Cyber Security Firm Tanium Raises New Capital At $2.5billion Valuation

Cyber security startup Tanium is raising a new round of funding at a valuation of at least $2.5 billion, according to multiple sources. One even suggests the final figure could top $3 billion. It is unclear if final term sheets have been signed, but Institutional Venture Partners is said to be in the mix as a new investor.

Founded in 2007, Emeryville, Calif.-based Tanium hadn’t raised any venture capital funding until taking in $90 million from Andreessen Horowitz last summer. It would then add another $52 million from Andreessen Horowitz earlier this year at a reported $1.75 billion valuation.

As Fortune noted in March, what makes Tanium unique is its ability to detect and fix enterprise security threats quickly. The company’s technology works across traditional computing infrastructure and systems that make up the Internet of things.
Tanium has contracts in place with 50 of the Fortune 100, including five of the top U.S. banks and four of the top 10 retailers. Some of its biggest accounts are managing upwards of 500,000 devices. In March, the company said it had $100 million in cash and was cash flow positive.

A Tanium spokeswoman did not return a request for comment, while IVP also declined to discuss the company.

Fortune

« Russian Financial Cybercrime
Coinbase Shift Payments To Bitcoin Debit Card »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

NordLayer

NordLayer

NordLayer is an adaptive network access security solution for modern businesses — from the world’s most trusted cybersecurity brand, Nord Security. 

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

Clayden Law

Clayden Law

Clayden Law advise global businesses that buy and sell technology products and services. We are experts in information technology, data privacy and cybersecurity law.

Logpoint

Logpoint

Logpoint is a creator of innovative security platforms to empower security teams in accelerating threat detection, investigation and response with a consolidated tech stack.

CloudPassage

CloudPassage

CloudPassage, a cloud security and compliance pioneer, safeguards cloud infrastructure for the world’s best-recognized brands.

MonsterCloud

MonsterCloud

MonsterCloud is a leader in managed cyber security services. Our cyber security team constantly monitors and protects businesses from cyber threats.

Armis

Armis

Armis offers the markets leading asset intelligence platform designed to address the new threat landscape that connected devices create.

Hardenite

Hardenite

Hardenite solution helps R&D, DevOps and IT teams to continuously manage security risks and hardening efforts of any Linux OS – based product, throughout the product life cycle.

PhishX

PhishX

PhishX is a SaaS platform for security awareness that simulates Cyberthreats, train people, while measure and analysis results, reducing Cybersecurity risks for People and Companies.

Recruit.net

Recruit.net

Recruit.net allows job seekers to instantly find millions of jobs from thousands of web sites with a single search.

CONCORDIA

CONCORDIA

Concordia is a Cybersecurity Competence Network with leading research, technology, and competences to build the European Secure, Resilient and Trusted Ecosystem.

Area 1 Security

Area 1 Security

Area 1 is the only Pay-per-Phish solution in cyber security. And the only technology that blocks phishing attacks before they damage your business.

ARCON

ARCON

ARCON offers a proprietary unified governance framework, which addresses risk across various technology platforms.

Componolit

Componolit

Componolit GmbH is a highly specialized company with a strong emphasis on trustworthy software, component-based systems and formal verification.

CloudCover

CloudCover

CloudCover is a software-defined cybersecurity risk solution that provides risk awareness, risk analytics, and data security in real time.

Access Venture Partners

Access Venture Partners

Access Venture Partners are an early stage VC firm investing in bold founders and helping every step of the way. Areas we give special focus to include cybersecurity.

Kontra

Kontra

Kontra application security training is an interactive and intuitive learning experience that engages developers.

DACTA Global

DACTA Global

DACTA was established with the aim of simplifying the perception of complexity surrounding digital security challenges and solutions.

MergeBase

MergeBase

Reduce software supply chain risk with MergeBase proven Software Composition Analysis (SCA).