Rubrik, a startup backed by Silicon Valley luminaries that makes software for managing and recovering data, has had an approach from at least one large technology company about selling itself, according to one person with direct knowledge of the matter. 

The two companies held preliminary discussions that were underway sometime around January, said one of the people. On Tuesday, Rubrik CEO Bipul Sinha denied that the company had engaged in any discussions. He told The Information “we have no intention of selling the company,” noting that while companies had expressed interest in buying Rubrik in the past, that had not happened for at least a year. He also said Rubrik had never solicited anyone to buy the company.