Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Tanium reportedly raising financing at $2.5bn valuation

August 12, 2015

Cyber security company Tanium is raising a new round of financing which will value the startup at $2.5 billion or even higher, according to a report by Fortune. One of Fortune’s sources suggests the valuation could top $3 billion. Tanium raised $90 million from Andreessen Horowitz last summer, and added another $52 million from the same VC earlier this year. Institutional Venture Partners is said to be a new investor.

DoubleDutch, a mobile event technology company, has raised $45 million in funding. KKR and existing investors Bessemer Venture Partners and Index Ventures were involved in the round. The startup, which makes mobile apps capable of capturing data from live events and conferences, will use the funds for global expansion and acquisitions. “We are thrilled to team up with KKR to tackle this next stage of growth,” said DoubleDutch CEO Lawrence Coburn. “The $565 billion (£362bn) spent annually on events and conferences – the biggest marketing spend in the world – is running blind. We believe that DoubleDutch can help.”

Big data availability management company Talena has raised $12 million in financing. Canaan Partners, Intel Capital, ONSET Ventures and Wipro Ventures all participated in the funding round. “Each of our investors brings unique Big Data expertise to our team and will help shape how we take advantage of this incredible opportunity,” said Nitin Donde, Talena founder and CEO. “They have invested in some of the best known Big Data companies and have a deep understanding of customer issues from witnessing numerous implementations. We’re excited to leverage their market, domain and customer knowledge to solve today’s critical data availability management challenges.”

BigBasket, an India-based online grocer, has raised $50 million from its existing investors, including Bessemer Venture Partners. The company is also looking to raise $150 million from new investors, at a valuation of more than $1 billion according to a report by the Economic Time

  • 
  • 
  • 
  • 

Filed Under: Finance, Investment Round Up, Startups

Related Articles

  • American Airlines to Buy 20 Boom Supersonic Jets 
  • Bitcoin Hits Two-Year Low as FTX Fallout Continues 
  • Microsoft and Alphabet Report Disappointing Q3 Earnings

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2025 · Red Herring Theme on Genesis Framework · WordPress · Log in