Tanium Raises $150M in Funding Round


TANIUM

Tanium, an Emeryville, Calif.-based provider of unified endpoint management and security built for the world’s most demanding IT environments, completed the sale of an additional $150m in common stock.

Existing investors Fidelity Management & Research Company, LLC, Baillie Gifford, their respective affiliates, and funds and accounts advised by T. Rowe Price Associates, Inc. participated in the financing. The latest investment brings the total raised by Tanium to more than $900m, increasing the company’s valuation to over $9 billion.

The financing follows a strategic partnership with Salesforce and an investment from Salesforce Ventures in June 2020.

Led by Orion Hindawi, co-founder and CEO, Tanium offers a unified endpoint management and security platform that is built for the world’s most demanding IT environments. It is used by many of the world’s largest and most sophisticated organizations, including nearly half of the Fortune 100, top retailers and financial institutions, and six branches of the US Armed Forces.

FinSMEs

06/10/2020



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