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First Look At Tenable’s IPO

I think I first used Nessus back in 2001, long before Tenable took it from Open Source to proprietary. It’ll be interesting to see how this IPO goes…:

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Tenable is an example of an out-of-the-way company (how many tech companies can you name that are based in Columbia, Maryland?) that has had a limited public profile prior to its IPO filing, but one that can nevertheless stage a big pop like Zscaler. Despite being a lesser-known name, note that top-tier investor Insight Venture Partners pumped $250 million into this company in 2015. Tenable has cumulatively raised about $310 million in its lifetime through a Series B round, making a unicorn valuation highly likely. Here’s a look at the company’s funding timeline, courtesy of Crunchbase:

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Original article here

Peter Glock
Over 30 years of designing, building and managing telecoms and IT services. Primarily working with large enterprise and professional services businesses in Asia, North America, continental Europe and the UK. Information security professional, secret physics nerd.
https://brownglock.com

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