Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

3/31/2015
10:00 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Tanium Secures Additional $52 Million Investment from Andreessen Horowitz

Leading venture capital firm doubles down on initial investment, looking to help further accelerate growth and support unprecedented market demand for a new approach to security and systems management

MARCH 31, 2015, EMERYVILLE, CALIF. -- Tanium, the company that has redefined security and systems management, today announced that Andreessen Horowitz invested an additional $52 million in the company. This subsequent investment in Tanium is a follow-up to Andreessen Horowitz’s initial financing of $90 million in May 2014 and constitutes one of its largest investments to-date. This additional investment is a further vote of confidence in the company’s growth potential, driven by explosive market demand for Tanium and its groundbreaking approach to endpoint security and systems management.

2014 was a banner year of growth for Tanium:

  • Quadrupled growth in total billings and number of employees year-over-year
  • Added a number of Fortune 1000 companies to its customer roster, which now includes five of the top 10 US banks and four of the top 10 US retailers. Fifty of the Fortune 100 now use Tanium in a production environment
  • Increased the number of transactions over $1 million by 800%, and the number of transactions over $5 million by 300% year-over-year
  • Ended 2014 cash flow positive, debt free, with total cash in excess of $100 million

In 2015, Tanium will focus its growth efforts on continued product innovation and research and development, as well as expansion of field operations to support the Global 2000 customer segment, with specific emphasis on international expansion in EMEA and Asia Pacific.

“Tanium’s magic innovation uniquely positions the company at the modern crossroads of systems management and security. Tanium’s platform reimagines these categories and adds a new level of value and capability to forward-leaning IT teams,” said Steven Sinofsky, partner at Andreessen Horowitz. “Given their superb team, amazing growth, and unparalleled innovation, we could not be more happy for the opportunity to deepen our investment in this amazing company.”

“We started Tanium in 2007 with the goal of re-inventing how organizations secure and manage their endpoints, which have quickly become the most business critical – and vulnerable – IT assets. With Tanium, even the world’s largest organizations can achieve 15-second visibility and control over every endpoint, even across the largest networks,” said Orion Hindawi, co-founder and CTO at Tanium. “The ability to execute on this explosive market demand – while remaining cash flow positive – is a testament to our company, our people and our technology. We thank the entire Andreessen Horowitz team for their vote of confidence as we prepare for another year of record growth and deliver on our vision to become the platform that every enterprise on the planet will use to communicate with all of the IT assets they own.”

Today, Tanium also announced the availability of the Tanium Endpoint Platform 6.5, including a series of new and enhanced capabilities that provide security and IT operations teams with 15-second visibility and control over every endpoint to detect and remediate threats and issues across millions of endpoints in seconds – more than 10,000 times faster than any other endpoint tool.

ABOUT TANIUM

Tanium gives the world’s largest enterprises and government organizations the unique power to secure, control and manage millions of endpoints across the enterprise within seconds. Serving as the “central nervous system” for enterprises, Tanium empowers security and IT operations teams to ask questions about the state of every endpoint across the enterprise in plain English, retrieve data on their current state and execute change as necessary, all within seconds. With the unprecedented speed, scale and simplicity of Tanium, organizations now have complete and accurate information on the state of endpoints at all times to more effectively protect against modern day threats and realize new levels of cost efficiency in IT operations. Visit us at www.tanium.com or follow us on Twitter at @Tanium.

 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Commentary
Ransomware Is Not the Problem
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  6/9/2021
Edge-DRsplash-11-edge-ask-the-experts
How Can I Test the Security of My Home-Office Employees' Routers?
John Bock, Senior Research Scientist,  6/7/2021
News
New Ransomware Group Claiming Connection to REvil Gang Surfaces
Jai Vijayan, Contributing Writer,  6/10/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-32697
PUBLISHED: 2021-06-21
neos/forms is an open source framework to build web forms. By crafting a special `GET` request containing a valid form state, a form can be submitted without invoking any validators. Form state is secured with an HMAC that is still verified. That means that this issue can only be exploited if Form F...
CVE-2020-19510
PUBLISHED: 2021-06-21
Textpattern 4.7.3 contains an aribtrary file load via the file_insert function in include/txp_file.php.
CVE-2020-19511
PUBLISHED: 2021-06-21
Cross Site Scriptiong vulnerability in Typesetter 5.1 via the !1) className and !2) Description fields in index.php/Admin/Classes,
CVE-2021-21422
PUBLISHED: 2021-06-21
mongo-express is a web-based MongoDB admin interface, written with Node.js and express. 1: As mentioned in this issue: https://github.com/mongo-express/mongo-express/issues/577, when the content of a cell grows larger than supported size, clicking on a row will show full document unescaped, however ...
CVE-2021-0532
PUBLISHED: 2021-06-21
In memory management driver, there is a possible memory corruption due to a race condition. This could lead to local escalation of privilege with no additional execution privileges needed. User interaction is not needed for exploitation.Product: AndroidVersions: Android SoCAndroid ID: A-185196177