Cybersecurity Funding

Zero Trust VPN Company Tailscale Raises $100 Million

Zero trust enterprise VPN provider Tailscale this week announced that it has closed a $100 million Series B funding round that brings the total raised by the company to $115 million.

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

Ionut Arghire

May 6, 2022

Zero trust enterprise VPN provider Tailscale this week announced that it has closed a $100 million Series B funding round that brings the total raised by the company to $115 million.

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

Founded in 2019, the Toronto-based company offers a WireGuard-based private network connectivity solution with zero-config and end-to-end encryption, which integrates with services such as Google Workspace, Microsoft 365, Okta, Caddy Server, Syncthing, and VScode.

Tailscale says it will use the new funds to expand its employee base, accelerate growth, and invest in go-to-market and strategic partner initiatives.

“We’ve been pleased to see unexpectedly exuberant, rapid adoption of Tailscale across the community and among our customers. This aggressive funding round represents a clear signal from the market that investors believe in our vision — the Internet’s original vision — of small, trusted, human-scale networks, interconnected,” Tailscale co-founder and CEO Avery Pennarun said.

Written By Ionut Arghire

Ionut Arghire is an international correspondent for SecurityWeek.

Latest News

Click to comment

Webinar: How to Build Resilience Against Emerging Cyber Threats

Thursday, March 16, 2023

Join this webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.

Webinar: Understanding Hidden Third-Party Identity Access Risks

Tuesday, March 28, 2023

Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.

What Makes an Effective Anti-Bot Solution?

While there are likely many different approaches, here are a few points that are important for enterprises to consider when evaluating bot solutions. (Joshua Goldfarb)

Tackling the Challenge of Actionable Intelligence Through Context

Making threat intelligence actionable requires more than automation; it also requires contextualization and prioritization. (Marc Solomon)

Malware Trends: What’s Old Is Still New

Many of the most successful cybercriminals are shrewd; they want good ROI, but they don’t want to have to reinvent the wheel to get it. (Derek Manky)

Are Encryption and Zero Trust Breaking Key Protections?

Compliance and ZTNA are driving encryption into every aspect of an organization’s network and enterprise and, in turn, forcing us to change how we think about protecting our environments. (Matt Wilson)

How the Best CISOs Drive Operational Resilience

Cyberattacks have exposed a myriad of vulnerabilities in our healthcare infrastructure, and will continue to do so as new and innovative medical technologies are developed. (Galina Antova)

Application Security

Source Code Security Firm Cycode Launches With $4.6 Million in Funding

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Eduard KovacsSeptember 24, 2019

Management & Strategy

The Effect of Cybersecurity Layoffs on Cybersecurity Recruitment

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Kevin TownsendJanuary 30, 2023