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The financial record of Tommy Tuberville, the Alabama Republican Senate hopeful, raises questions about his judgment.

The financial record of Tommy Tuberville, the Alabama Republican Senate hopeful, raises questions about his judgment.

Tommy Tuberville, the Republican candidate for Senate in Alabama, is running in large measure on his experience in college football’s Southeastern Conference, known as the S.E.C., where he coached Auburn University.

But he has had experience with another S.E.C., the Securities and Exchange Commission, and other financial regulators.

A review by The New York Times found that Mr. Tuberville, who leads Senator Doug Jones, a Democrat, in the polls, has a history of involvement with at least three people who were later convicted of financial fraud in what were described as Ponzi schemes. Mr. Tuberville was largely seen as a victim and never charged with a crime.

In two episodes, Mr. Tuberville lost millions of dollars. A third was more minor, when Mr. Tuberville and his wife, Suzanne, bought a home through a company created by a lawyer who was later convicted of running a real estate-related Ponzi scheme.

The Times review included a small charitable foundation created by Mr. Tuberville, finding that its tax records indicated that less than a third of its proceeds went to the veterans’ causes it was set up to advance. The foundation also had bookkeeping issues.

The review raised questions about Mr. Tuberville’s judgment and financial acumen. While he has said on the campaign trail that he hoped to serve on the “banking finance” committee — the Senate has separate, and prestigious, banking and finance committees — he has at times undercut his own qualifications. Regarding an ill-fated hedge fund venture, he once told a reporter, “I’m not smart enough to understand all the numbers.”

In a statement, Mr. Tuberville’s campaign largely deflected financial questions. “Doug Jones, Chuck Schumer, and other liberal, Swamp Democrats are spreading lies in an attempt to smear Coach Tuberville’s career, accomplishments, and charitable service,” the statement said, adding, “Coach

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Tanium, backed by Salesforce Ventures, quietly raises funding round

Tanium, backed by Salesforce Ventures, quietly raises funding round

  • The cybersecurity firm Tanium is quietly raising $200 million in funding and has sold $150.5 million in securities to investors, according to a SEC Form D filed on Monday.
  • It’s unclear if the filing accounts for a “significant investment” from Salesforce Ventures that was announced in June. At the time, Tanium did not disclose how much funding it raised in that round, only that it brought the company to a $9 billion valuation.
  • In September, Tanium brought on former Ford CEO Mark Fields as its lead board member as it transitions to 5G.
  • Do you work at Tanium? Got a tip? Contact this reporter via email at rmchan@businessinsider.com, Signal at 646.376.6106, Telegram at @rosaliechan, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) Other types of secure messaging available upon request.
  • Visit Business Insider’s homepage for more stories.

Tanium, one of the most valuable cybersecurity companies in the industry, is quietly raising a round of funding that could total as high as $200 million, according to a public filing. 

Tanium, founded in 2007 by father and son team David and Orion Hindawi, says it has sold about $150.5 million out of $200 million in securities offered to a total of 26 investors, according to a SEC Form D filed on Monday. The filing was first spotted by CRN’s Joseph F. Kovar.

It’s unclear if this filing accounts for a “significant investment” from Salesforce Ventures that was announced in June. While Tanium did not disclose the size of the investment at that time, it did say that the deal valued the company at $9 billion. 

Startup funding database Crunchbase, however, pegs the size of the investment at $117.2 million. Assuming that figure is accurate, and that the filing encompasses the investment in question, it means that Tanium raised

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