Collaborate Disseminate
The Resilience Gap study, which surveyed over 4,000 business decision makers across the United States, United Kingdom, France, Germany and Japan found that while 96% of the global business decision makers believe that making technology resilient to bus… Continue reading Organizations unable to achieve business resilience against cyber threats
Mimecast offers free training kit as part of Cybersecurity Awareness Month, Microsoft will finally kill off the old Skype client (for real this time), Security startup Tanium raises another $200 million at a $6.5 billion valuation, LogRhythm receives p… Continue reading Mimecast, LogRhythm, & Tanium – Enterprise Security Weekly #109
Endpoint security company Tanium announced Tuesday that it earned $200 million in investor funding, claiming a valuation of $6.5 billion. That figure is compared to a reported $5 billion valuation just five months ago when the company brought in a $175 million investment. Founded in 2007, Tanium is easily one of the most well funded privately owned cybersecurity companies in the U.S. The company claims it’s had great success throughout 2018, with cash flow, billings and revenue on a growth trend, despite rapid expansion. In the endpoint security space, Tanium competes with other big and growing players like Crowdstrike, Carbon Black, Cylance and others. Observers have expected Tanium to go public, and CEO Orion Hindawi has hinted at such a move. However, Reuters reported that the company has not made any decisions. The round was led by Wellington Management, with participation from Baillie Gifford & Company and Adage Capital Management. “We are thrilled […]
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In Tracking Security Innovation, Capital One acquired Confyrm, TransUnion acquired Iovation, Auth0 raised $55M Series D, Tanium raised $175M in equity, Cisco forming New Venture Fund, and more! Tracking Security Innovation Capital One acquired Confyrm … Continue reading Capital One, TransUnion, & Tanium Business Security Weekly #86
Cybersecurity company Tanium has been infused with a $175 investment from Investment firm TPG, Reuters reported Wednesday, which would put the company’s valuation at about $5 billion. Reuters cites sources familiar with the investment who said that that TPG’s funds will not go directly to the company, but will instead be used to buy the stock of early employees. TPG declined to comment and Tanium did not respond to a request for comment on the reported investment. The California company provides endpoint protection services and boasts that its customers include 12 of the top 15 banks, 6 of the top 10 retailers and four of the U.S. armed forces. The new funding reinforces Tanium’s position the most well-funded cybersecurity startup. Tanium was previously valued at about $3.75 billion a year ago when it received a $100 million investment, also from TPG. CEO and co-founder Orion Hindawi spoke about Tanium’s growth […]
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Tanium expands their security platform, Carbon Black and IBM team up, improved container threat detection from StackRox, Illusive Networks introduces new mainframe deception, and more enterprise security news! Tanium Expands Security Platform with Asset Module LogRhythm Unfurls AI Cloud Service to Enhance Security Cisco Cloudlock – Proactive Blacklisting for OAuth Malware CyberArk & Puppet take […]
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Suffering breaches from ex-employees, Tanium announces threat response, the SANS Institute’s incident response survey results, and is cybersecurity getting harder? New OneLogin Study finds Businesses Knowingly Leave Themselves Vulnerable to Data Breaches from Former Employees Flexera & Microsoft Join Forces to Increase Software Supply Chain Transparency & Strengthen Customer Relationships Tanium Announces Threat Response: A […]
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Private cybersecurity company Tanium announced Thursday it raised $100 million in funding, led by the private equity firm TPG, raising the company’s valuation to $3.75 billion. The company, which sells endpoint protection and management to government and military agencies as well as most of the top banks and retailers in the United States, had $300 million in cash and investments plus over 100 percent revenue growth before the latest injection of money. Earlier this week, Tanium hired Chris Bream, a director of product security at Facebook, as their new Chief Technology Officer. The raise comes despite the latest controversy for the California-based company: Tanium was found to be using real-time data from a hospital network in sales demos. Company CEO Orion Hindawi admitted mistakes were made, but the data was from the customer’s demo environment. Additionally, nine senior executives have the left the company over the last eight months, according to an […]
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VMware falls out with Tanium, machine learning at Invincea, the war on legacy IT, Cisco Cloudlock releases an apps firewall, and more enterprise news! Full Show Notes Visit http://securityweekly.com/esw for all the latest episodes! http://traffic.libsy… Continue reading News – Enterprise Security Weekly #44
CEO Hindawi: “Viewers didn’t connect demo to that customer for years.” Continue reading Tanium CEO tacitly admits using hospital data in demos, sort of