Tailscale has raised $160M (tailscale.com)

Article summary

Tailscale has raised $160 million in Series C funding, led by Accel, to further develop its networking platform. The company aims to use the funding to grow its engineering and product teams and support its free and paid customers. Tailscale's platform provides secure and private networking for businesses and individuals, and the company plans to continue investing in its technology. The funding round also includes participation from existing investors CRV, Insight Partners, Heavybit, and Uncork Capital.

Main themes

• Tailscale funding
• Networking platform
• Security and privacy
• Business growth
• Venture capital

What commenters say

• Some users are concerned that the new funding will lead to changes in direction and potentially drive away regular users from the platform.
• The company's decision to raise more funding is questioned, given its previous statement that it didn't need the money and was saving it for a rainy day.
• The cost of running a company like Tailscale is debated, with some arguing that the average package for a software engineer is around $500,000 per year, while others claim this is an overestimation.
• Some commenters suggest that Tailscale's pricing model is solid and should be able to cover salaries and other expenses, making the need for additional funding unclear.
• Alternative networking platforms, such as Netbird, are mentioned as options for users who are concerned about Tailscale's direction or pricing.
• The fully loaded cost of an engineer is discussed, with some arguing that it is around twice the salary, while others claim that this is not accurate.
• The age and location of employees can affect the cost of health insurance, which is a significant expense for companies.
• Some commenters speculate that Tailscale may be working on a new project that requires significant investment, which could be the reason for the new funding round.