Fundz

Tailscale Raises $12M Led by Accel to Build Distributed Networks for Distributed Teams

PRIVATENov 10, 2020

Amount Raised

$12 Million

Round Type

Funding Round

Toronto

Description

Today, Tailscale announced US$12 million in Series A funding from Accel, with participation from Heavybit and Uncork Capital. Tailscale is a new kind of corporate VPN that helps remote teams and organizations securely access the services they need. Leveraging zero-trust architecture from BeyondCorp at Google and the WireGuard protocol, Tailscale makes network security accessible to teams of any scale.

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Company Information

Company

Tailscale

Location

Toronto, Ontario, Canada

About

Pennarun says that, even if a company uses Tailscale to route public-facing browser traffic through nodes like Linux, Windows, macOS, and Android TV devices, only these devices see decrypted traffic or have any view into what traffic they’re sent. But by other metrics, the company has performed well in the face of competition from ZeroTier and Cloudflare One. In addition to hundreds of thousands of users on its free plan, which Tailscale recently debuted, the startup claims to have paying government clients as well as private sector customers including Oxide Computing Company, Dusty Robotics, and VersaBank. “By bridging the two, Tailscale provides an option that makes teams more productive, eliminating connectivity problems and complex network architecture, but also secure by default, because every connection is always secure.”Tailscale’s product is built on WireGuard, a communication protocol and open source software that implements encrypted VPNs in enterprise environments. Tailscale is razor-focused on user experience and security.”

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Tailscale raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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