On November 10, 2020, Tailscale completed its US$12 million Series A financing round led by Accel, with participation from Heavybit and Uncork Capital. The funding follows the launch of Tailscale’s product and brings the company’s total funding to US$15 million to date. Tailscale intends to use the funds to continue to scale their engineering team and build out their first marketing and sales teams.
Tailscale is a software firm specialising in a new kind of corporate VPN that requires no hardware or infrastructure that helps remote teams and organizations securely access the services they need.
Accel is a leading venture capital firm focused on investing in people and their companies from the earliest days through all phases of private company growth.
Osler, Hoskin & Harcourt LLP advised Tailscale with a team consisting of Chad Bayne, Gary Marshall and Theresa Donkor (Emerging and High Growth Companies).