Cybersecurity provider "Tanium" secures $200M at $6.5B valuation
Cybersecurity provider "Tanium" secures $200M at $6.5B valuation
< Cybersecurity provider Tanium just pulled in another $200 million in a new financing led by Wellington Management. The investment, which values Tanium at $6.5 billion, comes just five months after the Emeryville, Calif.-based company closed on $175 million at a $5 billion valuation.
After its previous funding round, in which Tanium raised $175 million, the firm was valued at $5 billion.
“The last round was largely an inside round,” said the company’s chief operating officer and chief financial officer, Fazal Merchant, referencing the previous round of funding. This latest funding, though, is “deliberate.”
“We have friends and family who have been investors for a long time and this gives them liquidity,” added Merchant.
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