Get the latest tech news

How Rubrik’s IPO paid off big for Greylock VC Asheem Chandna


Asheem Chandna says he was so impressed with founder Bipul Sinha's grit and tech, he led Rubrik's $40 million Series B in 2015.

When Asheem Chandna drove up to Rubrik’s office in Palo Alto on a Friday night in early 2015, he was looking forward to learning what the young company that had yet to build its product would show him. “The longer I do what I do, the more I fundamentally believe that venture is a people business,” said Chandna, who has been an investor for over 20 years and has an enviable track record of successful exits. Chandna declined to say if he expects other Greylock portfolio companies to follow Rubrik’s lead but added emphatically that the firm’s best-performing late-stage businesses are Abnormal Security, Cato Networks, Discord, Figma and Lyra Health.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of IPO

IPO

Photo of rubrik

rubrik

Related news:

News photo

Good news for Rubrik, bad news for TikTok and medium news for early-stage startups

News photo

Microsoft-Backed Rubrik Leads Debut Trio Setting Steady IPO Pace

News photo

Rubrik’s shares end trading up almost 16% on the company’s public debut