Tailscale Raises $100M in Series B Funding


Tailscale, a Toronto, Canada-based software that makes it easy to interconnect and secure devices, raised US $100M in Series B funding.

The round was led by CRV and Insight Partners with participation from Accel, Heavybit, Uncork Capital, and individual investors.

The company intends to use the funds to continue to hire engineering talent to expand product-led growth, as well as scale out its go-to-market and strategic partner initiatives.

Led by Avery Pennarun, Co-Founder and CEO, Tailscale builds software that makes it easy to interconnect and secure devices, no matter where they are. Every day, banks and multinational companies use the tools to protect their corporate networks.

The solution integrates with existing identity services including Google Workspace, Microsoft 365, and Okta for seamless authentication and delivers an all-in-one Zero Trust solution for Secure Access Service Edge (SASE), Identity and Access Management (IAM), and Privileged Access Management (PAM) that works. It is based on WireGuard, the open source, opinionated standard for secure connectivity, and is set up and configured in a matter of minutes on average, while other VPN solutions take weeks to fully implement and several hours a week to maintain.

Tailscale has released remote development integrations with GitPod, Coder, Materialize, GitHub Codespaces, and Indent in the last six months alone.

Enterprises including Oxide Computing Company, Dusty Robotics, and VersaBank, among others, use it.