Funding round
Tanium Growth
Reported as "Growth Equity"
Tanium, which works in autonomous IT platform development in Durham, raised $150M in a Growth round announced on 28 Jan 2021, led by Ontario Teachers’ Pension Plan Board. 1 firm took part. It is Tanium's seventh venture round on record; the one before was a Series H+ in Sep 2020.
$150M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Tanium did not disclose a valuation in this round; its last disclosed one was $9.00B at the Series H+ (Sep 2020). It came 4 months after Tanium's Series H+. It is 16% of the $929M Tanium has raised in the venture rounds on record. No later venture round is on record for Tanium.
Tanium's funding rounds
Tanium has 7 venture rounds on record. This one is highlighted.
- Series E 23 May 2014, led by Andreessen Horowitz $90M
- Series F 24 Mar 2015 $64M
- Series G 25 May 2017, led by TPG $100M$3.75B post-money
- Growth 16 May 2018, led by TPG $175M$5.00B post-money
- Growth 2 Oct 2018, led by Wellington Management $200M$6.50B post-money
- Series H+ 18 Sep 2020 $150M$9.00B post-money
- Growth this round 28 Jan 2021, led by Ontario Teachers’ Pension Plan Board $150M
Investors
Who put money in
Ontario Teachers’ Pension Plan Board led the round.
Lead investor
- Ontario Teachers’ Pension Plan Board new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
364 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 2.7 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 26 Jan 2021 | $200M | not disclosed | not named |
| Tech Companies | 25 Jan 2021 | $190M | $1.56B | TS Innovation Acquisitions Corp. |
| Tech Companies | 5 Jan 2021 | $145M | not disclosed | Francisco Partners |
| Tech Companies | 1 Jan 2021 | $120M | not disclosed | JMI Equity |
| Tech Companies | 12 Jan 2021 | $100M | not disclosed | Insight Partners |
| Tech Companies | 6 Jan 2021 | $96M | not disclosed | Catalyst Investors and Sageview Capital |
| Tech Companies | 12 Jan 2021 | $80M | not disclosed | Bregal Milestone |
| Tech Companies | 26 Jan 2021 | $60M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Tanium raise in its Growth round?
Tanium raised $150M in its Growth round, announced in Jan 2021.
Who led Tanium's Growth round?
Ontario Teachers’ Pension Plan Board led it.
What was Tanium's valuation at the Growth round?
It was not disclosed; its last disclosed one was $9.00B at the Series H+ (Sep 2020).
How does it compare with other Growth rounds in Tech Companies?
364 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 2.7 times the median.