Vinod Khosla, the venture capitalist who co-founded Sun Microsystems in the 1980s, is betting big that the Nutanix mafia will transform business computing.
Khosla led a $61 million investment in Rubrik, a provider of data backup and recovery technology, in a deal announced Tuesday.
Rubrik co-founder and CEO Bipul Sinha was among the first investors in Nutanix and remains on the board of the cloud-based storage and computing company. Khosla Ventures is the second-biggest Nutanix shareholder, behind Lightspeed Venture Partners, Sinha's former employer.
Khosla's firm also invested in ThoughtSpot, a business intelligence software vendor led by Nutanix co-founder Ajeet Singh.
Rubrik has now raised $112 million in the past 17 months, while Nutanix is on file to go public and ThoughtSpot announced a $50 million fundraising round in May.
"All three have exceptional teams," said Khosla, in an interview. In addition to the personnel overlap, Khosla said each company is in "a large market that hasn't had much innovation."
Rubrik, based in Palo Alto, California, is attacking a part of the technology industry that even its CEO has called boring.
Backup and recovery have been necessary evils for corporations. Businesses have to pay for the protection, because when documents are lost, hacked or destroyed, it's often critical that they get retrieved.