Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream.


Tanium, which makes an IT management tool, just raised another $52 million from Andreessen Horowitz.

The company’s system allows IT managers to visualize their entire network and access all devices within it in real time. This not only aids IT managers in maintaining a network, but also helps them to secure it.

Andreessen Horowitz has already placed a big bet on Tanium. Last summer, the firm invested $90 million in the company. This round of funding will help the IT management startup branch out globally. Tanium has already broken ground in the U.K., Australia, and Japan. Cofounder Orion Hindawi said he wants Tanium to be operating in 15 markets by the end of the year.

The company boasts big growth. It said that it quadrupled both its staff and its billings in the past year, ending the year with over $100 million in cash. Most of the growth is coming from the banking and health care industry, according to Hindawi.

“Out of the top ten banks, we now have six,” he said. Hindawi also noted that retailers are increasingly interested in Tanium’s technology, largely due to the number of hacks the industry suffered last year.

To date the Emeryville, California-based company has raised $142 million in venture funding.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member