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The Rubrik r300 box.

Backup startup Rubrik raises $41M more, introduces hybrid-cloud box

Silicon Valley startup Rubrik has designed hardware that can take care take care of boring but necessary processes usually reserved for software, like backup, compression, deduplication, and version management. Now investors are throwing $41 million in funding behind the startup, just a couple of months after it announced an initial funding round and started an early-access program.

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The Series A crunch domino effect on Middle America

Startups that are poised to disrupt the mainstays of American industry — manufacturing and energy, among others — are stalling before the A-stage. Given the economic importance of Middle America, that’s not just bad for entrepreneurs. It’s a domino effect that’s bad for America.