GuardiCore

Company Overview

Snapshot

Founded in August 2013 by Pavel Gurvich, Ariel Zeitlin, and Dror Sal'ee, GuardiCore operated with 51–200 employees. The company raised a total of $126 million across 4 funding rounds from 11 investors, with Qumra Capital leading one of its rounds. GuardiCore was acquired by Akamai Technologies in September 2021.

Business overview

GuardiCore is a cybersecurity company specializing in data center and cloud security. It develops technologies for internal data center security and breach detection, offering real-time visibility, understanding, and response to illicit activities. The company's core product, the GuardiCore Centra Security Platform, leverages threat deception and application-level network visualization to provide distributed breach detection and automated attack mitigation. GuardiCore serves enterprise and professional services clients, particularly within the IT sector and data centers, addressing security challenges across virtual high-traffic data center environments.

Strategic signal

In September 2023, two years after its acquisition by Akamai Technologies for approximately $600 million, GuardiCore faced a significant tax debt of 200 million shekels ($63 million) from the Israeli Tax Authority, leading to a dissolution request and the appointment of a trustee. This development indicates potential post-acquisition financial and legal challenges, raising questions about the integration process and ongoing liabilities for acquired entities.

Company Intelligence Q&A

What was the most recent significant event for GuardiCore?

In September 2023, the Israeli Tax Authority filed a dissolution request against GuardiCore due to a reported tax debt of 200 million shekels ($63 million), two years after its acquisition by Akamai Technologies.

When was GuardiCore acquired and by whom?

GuardiCore was acquired by Akamai Technologies in September 2021 for approximately $600 million. This acquisition aimed to integrate GuardiCore's micro-segmentation solution into Akamai's Zero Trust security portfolio.

What was GuardiCore's total funding prior to acquisition?

GuardiCore raised a total of $126 million across 4 funding rounds before its acquisition.

Which investors participated in GuardiCore's Series C funding round?

In May 2019, GuardiCore secured a Series C funding round led by Qumra Capital, with participation from.

What was a key product development for GuardiCore in early 2020?

In February 2020, GuardiCore expanded its Centra Security Platform to protect cloud-native applications and simplify segmentation policy, introducing new capabilities for visualizing, segmenting, and protecting serverless computing and Platform as a Service (PaaS) environments.