His [Paul Vallée's] goal is to raise US$10-million to US$15-million in venture capital by next spring to fund the Tehama business, which he said increased revenue by 60 per cent in the most recent quarter over the previous quarter and is tracking at more than US$1-million in annualized sales from 150 corporate clients.
“It’s not a bad start,” Mr. Vallée said. “We’re growing fast and we’d like to attract external capital because we have a world to change.”Read the press release.
The fledgling startup has few competitors so far, [Paul Vallée] said, adding he believes Tehama’s first-mover advantage gives it a great chance to become the clear leader in what could be a massive potential market. Vallée argues his platform makes it viable for remote work to become the norm even in industries with stringent security requirements such as banking and insurance. Read the press release.
In a statement, Paul Vallée, founder and CEO of Tehama remarked that digital enterprise has evolved to a place where Tehama’s offering is now widely recognized as necessary. “We’re now in a position to grow even faster as a separate entity from Pythian,” he said. Vallée points to changes in the global skills market and growing concern over cyber threats as the source of Tehama’s success. “More and more businesses are turning to freelancers, outsourcers, managed service providers and global talent markets for services and capabilities. That’s going to continue as demand for remote service delivery spikes over the next two decades. These businesses need a way to securely draw on the global workforce and stay in full regulatory compliance. That’s why we built Tehama." Read the press release.
"Enterprise Security Magazine, in conjunction with a distinguished panel of prominent marketing specialists and analysts, and our very own editorial board, have assessed and shortlisted companies who offer pioneering technology solutions in the identity and access management industry. This listing gives a comprehensive understanding of solutions that can be implemented to optimize your business process." Read the article.
Today, Tehama, the leading SaaS Platform for secure IT service delivery, announced that Backcountry, the premier online specialty retailer of outdoor gear, has chosen the Tehama platform to onboard global remote teams and temporary contract workers. With Tehama, Backcountry has instant secure access controls, isolated and collaborative workspaces, and continuous monitoring to reduce risk. Read the article.
Tehama and five other companies accepted into the CTA spring cohort will set up shop in a Manhattan co-working facility and receive mentorship and networking connections throughout the coming months. Read the article.
The Software-as-a-Service (SaaS) landscape continues to grow exponentially, and Canada is no exception. Investment in Canadian SaaS companies reached $1.62 billion in 2018 across 229 deals, up from $1 billion and 100 deals in 2017. The Canadian cloud economy contributed an estimated 8.2 billion to Canadian GDP in 2018, up from 4.6 billion in 2013. Read the article.
Tehama just came to market in the last year, and sees their differentiated solution as a logical one for service providers. They will be at MSP Expo in Fort Lauderdale next week to demonstrate it. Read the article.
IGEL, a world leader in software-defined endpoint optimization and control for the secure enterprise, today announced that it is teaming with Tehama, a cloud-based platform that secures and simplifies global IT operations, to deliver Amazon (AWS) Workspaces to end-users via the industry-leading Teradici PCoIP® Software Client for Linux. Read the press release.