Tailscale, a Toronto, Canada-based software company that virtual private network (VPN) solution, has raised $160 million ($230M CAD) in Series C funding.
Investors
The round was led by Accel, with participation from CRV, Insight Partners, Heavybit, Uncork Capital, and angel investors, including George Kurtz (CEO of Crowdstrike) and Anthony Casalena (CEO of Squarespace).
Accel is a global venture capital firm that invests in early-stage and growth-stage tech companies. The firm focuses on technology, consumer products, SaaS, fintech, and healthcare sectors. With offices in Silicon Valley, London, and Bangalore, Accel provides capital, strategic guidance, and a vast network to help companies scale globally.
Tailscale Use of Funds
The company will use the funding to expand its global operations, grow its engineering, product, and sales teams, and support the increasing number of AI companies using its product.
About Tailscale
Tailscale offers a zero-configuration VPN that enables secure and easy access to network services on any device from anywhere. Its software simplifies VPN setup and management, making it accessible to individuals and teams while maintaining security. Tailscale serves AI startups like Perplexity, Mistral, Hugging Face, and Cohere, as well as enterprises like Instacart, SAP, Telus, Duolingo, and Motorola. Founded in 2019, Tailscale's mission is to remove the overhead and complexity from the long tail of software and operational problems that people face every day.
Funding Details
Company: Tailscale Inc.
Raised: $160.0M
Round: Series C
Funding Date: April 2025
Lead Investor: Accel
Additional Investors: CRV, Insight Partners, Heavybit, Uncork Capital, angel investors George Kurtz and Anthony Casalena
Company Website: https://tailscale.com/
Software Category: Virtual Private Network (VPN)
Source: Bhttps://betakit.com/corporate-vpn-startup-tailscale-secures-230-million-cad-series-c-on-back-of-surprising-growth/