(Bloomberg) -- Rubrik, a maker of data backup and recovery software, said it raised $180 million dollars, valuing the startup at $1.3 billion.

The investment round was led by Institutional Venture Partners and also included funds from Lightspeed Venture Partners and Greylock Partners. The Palo Alto, California-based company has raised a total of $292 million and has now become a unicorn, a startup worth more than $1 billion.

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