Tech Company Financing Transactions
Tailscale Funding Round
Tailscale, based in Toronto ON, secured $160 million from Accel Partners, CRV and Heavybit.
Transaction Overview
Company Name
Announced On
4/9/2025
Transaction Type
Venture Equity
Amount
$160,000,000
Round
Series C
Investors
Proceeds Purpose
With the new funding, Tailscale plans to accelerate product development to meet growing demand. The company sees many opportunities emerging, particularly in the AI sector, and it wants to invest in engineering to quickly respond to market demands while maintaining its core product philosophy of simplicity and ubiquity.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
50 Lynn Williams St. 401
Toronto ON, M6K 3R9
Canada
Toronto ON, M6K 3R9
Canada
Phone
Website
Email Address
Overview
Most teams build systems that don't ever need to be Internet scale. Our vision is to remove overhead and complexity from this long tail of software and operational problems that people face every day. We founded Tailscale in early 2019 to build tools to help make these systems faster, easier, and more secure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Avery Pennarun
Chief Operating Officer
David Carney
Chief Technical Officer
David Crawshaw
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