Tailscale Secures $1.5 Billion Valuation in Latest Funding Round
Deal News | Apr 08, 2025 | TenOneTen Management LLC
Tailscale Inc., a security-focused startup headquartered in Toronto, has successfully raised $160 million, increasing its valuation to approximately $1.5 billion. Accel led this significant funding round, with additional investments coming from prominent firms such as CRV, Insight Partners, Heavybit, and Uncork Capital. Notably, George Kurtz, the CEO of the cybersecurity firm CrowdStrike Holdings Inc., also participated in this funding effort. This round of investment marks a substantial milestone for the Canadian company, demonstrating strong investor confidence in its security solutions.
Sectors
- Technology
- Venture Capital
- Cybersecurity
Geography
- Canada – Tailscale is based in Toronto, Canada, making this geography central to the article.
- United States – The article involves U.S.-based investors such as Accel, Insight Partners, and George Kurtz.
Industry
- Technology – Tailscale operates within the technology sector, focusing on security solutions for networks and communication.
- Venture Capital – The article highlights a significant VC funding round involving several leading venture capital firms.
- Cybersecurity – Given the involvement of George Kurtz, CEO of cybersecurity company CrowdStrike, and Tailscale's focus, the cybersecurity industry is highly relevant.
Financials
- $160 million – The total amount raised in Tailscale's latest funding round.
- $1.5 billion – The valuation of Tailscale following the successful funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tailscale Inc. | Target Company | Company | A Toronto-based security startup focused on enhancing secure network access. |
| Accel | Lead Investor | Company | A prominent venture capital firm known for investing in technology startups. |
| CRV | Investor | Company | A venture capital firm participating in Tailscale's funding round. |
| Insight Partners | Investor | Company | A global private equity and venture capital firm, investing in Tailscale. |
| Heavybit | Investor | Company | An investor known for backing developer-focused startups. |
| Uncork Capital | Investor | Company | A venture capital firm that invests in early-stage companies. |
| George Kurtz | Investor | Person | The CEO of CrowdStrike Holdings Inc., participating as an individual investor. |