Salesforce Backs Tanium

  • General
  • June 26, 2020
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  • 3 minutes read
Salesforce CEO Marc Benioff.

Photo credit: World Economic Forum / Valeriano Di Domenico, under Creative Commons license

Cybersecurity company Tanium has announced it’s raised funding from Salesforce Ventures, the venture capital arm of tech giant Salesforce. Salesforce is investing in the company as part of a strategic partnership. Salesforce’s investment, reported being about $100 million, values Tanium at $9 billion, a sizeable boost from the company’s last private valuation of $6.5 billion. With Salesforce’s investment, Tanium will now have raised about $900 million in total funding since its inception.

Salesforce is partnering with Tanium to develop a cybersecurity software suite targeted at enterprises. The software suite will include a help desk to submit, track, and resolve cybersecurity issues; a service dashboard for IT employees; and the ability to build cybersecurity-related workflows on the Salesforce platform.

Tanium marks the latest investment for Salesforce Ventures, which has long been an active investor in technology companies. This month alone, Salesforce Ventures has invested in eight companies, including Privitar, Outreach, Contentful, Hopin, and Nextview.

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