Tailscale, a zero-trust enterprise VPN supplier, stated this week that it had concluded a $100 million Collection B fundraising spherical, bringing its whole capital to $115 million.
Current buyers Accel, Heavybit, Uncork Capital, and angel buyers joined the spherical, led by CRV and Perception Companions.
The Toronto-based agency, based in 2019, supplies a WireGuard-based non-public community connectivity answer with zero-config and end-to-end encryption that interfaces with Google Workspace, Microsoft 365, Okta, Caddy Server, Syncthing, and VScode.
Tailscale plans to make the most of the recent money to rent extra folks, speed up growth, and spend money on go-to-market and strategic companion initiatives, in response to the corporate.
“We’ve been happy to see unexpectedly exuberant, speedy adoption of Tailscale throughout the group and amongst our prospects. This aggressive funding spherical represents a transparent sign from the market that buyers imagine in our imaginative and prescient — the Web’s unique imaginative and prescient — of small, trusted, human-scale networks, interconnected,” Tailscale co-founder and CEO Avery Pennarun stated.