Cybersecurity startup Tanium, valued at over $9 billion, exercised a clause that allowed it to buy its own shares from former employees

Tanium, a hot cybersecurity startup valued at over $9 billion, recently exercised the right to buy back employees’ equity in the company for $8.10/share — whether they wanted to sell or not. The buybacks came about a week before Tanium announced a $150 million funding round that brought its valuation up to over $9 billion.

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