Rubrik acquires Datos IO to expand into NoSQL database management support [TechCrunch Blog]
MongoDB, Inc. - Class A (MDB)
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Source: TechCrunch Blog
Rubrik acquires Datos IO to expand into NoSQL database management supportRubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition.The financial terms of the deal are not being disclosed (we’re asking) but according to PitchBook it looks like Datos IO would have been valued at at least $45 million after its last round in May 2017 (pre-money valuation of $40.5 million, with its final round valued at $4.6 million).Rubrik says that Datos IO will continue to be led by its co-founder and CEO Tarun Thakur, and it will exist as a new business unit called Datos IO.Like Rubrik, Datos IO is a specialist in backup and recovery, but with a specific focus on NoSQL databases such as MongoDB, Cassandra, Couchbase
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