Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

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.

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.

Related: Application Security Firm ShiftLeft Raises $29 Million

Related: Smallstep Raises $26 Million for Automated Certificate Management Platform

Related: Data Security Firm Veza Emerges From Stealth With $110 Million in Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

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.

Register

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.

Register

Expert Insights

Related Content

Application Security

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

Management & Strategy

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...

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

Funding/M&A

More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek

Funding/M&A

Forty cybersecurity-related M&A deals were announced in January 2023.

Funding/M&A

Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.