Perimeter 81

Network Security Platform

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

Snapshot

Founded in January 2013 by Amit Bareket and Sagi Gidali, Perimeter 81 operates with 51–200 employees. The company raised a total of $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 network security solutions designed to simplify secure network, cloud, and application access for modern and distributed workforces. The company offers a holistic, cloud-based, user-centric secure network as a service, leveraging zero-trust and software-defined perimeter security models. This technology provides enhanced network visibility, seamless onboarding, and automatic integration with major cloud providers. Perimeter 81 serves clients including Fortune 500 businesses and industry leaders across various sectors, operating within the Cyber Security sector, specifically focusing on Network & Infrastructure Security and Cloud technologies.

Strategic signal

In September 2023, Check Point Software completed its acquisition of Perimeter 81, a strategic move that significantly enhances Check Point's security portfolio. This acquisition signals a strong market validation for Perimeter 81's zero-trust and SASE solutions, indicating a consolidation trend in the cybersecurity space where established players are integrating innovative technologies to address evolving network security demands.

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Company Intelligence Q&A

What was a significant recent corporate development for Perimeter 81?
In August 2023, Perimeter 81 was acquired by Check Point Software Technologies. This acquisition was completed in September 2023.
When did Perimeter 81 become a unicorn?
Perimeter 81 became a cybersecurity unicorn in June 2022, following a Series C funding round.
Which investors participated in the June 2022 funding round?
The June 2022 funding round included investments from ION Crossover Partners.
What was a key partnership for Perimeter 81 in March 2021?
In March 2021, Perimeter 81 joined the Microsoft Intelligent Security Association and made its solutions available in the Azure Marketplace.
What product enhancement did Perimeter 81 introduce in February 2022?
In February 2022, Perimeter 81 added a Secure Web Gateway to its Security Services Edge solution, enhancing its offerings for secure network access.
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