Cybersecurity giant Tanium just saw its valuation soar to $9 billion following a "significant investment" from Salesforce Ventures.
The California-based firm, founded in 2007 by father and son team David and Orion Hindawi, has seen its value jump by a third since its last fundraising round in 2018, when it was valued at $6.5 billion. Cybersecurity has become a pressing issue for businesses during the pandemic, with firms having to rapidly adapt to the bulk of office-workers working from home and accessing company systems outside secure networks.
More evidence of a massive tech bubble that has eclipsed the Y2K tech bubble.
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