Perimeter 81

Company Overview

Snapshot

Founded in January 2013 by Amit Bareket and Sagi Gidali, Perimeter 81 operated with 51–200 employees. The company raised $164.5 million across 6 funding rounds from 7 investors. A significant milestone was its acquisition by Check Point Software Technologies in August 2023.

Business overview

Perimeter 81 developed solutions to simplify secure network, cloud, and application access for modern and distributed workforces. Its core technology provided a cloud-based, user-centric secure network as a service, utilizing zero-trust and software-defined perimeter security models. This offered enhanced network visibility, seamless onboarding, and automatic integration with major cloud providers, serving Fortune 500 businesses and industry leaders across various sectors within 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, integrating Perimeter 81's secure network access solutions into a larger security portfolio. For investors, this indicates a successful exit for Perimeter 81 and a strengthening of Check Point Software Technologies' position in the evolving network security landscape.

Company Intelligence Q&A

What was the most significant corporate event for Perimeter 81?

Perimeter 81 was acquired by Check Point Software Technologies in August 2023. This marked a major exit for the company and a strategic expansion for Check Point Software Technologies.

When did Perimeter 81 become a unicorn company?

Perimeter 81 became a cybersecurity unicorn in June 2022, following a Series C funding round.

Which investors participated in the August 2020 funding round?

In August 2020, Perimeter 81 raised funding from investors including Insight Partners.

What recognition did Perimeter 81 receive in September 2021?

In September 2021, Perimeter 81 won the prestigious SINET 16 Innovator Award for its zero-trust networking solutions.

What was Perimeter 81's total capital raised before its acquisition?

Perimeter 81 raised a total of $164.5 million across 6 funding rounds prior to its acquisition.