Warriors news: Kevin Durant invests in Silicon Valley tech startup
This has opened the door to Durant putting forth a commitment to investing in a data management company located in the Silicon Valley, according to Diamond Leung of SportTechie.
A Palo Alto, Calif.-based company founded in 2014, Rubrik provides a Cloud Data Management platform that helps businesses, governments and nonprofit organizations keep and use their data. Rubrik provides data protection, search, analytics, archival and copy data management.
“I invest in game-changing companies with a winning spirit,” Durant said in a statement. “Rubrik is a rising tech powerhouse taking on a $48 billion market opportunity. I’m excited to support (Rubrik co-founder and CEO Bipul Sinha) and his team as they build a global brand.”
The reigning NBA Finals MVP has invested in other technology companies through The Durant Company such as Postmates, Acorns, Propel, and Zenreach. Rubrik has been a profitable organization raising more than $292 million in funding.
This provides Durant with a chance to not only expand his personal brand but also present another way for him to earn money away from the court. This could possibly become one of the biggest ventures when he retires from the NBA several years down the road.
As he progresses through this next chapter of his career, he may shift his attention more progressively toward business opportunities.