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Sunday, April 5, 2020

Tailscale Raises $3M In Seed Funding

Tailscale, a Toronto, Canada-based corporate VPN company, raised $3m in seed funding.

The round was led by Heavybit with participation from Uncork Capital and others.

The company intends to use the funds to expand operations and its business reach.

Established in 2019 is led by Says Avery Pennarun, CEO, David Crawshaw, CTO, and David Carney, COO, Tailscale is a new kind of corporate VPN launched to help remote teams securely access the services they need, without the long setup times of traditional VPNs. It is based on Google’s BeyondCorp architecture, and built using the WireGuard protocol. Tailscale reduces VPN setup by using a team’s existing identity provider such as GSuite and Office365, connects authorized devices in a peer-to-peer mesh, minimizing latency and improving reliability.

Source, FinSMEs, April 5, 2020

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