Cybersecurity giant Tanium scores $150 million, following HQ move to Seattle area
January 28, 2021 at 7:46 am
Tanium CEO Orion Hindawi recently moved the company’s headquarters to Kirkland. (Tanium Photo)
Tanium may not be a household name, at least not yet. But the fast-growing cybersecurity company, which moved its headquarters from the San Francisco Bay Area to Kirkland, Wash. last year, is well on its way. And now it has a fresh round of capital to help fuel the next phase of growth.
Tanium announced Thursday that it sold $150 million in common stock to the Ontario Teachers’ Pension Plan, Canada’s largest pension plan and an active investor in late-stage technology companies.
The Data Center Podcast: Chris Crosby, founder and CEO of Compass Datacenters, on business, diversity, and sustainability.
While there have been concerns about the influx of new, eager institutional investors pushing data center business valuations to new heights, the type of investors now pouring capital into the industry are a good fit for the type of business data center providers are in.
That’s according to Chris Crosby, founder and CEO of Compass Datacenters, whose company is turning 10 years old this year. During its decade in existence, the company grew to become a data center operator in nine US and two Canadian markets, expanded its focus from only building mid-size facilities in secondary markets to also building massive server farms for hyperscale cloud platforms, and entered adjacent businesses, one developing software for managing remote infrastructure equipment, and the other building micro-data centers for edge computing deployments.
Carney, OTPP CEO set timelines for climate friendly economy at Davos
Anita Balakrishnan, The Canadian Press
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Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday, as more investors worldwide push for concrete sustainability commitments.
Former Bank of Canada governor Mark Carney said that politicians can help markets finance the transition to zero-emission economies by setting credible forward commitments.
Canada s carbon pricing plan is an example of a forward commitment, Carney said, since it would hike the federal tax to $170 a tonne by 2030 from $30 currently.
Canada’s carbon pricing plan is an example of a forward commitment, Carney said, since it would hike the federal tax to $170 a tonne by 2030 from $30currently. I think we re reaching the tipping point. The question is execution. How is that political will channelled? said Carney, who was speaking in his capacity as United Nations Special Envoy for Climate Action and Finance.
He pointed to recent COVID-19 vaccine purchase agreements as an example of the power of putting political will behind contracts.
Carney, who is also vice-chairman at Brookfield Asset Management, said that financial and economic markets will adjust to future goals, such as upcoming bans of internal combustion engines in Europe. Carney pointed to his research with U.S. Treasury Secretary and former Federal Reserve chairwoman Janet Yellen, which suggested that markets will smooth out the carbon price hikes.
Winnipeg Free Press By: Anita Balakrishnan, The Canadian Press Posted:
Last Modified: 4:17 PM CST Wednesday, Jan. 27, 2021
TORONTO - Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday as more investors worldwide push for concrete sustainability commitments.
In this file photo dated Monday, Dec. 16, 2019, Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London. THE CAADIAN PRESS/AP-Photo/Kirsty Wigglesworth
TORONTO - Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday as more investors worldwide push for concrete sustainability commitments.