蓝莓视频

A growing startup company that was co-founded by two 蓝莓视频 Engineering graduates is in unicorn territory after securing US $100 million in new funding.

Tailscale Inc., which was launched just three years ago and currently has 35 employees, was founded by alumni Avery Pennarun (BASc 鈥�01, computer engineering) and David Carney (BASc 鈥�01, computer engineering) along with David Crawshaw.

蓝莓视频 Engineering alumnus Avery Pennarun is a co-founder of Tailscale Inc.

They are out to 鈥渇ix the Internet,鈥� according to a by Pennarun, by providing a simpler alternative to virtual private network (VPN) systems that doesn鈥檛 require costly hardware or infrastructure.

鈥淪o, here鈥檚 what we鈥檙e going to do with a hundred million dollars: more of what we鈥檝e been doing, for the people we鈥檝e been听doing it for,鈥� wrote Pennarun, the CEO, in the folksy post. 鈥淎t a healthy pace, at human scale. With a focus on quality and craftsmanship. And trust. And security. And customer service. And 鈥� profitability. Like a bunch of weirdos.

鈥淚 could show you our fancy Vision Statement and Mission Statement, but I鈥檝e been referring to them less and less lately. Now I just tell people: We鈥檙e here to fix the Internet. If we don鈥檛, who will?鈥�

The funding round, which was led by Charles Rivers Ventures (CRV) and Insight Partners, values the Toronto-based company at $1 billion.

Tailscale has benefitted from the move to working from home via remote connections during the COVID-19 pandemic, rapidly increasing its active monthly users. It is aiming to triple its staff by the end of the year.

Main photo by Olia Danilevich from Pexels