Tanium CEO/co-founder Orion Hindawi

Notable enterprise cyber-security company Tanium has just recently raised a big round of $175 million in funding from renowned investment firm TPG Capital at a huge valuation of $5 Billion which prior to this owned quite a huge stake in the cyber company founded 11 years ago thereby increasing its ownership slice with this new investment.

This is more $1.2 Billion more than its previous valuation of $3.75 Billion which came with a investment round of $100 million which was also led by TOG as of last year, An additional sale of $25 million worth of stock from current shareholders is currently in discussion and is slated to occur anytime soon.

Popular and Major Silicon Valley investor Andressen Horowitz along with other investors have been previous backers and shareholders of this huge company founded by Father and Son duo David and Orion Hindawi 11 years ago.

Tanium has performed very well with a 100% revenue increase last year and a $300 million cash and investment holdings as made known by the company during last year’s investment round prior to this, The company is also profitable which makes it very attractive to investors, Tanium currently sells its computer systems security and management software to a huge number of companies which include the top ten retailers in the U.S and also 12 of the largest banks in the same country.

Tanium has plans to go public anytime from now but it seems the IPO might be postponed with this huge investment coming through but will eventually happen later, Tanium has had its good share of success and also that of controversies, The company last year experienced departures of several executives across its divisions, reports also emerged by employees complaining of its co-founder/CEO Orion Hindawi’s managerial method with several allegations that employees of the company were fired right before their stock options vested which resulted in the forfeiting of the bonuses.

Tanium’s CEO countered by saying that investigations were made and there was no evidence of unlawful terminations and also clarified that the company had not lost any customers as may have been reported.

Whilst this issue is handled, Tanium still remains very successful in the hugely competitive cyber-security space gaining huge amounts of revenues and huge valuations among a slew of other companies also operating in the same space.

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