Security Startup Tanium Lands $52M from Andreessen Horowitz update from April 2015
After an initial $90 million financing round last summer, the company secured another $52 million from the VC
April 2, 2015
After an initial $90 million financing round last summer security and systems management company Tanium has recently secured an additional $52 million investment from Andreessen Horowitz. Led by former Microsoft executive and Andreessen Horowitz partner Steven Sinofksy, the $142 million total investment in Tanium represents the VCs largest single position.
The Berkeley, California-based security startup has taken money from Andreessen Horowitz since lunching in 2007. It claims to have quadrupled its total billings year over year in 2014 and lists 50 of the Fortune 100 companies as customers.
Also this week, Tanium announced new enhancements and modules in a version 6.5 release of the Tanium Endpoint Platform.
Sinofsky said Tanium's "capability to navigate, interrogate, and act on even the largest enterprise network in seconds is the magic that fires up customers – networks comprised of millions of endpoints made up of PCs, Servers, VMs, and embedded devices. This 15-second capability is the foundation of Tanium magic and is unprecedented for large scale environments."
Tanium co-founder and CTO Orion Hindawi previously ran software company BigFix, which was sold to IBM to become its endpoint manager. Sinofsky boasts about the leadership talent at Tanium and their ambition for innovating the product for modern enterprise needs. He notes that "systems management is now an integral part of incident detection and response." Sinofsky adds, "conversely, security and protection require full knowledge and control of end-points. Neither set of existing tools deployed in most environments is up to the task."
As a frontline and first-response platform, he believes, the security startup will meet two modern criteria of providing 15-second information on all endpoints and be able to remedy problematic situations immediately.
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