{"id":666,"date":"2017-05-30T12:10:06","date_gmt":"2017-05-30T16:10:06","guid":{"rendered":"https:\/\/solutionsreview.com\/endpoint-security\/?p=666"},"modified":"2017-05-30T12:10:06","modified_gmt":"2017-05-30T16:10:06","slug":"unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/endpoint-security\/unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b\/","title":{"rendered":"Security &#8216;Unicorn&#8217; Tanium Raises $100M in Funding, Raises Valuation to $3.75B"},"content":{"rendered":"<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-582\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software.jpg\" alt=\"\" width=\"800\" height=\"350\" srcset=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software.jpg 800w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software-300x131.jpg 300w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software-768x336.jpg 768w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software-600x263.jpg 600w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software-180x79.jpg 180w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software-400x175.jpg 400w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Security vendor and &#8216;unicorn&#8217; <a href=\"https:\/\/www.tanium.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tanium<\/a> has announced a new round of funding raising $100M by the sale of common stock. The new round,\u00a0led by TPG Growth with other existing investors, including IVP, brings the total funding for the company to $407M, and lifts the company&#8217;s valuation to $3.75B.<\/p>\n<p style=\"text-align: justify\">The money raised in the funding round will be used for further investment into IT operations products and modules, a focus on international growth in EMEA and APAC, and deepened commitment to growth in existing sectors such as finance and retail. That means improvements to Taniums\u00a0flagship product, the modular Tanium Endpoint Platform, and a renewed focus on sales. The company\u2019s product development roadmap calls for the release one module per quarter, with each module addressing a new point solution market that Tanium intends to aggregate into its platform.<\/p>\n<p style=\"text-align: justify\">\u201cIt\u2019s so unusual to find a company like Tanium,\u201d said Somesh Dash, General Partner at IVP. \u201cMost companies in the security space lack the combination of differentiated technology with a scalable capital-efficient business model. With Tanium, we\u2019re not only investing in a technology platform we believe in, but also a proven business model that is delivering real revenue today, with the momentum to carry it well into the future.\u201d<\/p>\n<p style=\"text-align: justify\">And at Tanium, that future is looking bright, with more than $300 million in cash and investments before this round, over 100% revenue growth last year, and positive operating cash flow, the company is in a particularly strong position in a security space that is anything but stable.<\/p>\n<p style=\"text-align: justify\">\u201cInvestors are understandably tired of funding cybersecurity companies whose offerings have very short shelf lives as their point solution approach is nullified by the changing attack landscape,\u201d said Tanium CEO Orion Hindawi. \u201cTanium is unique in our industry. In contrast to the cybersecurity-only companies, we provide an endpoint platform that allows communication for massive numbers of assets in a way enterprises have never had before, which is useful across not only security but also operations issues in IT. Because of that breadth of offering, our investors see Tanium having longevity and potential that exceeds the typical cybersecurity landscape, and we will work hard to continue proving them right by driving our platform further into both security and operations with each passing quarter.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Security vendor and &#8216;unicorn&#8217; Tanium has announced a new round of funding raising $100M by the sale of common stock. The new round,\u00a0led by TPG Growth with other existing investors, including IVP, brings the total funding for the company to $407M, and lifts the company&#8217;s valuation to $3.75B. The money raised in the funding round [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[218,243,8],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Security &#039;Unicorn&#039; Tanium Raises $100M in Funding, Raises Valuation to $3.75B - Endpoint Security &amp; Protection Platforms | Solutions Review<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/endpoint-security\/unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Security &#039;Unicorn&#039; Tanium Raises $100M in Funding, Raises Valuation to $3.75B - Endpoint Security &amp; Protection Platforms | Solutions Review\" \/>\n<meta property=\"og:description\" content=\"Security vendor and &#8216;unicorn&#8217; Tanium has announced a new round of funding raising $100M by the sale of common stock. The new round,\u00a0led by TPG Growth with other existing investors, including IVP, brings the total funding for the company to $407M, and lifts the company&#8217;s valuation to $3.75B. The money raised in the funding round [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b\/\" \/>\n<meta property=\"og:site_name\" content=\"Endpoint Security &amp; Protection Platforms | Solutions Review\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/solutionsreview\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-30T16:10:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2017\/04\/Android-Ransomware-Reportedly-Sidesteps-Antivirus-Software.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Edwards\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@InfoSec_Review\" \/>\n<meta name=\"twitter:site\" content=\"@InfoSec_Review\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeff Edwards\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/unicorn-tanium-raises-100m-in-funding-raises-valuation-to-3-75b\/\"},\"author\":{\"name\":\"Jeff Edwards\",\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/#\/schema\/person\/3d31b4b6a777a91476a65c087be260e6\"},\"headline\":\"Security &#8216;Unicorn&#8217; 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