Tanium Raises $200M in Series Unknown
Tanium has successfully raised $200M in a Series Unknown at a $9B valuation led by Andreessen Horowitz, TPG, IVP, Institutional Venture Partners.
Company Overview
Tanium is a Cybersecurity company headquartered in 2000 Alameda de las Pulgas, San Mateo, CA 94403, founded in 2007 with 1700+ employees.
Endpoint security and management
Fundraising Details
- Amount Raised: $200M
- Round Type: Series Unknown
- Valuation: $9B
- Date: 2024-02-25
- Investors: Andreessen Horowitz, TPG, IVP, Institutional Venture Partners
About Tanium
Endpoint security and management The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 2000 Alameda de las Pulgas, San Mateo, CA 94403
- Founded: 2007
- Team Size: 1700+
- Industry: Cybersecurity
What This Means
This funding round demonstrates strong investor confidence in Tanium's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Tanium's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $9B valuation marks an important milestone for Tanium, positioning the company among notable players in the Cybersecurity industry.
Looking Ahead
With this new capital, Tanium is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-02-25. For more information about Tanium, visit their headquarters at 2000 Alameda de las Pulgas, San Mateo, CA 94403.