this post was submitted on 09 Jun 2025
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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.

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[–] dangercake@feddit.uk 8 points 2 days ago (2 children)

Netbird seemed to go in a similar way, though still good. I want to try zrok next, looks interesting

[–] avidamoeba@lemmy.ca 1 points 2 days ago (1 children)

What do you mean by going in a similar way? Towards an IPO?

[–] dangercake@feddit.uk 2 points 2 days ago

Maybe not ipo, but it seemed like it had a strong monetisation push a while ago

[–] httperror418@lemmy.world 2 points 2 days ago (1 children)

Netbird you can still run unlike tailscale with headscale right?

At least hope the backend can be fully ran ?

[–] dangercake@feddit.uk 2 points 2 days ago

Yes, and I think it's the full fat option as well