Vinod Khosla, the venture capitalist who co-founded Sun Microsystems in the 1980s, is betting big that the Nutanix mafia will transform business computing.
Khosla led a $61 million investment in Rubrik, a provider of data backup and recovery technology, in a deal announced Tuesday.
Rubrik co-founder and CEO Bipul Sinha was among the first investors in Nutanix and remains on the board of the cloud-based storage and computing company. Khosla Ventures is the second-biggest Nutanix shareholder, behind Lightspeed Venture Partners.
Backup and recovery have been necessary evils for corporations. Businesses have to pay for the protection, because when documents are lost, hacked or destroyed, it’s often critical that they get retrieved.
Apart from developing new high-powered recovery systems to work speedily in the cloud, Rubrik also focuses on data management so that customers can make valuable use of their stored information.