Perimeter 81, a Tel Aviv, Israel-based Security Service Edge (SSE) and Zero Trust Network Access (ZTNA) provider, raised $100m in Series C funding valued at $1 billion.
The round was led by B Capital with participation from Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital, and publicly-traded Spring Ventures.
The startup will use the proceeds from its latest funding round to grow its sales, marketing, and product development teams
Company: Perimeter 81 LTD
Round: Series C
Lead Investors: B Capital
Additional Investors: Toba Capital, ION Crossover Ventures, Entrée Capital, and publicly-traded Spring Ventures.
Company Website: https://www.perimeter81.com/
Software Category: Secure Service Edge Platform
About the Company: Led by Co-Founder and CEO, Amit Bareket, and co-founder and CGO, Sagi Gidali, Perimeter 81 simplify corporate network security with its Security Service Edge (SSE) platform. As a holistic, cloud-based solution, it allows organizations of all industries and sizes to support the decentralized, hybrid workplace while avoiding the cyber complexity that hurts its ability to defend corporate cloud and on-prem networks. The company has over 250 employees and 2,400 customers who range from SMBs to Fortune 500s across a wide range of industries.