Rubrik, a prominent data security firm, has initiated the process for a public offering by filing for a listing on the New York Stock Exchange.

The company, known for its innovative approaches to data security, plans to trade under the ticker symbol "RBRK."

This move marks a significant milestone for Rubrik as it seeks to expand its influence and operations within the data security industry.

Notably, Rubrik has garnered support and investment from Microsoft (NASDAQ:MSFT), a leading global technology company.

Microsoft's backing is not just financial; it represents a strategic partnership, with Microsoft also holding a minor ownership stake in Rubrik.

This collaboration underscores Rubrik's potential and Microsoft's interest in strengthening its foothold in the data security sector.