# GuardiCore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guardicore

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv, Israel
- Website: www.guardicore.com
- Total disclosed funding: $106M
- Latest round: Series C (May 20, 2019)
- Investors on record: 10

## About

GuardiCore Ltd. focuses on cybersecurity solutions, specifically microsegmentation to enforce Zero Trust architectures within hybrid cloud environments, enhancing security for enterprises across various industries.Founded in 2013 in Tel Aviv, Israel, GuardiCore Ltd. is dedicated to providing advanced cybersecurity solutions. The company was co-founded by Dror Sal'ee and is currently led by CEO Pavel Gurvich. In September 2021, GuardiCore was acquired by Akamai Technologies, Inc. for approximately USD 600 mn, allowing Akamai to enhance its security offerings for enterprises. The company has completed a total of 5 deals, with the most recent funding round being a Trade Sale.GuardiCore Ltd. offers cybersecurity services, notably the Akamai Guardicore Segmentation, which provides microsegmentation capabilities to secure hybrid cloud environments. This solution protects against lateral movement of threats, making it essential for sectors like financial services and healthcare. Other key offerings include API security tools and advanced threat detection services, which collectively enhance web application security and performance for a diverse global client base.GuardiCore operates on a subscription-based revenue model, generating income through its cybersecurity solutions tailored for businesses. Clients typically enter annual contracts for services, including Akamai Guardicore Segmentation and related API security tools. This model allows flexibility for organizations to adapt their service levels according to changing security needs.Following the acquisition by Akamai Technologies, Inc., which was completed in October 2021, GuardiCore aims to leverage its resources to enhance its product offerings and expand its market reach. The company plans to develop new security solutions tailored for emerging threats and intends to penetrate additional geographic markets, focusing on regions with increasing demand for cybersecurity solutions. The recent funding will support these initiatives, facilitating the design and launch of new products aimed at defending enterprises against evolving cybersecurity threats.

## Funding rounds

- Series C, May 20, 2019, $60M — Battery Ventures, TPG, Partech Partners, DTCP, Qumra Capital, 83 North, ClalTech, Greenfield Partners
- Series B, Aug 1, 2017, $15M — Battery Ventures, TPG, Cisco Investments, 83 North, Dell Technologies Capital, Greenfield Partners
- Series B, Jul 18, 2016, $20M — Battery Ventures, Cisco Investments, 83 North
- Series A, Aug 18, 2014, $11M — Battery Ventures, 83 North

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B, Series C
- 83 North (https://capitalatlas.ai/funds/83-north) — Series A, Series B, Series C
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series B
- TPG (https://capitalatlas.ai/funds/tpg) — Series B, Series C
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series B
- Greenfield Partners (https://capitalatlas.ai/funds/greenfield-partners) — Series B, Series C
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series C
- DTCP — Series C
- Qumra Capital (https://capitalatlas.ai/funds/qumra-capital) — Series C
- ClalTech (https://capitalatlas.ai/funds/claltech) — Series C