Tailscale

Tailscale in its US$100 million Series B financing round

Client

Tailscale

Value

US$100 million

Service

Emerging and High Growth Companies

Date Closed

May 2022

Industry

Technology

Lead Office

Toronto

 

On May 4, 2022, Tailscale announced it had completed its US$100 million Series B financing round led by a pair of new United States investors in CRV and Insight Partners with participation from a group of US-based existing investors Accel, Heavybit and Uncork Capital. This all-equity round will allow Tailscale to scale its engineering and operations teams as well as investing in marketing and sales.

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 Horatiu Porime and Ferial Fekri (Emerging and High Growth Companies).