Fenwick represented Tanium, a unified endpoint management and security platform that is built for demanding IT environments, in the sale of $150 million in common stock. Fidelity Management & Research Company, LLC, Baillie Gifford, their respective affiliates, and funds and accounts advised by T. Rowe Price Associates, Inc. participated in the financing. The latest investment brings the total raised by Tanium to more than $900 million, increasing the company’s valuation to over $9 billion.
More information can be obtained from Tanium’s announcement.
The Fenwick transaction team was led by corporate partner Michael Brown and associates Ari Haber, Tracy Kennberg and Ethan Mackay.