Emerging and High Growth Companies

Tailscale in its US$100 million Series B financing round

Tailscale
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

 

On May 4, 2022, Tailscale announced it had completed its US$100 million Series B financing round led by a pair of new United States investors in CRV and Insight Partners with participation from a group of US-based existing investors Accel, Heavybit and Uncork Capital. This all-equity round will allow Tailscale to scale its engineering and operations teams as well as investing in marketing and sales.

Tailscale is a Toronto-based software company that provides zero-configuration virtual private networks (VPNs) for secure connectivity.

Osler, Hoskin & Harcourt LLP advised Tailscale with a team consisting of Chad Bayne, Gary Marshall, Mihnea Horatiu Porime, Ferial Fekri and Darren Gill (Emerging and High Growth Companies).

Value
US$100 million
Date Closed
May 4, 2022
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto