Data management software provider Rubrik continues to branch out into cybersecurity in advance of an expected IPO, acquiring Israel-based Laminar, which helps customers protect sensitive data stored in the cloud, for an undisclosed sum. Rubrik leaders, who have talked internally about going public as far back as 2019, have recently focused their marketing on helping companies recover...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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