Emerging and High Growth Companies

Tailscale in its US$12 million Series A financing round

Tailscale
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

 

On November 10, 2020, Tailscale completed its US$12 million Series A financing round led by Accel, with participation from Heavybit and Uncork Capital. The funding follows the launch of Tailscale’s product and brings the company’s total funding to US$15 million to date. Tailscale intends to use the funds to continue to scale their engineering team and build out their first marketing and sales teams.

Tailscale is a software firm specialising in a new kind of corporate VPN that requires no hardware or infrastructure that helps remote teams and organizations securely access the services they need.

Accel is a leading venture capital firm focused on investing in people and their companies from the earliest days through all phases of private company growth.

Osler, Hoskin & Harcourt LLP advised Tailscale with a team consisting of Chad Bayne, Gary Marshall and Theresa Donkor (Emerging and High Growth Companies). 

Value
US$12 million
Date Closed
November 10, 2020
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto