Wednesday, April 1, 2015

Security And System Management Firm Tanium Raises $52 Million In Funding From Andreessen Horowitz

Tanium, which allows IT control an entire network using natural language in a search engine-like interface, now has $52 million in new Series A funding. Andreessen Horowitz led the funding round. Tanium has already raised $90 million from Andreessen Horowitz last June, the firm's largest initial investment ever. Tanium will use the funding to continue its product growth and to expand into new market.

Founded in 2007 and based in Emeryville, California, Tanium is an enterprise security and system management company. Tanium’s system allows IT managers to visualize their entire network and access all devices within it in real time, and its not only aids IT managers in managing their network, but also helps them to secure it against threats. Tanium spent years building and refining technology to meet the needs of today's enterprise environments, providing them unique real-time visibility and access to data in real-time. 

The company offers a new approach to systems and security management with a completely new communications architecture that addresses the unique challenges posed by modern networks, it can do everything from proactively identifying and fixing operational issues, to fending off security attacks.Using Tanium, IT managers can now detect and mitigate damages from outages and cyber attacks within seconds and distribute and install updates and shutdown computing processes instantaneously. 

With the new funding, Tanium aims to grow its customer base and support product innovation. Overall, the US-based Tanium has raised $142 million in venture funding.

Image Credit: Hackbusters

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