Highly valued security company Tanium Inc is allowing its co-founder, employees and some early investors to sell $100 million of stock to private equity and venture funds in a secondary sale that reduces pressure for an initial public offering.
![nutani stock nutani stock](https://image.cnbcfm.com/api/v1/image/104555120-Nutanix_IPO_TWTR.jpg)
The chief revenue officer of $9 billion cybersecurity startup Tanium is departing, according to four sources familiar with the situation. Rivian Stock Is Giving Up Its Gigantic IPO Gains."We don't believe Orion is ever going to take this to an IPO," a former employee who left earlier this year Rowe Price are also among the company's backers. Highly valued security firm Tanium Inc is allowing its co-founder, employees and some early investors to sell $100 million of stock to private equity and venture funds in a secondary sale that Tanium Raises $200 Million at $6.7:18p What some say is behind crypto’s record rally to $3 trillion, as bitcoin hits new high
![nutani stock nutani stock](https://www.profitconfidential.com/wp-content/uploads/2017/10/Nutanix-Stock-300x225.jpg)
The company is also recognized for its innovation as a five-time honoree on Forbes Cloud 100 list. In 2021, the company has already made prestigious lists: FORTUNE Best Workplaces in Technology, UK’s Best Workplaces, and Best Workplaces in Canada. With investor backing, those share prices were bumped up 50 percent, leading to an impressive moment for Qualtrics. VC nerdery: This round values Tanium at $3.
![nutani stock nutani stock](https://images.fintel.io/us-NTNX-vanguard-international-equity-index-funds-vanguard-total-world-stock-index-fund-etf-shares.png)
None of the funds will go to the company’s father-and-son founders, David and Orion Hindawi, the sources added