Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Pennarun confirmed the company had been approached by potential acquirers, but told BetaKit that the company intends to grow as a private company and work towards an initial public offering (IPO).
“Tailscale intends to remain independent and we are on a likely IPO track, although any IPO is several years out,” Pennarun said. “Meanwhile, we have an extremely efficient business model, rapid revenue acceleration, and a long runway that allows us to become profitable when needed, which means we can weather all kinds of economic storms.”
Keep that in mind as you ponder whether and when to switch to self-hosting Headscale.
I’m unsure if it has been mentioned, but a similar tool which is open source (you can run the backend unlike tailscale), netbird
become profitable when needed
By what, laying off all QA and support staff and half your developers the moment a single quarterly earnings report isn’t spotlessly gilded?
Are there better alternatives? I was planning on using tailscale until now. :P
Wireguard if you’re just using it yourself. Many various ways to manage it, and it’s built in to most routers already.
Otherwise Headscale with one of the webUIs would be the closest replacement.
Tailscale never sat right with me. The convenience was nice, but - like other VC-funded projects - it followed that ever-familiar pattern of an “easy” service popping up out of nowhere and gaining massive popularity seemingly overnight. 🚩🚩🚩
I can’t say I’m surprised by any of this.
Would you rather a difficult and hard to use program?
Easy to use means people will want to adopt it, and that’s what VC companies want. Nobody wants to pay millions of dollars to make a program that nobody wants to use.
Maybe this is a pet peeve but it’s a vpn tool that forces you to log in with an “identity provider”. Yeah, no thanks.
That’s a basic requirement for almost any company. If you’re into hard coding credentials just use wireguard directly.
I just replaced my entire setup with base wireguard as a challenge, easier than I expected it to be, and not hard to mimic tailscale.
Any helpful guids or links you feel like sharing for interested parties?
