News Formal

Tanium, backed by Salesforce Ventures, quietly raises funding round - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Tanium, the fast-growing $9 billion cybersecurity startup backed by Salesforce Ventures, has quietly raised at least $150.5 million in new funding

" from Salesforce Ventures that was announced in June. While Tanium did not disclose the size of the investment at that time, it did say that the deal valued the company at $9 billion.

Startup funding database Crunchbase, however, pegs the size of the investment at $117.2 million. Assuming that figure is accurate, and that the filing encompasses the investment in question, it means that Tanium raised at least another $33 million or so in this round since June — though it's difficult to know for sure without more details from the company itself.

Tanium declined to make CEO Orion Hindawi available for an interview. Salesforce Ventures did not respond to a request for comment. Tanium describes itself as an "unified endpoint management" platform, simplifying the process of protecting a wide variety of employee devices — especially important in the new era of remote work. It has seen its value soar since its last round in 2018, when the firm was valued at $6.5 billion. Tanium has now raised a total of $837.58 million, according to PitchBook. Besides Salesforce Ventures, Tanium is also backed by firms including Andreessen Horowitz and TPG.

Cloud software giant Salesforce, the parent of Salesforce Ventures, recently also partnered with Tanium to help IT teams manage employee devices and services on their network.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

An inside look at the app that's like Duolingo for disaster prep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the heated debate over TikTok rival Triller's user count - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to adapt your business to COVID-19 based on Salesforce insights - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Nassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »