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Tanium grabs $120m funding round

September 2, 2015

Enterprise Cyber security company Tanium has raised $120 million in financing from TPG, Institutional Venture Partners (IVP) and funds advised by T. Rowe Price Associates. The capital will be used to expand the company’s operations and to support global demand. “Since its inception, we’ve built Tanium around a strong mission — to help our customers fundamentally improve the visibility and control they have over their growing environments, so that they can stem the bleeding caused by security and operations outages that are going unchecked through the use of older, broken management tools,” said Orion Hindawi, Co-founder, President and CTO at Tanium.

Capillary Technologies, developer of a customer analytics marketing platform for retailers, has closed a $45 million Series C funding round. Warburg Pincus led the round, with participation coming from previous backers Sequoia Capital and Norwest Venture Partners. Part of the funds will be sued for the acquisition of MartJack, an Asia-based multi-channel commerce provider. “Warburg Pincus needs no introduction for the kind of strategic direction and commitment they bring to the table, in addition to the investment. This funding round validates our model and vision of enabling retailers to harness the power of the cloud and to provide a deeper connect for consumers across channels. It also puts us on the path to being one of Asia’s true product bellwethers, which will establish us as a strong contender on the global map of Enterprise SaaS solutions,” said Aneesh Reddy, co-founder and CEO of Capillary Technologies.

Content marketing software company NewsCred has secured $42 million in funding. FTV Capital led the financing, and was joined by existing investors FirstMark Capital, InterWest Partners, and Mayfield Fund. “The goal of marketers has been the same since the very beginning: to tell their brand’s story. But the current marketing playbook – traditional media buys and banner ads – is outdated and underperforming. Marketing has become noisy, ineffective, and focused primarily on bombarding people with messages that they didn’t ask for,” said Shafqat Islam, Co-founder and Chief Executive Officer, NewsCred.

Healthcare communication technology provider Voalte raised $17 million from Ascension Ventures, Cerner Capital and Bedford Funding. The company has now raised nearly $60 million in three years. “The next phase of technology adoption is progressing from individual hospitals to multi-site health systems that need to deploy a system-wide standard for caregiver communication,” said Trey Lauderdale, Founder and CEO of Voalte. “Ascension Ventures and Cerner are industry leaders and recognize how Voalte solutions help hospitals improve care coordination and patient care. I’m excited about the partnership and how it will enable us to continue to push the envelope on advancing healthcare communication.”

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Filed Under: Finance, Investment Round Up, Startups

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