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Networking startup Tailscale raises $160M at $1.5B valuation

  • Networking startup Tailscale has raised $160 million in funding, valuing the company at $1.5 billion.
  • Tailscale develops a virtual private network (VPN) platform that allows customers to establish secure encrypted connections between remote systems.
  • The company's approach eliminates the need for a VPN gateway, resulting in lower latency and improved network performance.
  • Tailscale plans to use the funding to expand its engineering and product teams and invest in the free version of its platform.

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