Funding round
Tanium Series E
Tanium, which works in autonomous IT platform development in Durham, raised $90M in a Series E round announced on 23 May 2014, led by Andreessen Horowitz. 1 firm took part. It is Tanium's first venture round on record.
$90M
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. It is Tanium's first venture round on record, 7 years after it was founded in 2007. It is 9.7% of the $929M Tanium has raised in the venture rounds on record. Tanium raised again 10 months later: a Series F round of $64M in Mar 2015. Its next priced round, a Series G in May 2017, valued it at $3.75B.
Tanium's funding rounds
Tanium has 7 venture rounds on record. This one is highlighted.
- Series E this round 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 28 Jan 2021, led by Ontario Teachers’ Pension Plan Board $150M
Investors
Who put money in
Andreessen Horowitz led the round.
Lead investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Joined the board: Steven Sinofsky (Andreessen Horowitz).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
15 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $43M, and this round was 2.1 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 20 May 2014 | $42M | not disclosed | not named |
| Tech Companies | 10 Apr 2014 | $17M | $197M | Roth Capital Partners |
| Tech Companies | 23 Mar 2014 | $100M | $1.10B | Tiger Global |
| Tech Companies | 4 Mar 2014 | $71M | not disclosed | Meritech Capital and Kleiner Perkins |
| Tech Companies | 4 Feb 2014 | $57M | not disclosed | Goldman Sachs |
| Tech Companies | 27 Aug 2014 | $25M | $291M | not named |
| Tech Companies | 4 Sep 2014 | $106M | $830M | Kleiner Perkins |
| Tech Companies | 1 Jan 2014 | $43M | not disclosed | Goldman Sachs |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Tanium raise in its Series E round?
Tanium raised $90M in its Series E round, announced in May 2014.
Who led Tanium's Series E round?
Andreessen Horowitz led it.
What was Tanium's valuation at the Series E round?
It was not disclosed.
How does it compare with other Series E rounds in Tech Companies?
15 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $43M, and this round was 2.1 times the median.
Did Tanium raise again after this round?
Yes: a Series F round in Mar 2015 of $64M.