Welcome!

News Feed Item

Tanium Raises $90M in First-Ever Venture Funded Investment from Andreessen Horowitz

Systems and security management company Tanium secured $90 million in its first venture funded financing from Andreessen Horowitz, marking the firm’s second largest investment to date. Tanium will use the funding to support continued product innovation and company expansion.

Founded in 2007, Tanium is the “central nervous system” for half of the Fortune 100, five of the top 10 largest global banks and four of the top 10 global retailers. The company spent five years building and refining its technology to meet the needs of the most rigorous enterprise environments, giving them unique real-time visibility and access to data in seconds that used to take hours, days or weeks. Using Tanium, CIOs, CISOs and IT professionals with highly distributed enterprise architectures can detect and mitigate damages from outages and cyber-attacks within seconds and distribute and install updates and shut down processes or executables instantaneously.

“Enterprise networks have grown exponentially during the last decade while the technology to secure and manage these systems has stagnated. The result is that simple, preventable issues result in debilitating outages and attacks cannot be identified or managed until it’s too late,” said Orion Hindawi, co-founder and CTO of Tanium. “By completely rethinking how IT professionals manage, secure and maintain the end points in their network Tanium gives them the ability to interrogate, manage update and secure their systems in a fraction of the time.”

How it Works

Tanium offers a new approach to systems and security management with a completely new communications architecture that addresses the unique challenges posed by modern enterprise networks. By collecting and processing billions of metrics across endpoints in real-time, and allowing enterprises to rapidly change the state of those endpoints, IT managers using Tanium can do everything from proactively identifying and fixing operational issues, to fending off professional-grade security attacks.

“The Tanium team has accomplished nothing short of a complete reinvention of how IT Professionals manage, secure, and maintain the end-points in their network: every node on the network can now be interrogated, managed, updated, and secured, instantly from a browser,” said Andreessen Horowitz partner Steven Sinofsky. “As an already successful and profitable company with dozens of customers in massive, mission-critical and global deployments, this type of innovative and inventive technology can only come about from a team with years of experience and a depth of understanding of the enterprise. We could not be more excited to be leading this investment in Tanium, and I’m delighted to join the Board and work closely with David, Orion, and the rest of the team.”

As part of its continued growth, Tanium has also announced the appointment of Steven Sinofsky, board partner at Andreessen Horowitz, to its board of directors. He joins existing members that include Chairman David Hindawi, Tanium co-founder and CEO; Gordon Davidson, of Fenwick & West, LLP; Orion Hindawi, Tanium co-founder and CTO; Nathan Brill, and Morton Simonsen.

For additional insight into this news, please read Steven Sinofsky’s blog: http://a16z.com/2014/06/22/tanium-magic/

ABOUT TANIUM

Tanium gives the world’s biggest organizations the unique power to control, manage and secure hundreds of thousands of endpoints within seconds. Serving as the “central nervous system” for enterprises, Tanium prevents downtime and attacks that can cripple organizations and cause costly business interruptions. By collecting and processing billions of metrics across global networks of endpoints in seconds, and allowing enterprises to quickly change the state of those endpoints, CIOs, CISOs and IT managers can do everything from proactively identifying and fixing issues to fending off professional grade security attacks.

http://www.tanium.com

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.