Rubrik, a cloud data management platform for enterprises, has raised $261 million in a series E round of funding from Bain Capital Ventures, Lightspeed Venture Partners, Greylock Partners, Khosla Ventures, and IVP. Following this investment, Rubrik is now valued at $3.3 billion — more than double the value at its $180 million series D round in 2017. Founded out of Palo Alto in 2014, Rubrik is one of a number of data-management platforms that targets companies that store their data in public clouds, on-site servers, or through hybrid approaches.