Tanium Secures $200M; Brings Valuation to $6.5 Billion

Funding Rounds

▤ Summary

Tanium , an Emeryville, CA-based platform for business resilience, raised an additional $200m.The round, which raised the company’s pre-money valuation to $6.5 billion, was led by Wellington Management with participation from Baillie Gifford & Company and Adage Capital Management LP.This funding may be used to provide early investor and employee liquidity, as well as for general corporate purposes.Launched in 2007 by CEO Orion Hindawi, Tanium provides enterprise and government organizations with tools to secure, control and manage millions of endpoints across the enterprise within seconds.The platform allows security and IT operations teams to get access to visibility and accurate information on the state of endpoints at all times to protect against modern-day disruptions and realize new levels of business resilience.

$ Funding

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Amount $200.0M Total raised
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Date October 2, 2018 Announcement date
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Investors Wellington Management, Baillie Gifford, Tanium, Adage Capital Management Lead investors
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Company http://www.tanium.com Funded company

▥ Classifications

industries
Retail
applications
Data Management

◇ AskAI Classifications

Labels
Cybersecurity Software SaaS

▦ Linked Companies

Tanium Inc.
$500M to $1B