Emerging and High Growth Companies

Tailscale in its US$160-million Series C financing Tailscale in its US$160-million Series C financing

Tailscale
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto

Manvir Rai

Lead Transaction Management Lawyer, Osler Works – Transactional, Ottawa

On April 8, 2025, Tailscale announced that it raised US$160 million of Series C financing. This round was led by Accel and had participation from returning investors including CRV, Insight Partners, Heavybit and Uncork Capital. Tailscale plans to utilize the funding towards its global expansion aspirations.

Tailscale is a Toronto-based software company that provides zero-configuration virtual private networks (VPNs) for secure connectivity.

Osler, Hoskin & Harcourt LLP advised Tailscale with a team consisting of Chad Bayne, Gary Marshall, Mihnea Porime, Ferial Fekri and Husnain Malik (Emerging and High Growth Companies), Manvir Rai and Mamie McGinn (Osler Works – Transactional).

Value
US$160 million
Date Announced
April 8, 2025
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto

Manvir Rai

Lead Transaction Management Lawyer, Osler Works – Transactional, Ottawa