mr Bipul Sinha was educated in the Hindi language until his early teens.
ST PHOTO: NG SOR LUAN
On Sept 9, when Rubrik announced results for the three months ended July, the numbers exceeded all previously guided metrics; subscription annual recurring revenue (ARR), a key number, had grown 40 per cent on year to US$919 million (S$1.2 billion). The number of customers paying US$100,000 ARR or more was up 35 per cent to 1,969.
With such tailwinds, the Palo Alto-based cloud data management and security firm, which sold shares on the New York Stock Exchange (NYSE) just this April, raised full-year guidance across all the scores. It now expects to finish the 2025 fiscal year with a subscription ARR exceeding US$1 billion.
