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Endpoint

9/2/2015
12:00 PM
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Endpoint Security Firm Tanium Valued At $3.5 Billion

Highest-valued venture-backed cybersecurity company worldwide closes $120 million venture capital round.

Endpoint security firm Tanium has sealed the deal on an additional $120 million in venture capital -- from TPG, Institutional Venture Partners (IVP), T. Rowe Price, and Andreessen Horowitz -- bringing its total venture capital to $262 million.

Tanium is now valued at $3.5 billion -- nearly twice the valuation it achieved after its last round just five months ago -- and is the highest-valued venture-backed cybersecurity company worldwide, according to CB Insights. 

The company states that half of the Fortune 100 are its customers, as well as six of the world's top banks, Target, Visa, NASDAQ, and Verizon. It released a new module for its endpoint platform in June that enhances forensic capabilities.

Read more at Reuters.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

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RyanSepe
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RyanSepe,
User Rank: Ninja
9/3/2015 | 10:36:12 AM
Tanium Products
Is Tanium the parent company? What are the names of some of the solutions they provide?
RichardB22201
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RichardB22201,
User Rank: Apprentice
9/8/2015 | 11:55:03 AM
Re: Tanium Products
Ryan, Tanium provide a highly scalable platform that has no infrastrcuture. It works on a highly optimised P2P model and is able to query 10s of thousands of endpoints in about 15 - 30 seconds. It is a platform and can be used for multiple use cases from search and destroy by absorbing IOC's via STIX over TAXXI and its is also able to provide complete system management functionalties.

There product also has a kenel based agent that is able to collect historical information for forensics etc....

 
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