Microsoft has invested an undisclosed amount in cloud data man | Pre-IPO Watch

Microsoft has invested an undisclosed amount in cloud data management firm Rubrik as part of a plan to jointly develop Zero Trust products built on the Azure cloud.

Microsoft takes a stake in Rubrik to combat ransomware.

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https://www.bloomberg.com/news/articles/2021-08-17/microsoft-invests-in-rubrik-to-protect-against-cyberattacks?srnd=markets-vp