The security and AI operations company, Rubrik, has made a significant commitment to investing in the UK, with plans to invest more than £375 million over the next five years.
This investment will fund continued expansion across Europe, the Middle East, and Africa, including further hiring in sales, marketing, and customer support, adding high-skilled jobs to the capital city.
London has dominated the AI sector in the UK, attracting the lion's share of Britain's record £8.3 billion of AI investment last year, and Rubrik's arrival will do nothing to loosen its grip.
The company's UK business has just delivered a record first quarter, with new customers including Fortegra Financial Corporation, Harbour Energy, Manchester City Council, and the Scottish Government.
Rubrik's CEO stated that the UK is one of the world's leading technology markets and has become increasingly important to the company's long-term growth.
The investment will strengthen Rubrik's UK ecosystem, helping customers address the need for European data sovereignty, quickly recover from cyberattacks, and safely scale AI.
This move will have a significant impact on smaller firms, which will need to weigh the cost of protection against the cost of a breach, as government figures show 43 per cent of UK businesses identified a breach or attack in the past year.
The incoming Cyber Security and Resilience Bill will only accelerate the trend of large enterprises and public bodies adopting platforms like Rubrik's, placing additional security expectations on smaller suppliers.
Rubrik's decision to make London its European headquarters is a vote of confidence in Britain's talent and this country as a place to invest, hire, and grow, creating high-skilled jobs and deepening strengths in the fast-growing fields of cyber and AI.
The company now serves 2,000 customers across EMEA, nearly half of whom use three or more of its products, and the London base is intended to help it scale regional operations and tap the UK's technology talent pool.
The new office comes with a full late-cycle tech fit-out, featuring an indoor park, cafe, wellness studio, and rooftop bar, as well as plans for an Executive Briefing Centre for customer and partner engagements.
Rubrik's launch of Rubrik Security Cloud on the AWS European Sovereign Cloud has given the EU public sector and highly regulated private organisations a cloud-native route to sovereign cyber resilience, highlighting the growing importance of data sovereignty and cyber recovery.
