Tailscale Raises $100M Series B to Fix the Internet with Its Zero Trust VPN for Modern DevOps Teams

Led by CRV and Insight Partners, the investment positions the first mesh VPN, loved by developers and security teams, as the de facto connectivity and security solution for enterprises and remote teams

TORONTO, May 04, 2022–(BUSINESS WIRE)–Today, Tailscale announced a US$100 million Series B funding round led by CRV and global software investor Insight Partners with participation from Accel, Heavybit, Uncork Capital and prominent individual investors. This round reflects the rapid adoption of Tailscale among top developers and DevOps teams who need to easily and securely connect to resources in the cloud, on-premises, and everywhere in between. Leveraging BeyondCorp’s zero-trust architecture at Google and the WireGuard® protocol, Tailscale makes network security accessible to teams of all sizes.

Founded in 2019, Tailscale has experienced 1,200% year-over-year growth and continues to maintain 20% quarter-over-quarter growth in monthly active users, driven primarily by organic word-of-mouth. The investment will allow Tailscale to hire top engineering talent to expand the growth of the product-focused business, as well as expand its go-to-market and strategic partnership initiatives.

Simplified network connectivity and security

There has always been a deep disconnect between connectivity, ease of use, and security best practices. Tailscale eliminates this tension by making private network connectivity fast, effortless, and seamless while allowing security teams to rest easy with end-to-end encryption, no single point of failure, near-instant setup, and zero configuration .

Tailscale integrates with existing identity services including Google Workspace, Microsoft 365 and Okta for seamless authentication and provides an all-in-one Zero Trust solution for Secure Access Service Edge (SASE), Identity and Access Management (IAM) and Privileged Access Management. (PAM) that just works. It’s based on WireGuard, the industry-advised, open-source standard for secure connectivity, and is installed and configured in minutes on average, while other VPN solutions take weeks to fully implement and hours a week to complete. be maintained.

Tailscale is quickly establishing itself as the industry leader and integrating with the cloud-native tools that developers depend on, such as Syncthing, VScode, and Caddy Server. Tailscale removes common barriers to remote development by securely connecting the right people to the right resources. Tailscale has released remote development integrations with GitPod, Coder, Materialise, GitHub Codespaces, and Indent in the last six months alone.

Companies like Oxide Computing Company, Dusty Robotics, and VersaBank rely on Tailscale to turn complex network connections into something reliable and simple.

Estimate

Avery Pennarun, co-founder and CEO of Tailscale. “Since its inception, the Internet has become increasingly complicated, centralized and insecure. We have been delighted to see the unexpected rapid and exuberant adoption of Tailscale in the community and among our customers. This aggressive funding round represents a signal clear from the market that investors believe in our vision – the original vision of the Internet – of small, trusted, human-sized, interconnected networks.”

Reid Christian, General Partner at CRV: “Protecting access to critical devices, networks, and systems is an organization’s first wall of defense against malicious actors, but ensuring that level of security without hampering development teams remains a bottleneck for many organizations. organizations. Tailscale eliminates this bottleneck for every developer, on every device and every application, making it easier to enforce granular access controls while keeping security teams compliant.”

Rebecca Liu-Doyle, Managing Director, Insight Partners: “Tailscale rings in a new paradigm of secure networking, centered on intuitive design and pure user enjoyment. Tailscale has captured the minds and, more importantly, the hearts of developers within organizations of all sizes. We look forward to partnering with this incredible team on the journey ahead.”

Jessie Frazelle, Product Manager, Oxide Computing“Tailscale allows us to scale quickly and not worry about VPN infrastructure. The simple user interface and easy installation on any device is something we’ve been looking for for years.”

Oliver Shaw, CTO and Co-Founder, Jasper“As CTO, I can quickly set up new instances of software like Sourcegraph that our team can securely access. Our engineers can also quickly and securely connect to our Consul nodes running in our secure AWS VPC to debugging, which was a major pain point. We’re infinitely faster and so much happier.”

Additional Resources:

About Tailscale
Tailscale develops software that makes it easy to connect and secure devices, wherever they are. Every day, banks and multinational corporations use Tailscale to protect their corporate networks. Hobbyists and start-ups trust Tailscale to collaborate and share access to tools. We’re building a future for the Internet that’s simple, small, and secure, just like it once was. Founded in 2019 and fully distributed, we are backed by Accel, CRV, Heavybit, Insight Partners and Uncork Capital. For more information, visit https://tailscale.com

*WireGuard is a registered trademark of Jason A. Donenfeld

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220504005325/en/

contacts

Hurry:
Laura Franzese
laura@tailscale.com

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