💰The Funding Letter #1645: April 9

Tailscale, Rescale, Hawk, and more...

April 09, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Open AI & Actively AI below!

Hit the Gong 🎉

Source: @techicorn_startup

Daily Deals 💸

🌎 Americas

Rescale has developed a cloud-based infrastructure platform that provides infinite scale, customization tools, and the ability to make adjustments optimized for specific workloads, enabling businesses to transform information technology into unified, agile environments while improving the total outcome. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $115M, Series D

Round Investors: Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund

🚀Growth Focus: Accelerate the growth of its comprehensive digital engineering platform for advanced computing, intelligent data, and applied AI.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 218

Tailscale develops a corporate virtual private network to offer a minimal latency network that connects servers, computers, and cloud instances, providing users and teams with a VPN at no upfront cost and minimal latency while working with existing services. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $160M, Series C ($1.5B Valuation)

Round Investors: Accel (lead), CRV, Heavybit, Uncork Capital

🚀Growth Focus: Grow its engineering and product teams.

HQ: Toronto, Canada

Industry: Software Development

Employee Count: 184 (⚡27% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring (remote roles!)

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