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Tanium, the enterprise security and system management firm bags $120 million additional financing from TPG, Institutional Venture Partners and other funds

Enterprise security and system management firm Tanium has secured $120 million additional financing from TPG, Institutional Venture Partners (IVP) and funds and accounts advised by T. Rowe Price Associates, Inc., alongside existing investor Andreessen Horowitz. The capital raised will be used to expand the scale of operations across the company so as to help global demand for Tanium from the largest enterprises and government organisations around the world. The company’s growth metrics for the first half of fiscal year 2015 prove the business value of the Tanium platform and its groundbreaking 15-second visibility and control over millions of globally managed assets. Tanium is fundamentally transforming IT with the industry’s only platform capable of delivering 15-second visibility and control over millions of geographically distributed endpoints, from laptops to desktops to virtual machines to cloud assets to ATMs. Instead of relying on data that is hours, days or weeks old, security and IT operations teams now have accurate and complete data that is only seconds old and the unique ability to make changes across the enterprise in seconds as well.

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VC Deals,Andreessen Horowitz,Institutional Venture Partners,security and systems management,T. Rowe Price Associates,Tanium,TPG