Perimeter 81

Network Security Platform

Cyber Security
Acquired (Inactive) by Check Point Software Technologies on Aug 2023 - closed due to acquisition

Company Overview

Snapshot

Founded in January 2013 by Amit Bareket and Sagi Gidali, Perimeter 81 operates with 51–200 employees. The company has raised $164.5 million across 6 funding rounds from 7 investors. In August 2023, Perimeter 81 was acquired by Check Point Software Technologies.

Business overview

Perimeter 81 develops solutions for organizations to consume network security, aiming to simplify secure network, cloud, and application access for modern and distributed workforces. The company provides a holistic, cloud-based, user-centric secure network as a service, utilizing zero-trust and software-defined perimeter security models. This approach offers enhanced network visibility, seamless onboarding, and automatic integration with major cloud providers, serving Fortune 500 businesses and industry leaders across various sectors in the Cyber Security domain.

Strategic signal

In September 2023, Check Point Software Technologies completed its acquisition of Perimeter 81. This acquisition signifies a strategic consolidation within the cybersecurity market, with a larger established player integrating Perimeter 81's network security platform. This move indicates a strong validation of Perimeter 81's technology and market position, suggesting an accelerated path for its solutions to reach a broader customer base under Check Point's umbrella.

Company Intelligence Q&A

What was the most significant recent corporate development for Perimeter 81?
In August 2023, Perimeter 81 was acquired by Check Point Software Technologies, marking a significant exit for the company.
When did Perimeter 81 last raise a funding round?
Perimeter 81 raised a funding round in June 2022 from investors including ION Crossover Partners and Spring Ventures.
Which investors participated in the August 2020 funding round?
In August 2020, Perimeter 81 raised a funding round led by Insight Partners, with participation from SonicWall.
What was Perimeter 81's partnership with Microsoft in March 2021?
In March 2021, Perimeter 81 joined the Microsoft Intelligent Security Association and made its solutions available in the Azure Marketplace.

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