# Perimeter 81

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perimeter-81

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv, Israel
- Website: www.perimeter81.com
- Total disclosed funding: $164M
- Latest round: Series C (Jun 6, 2022)
- Investors on record: 8

## About

Perimeter 81 Ltd., based in Tel Aviv, Israel, specializes in providing secure digital network solutions through its innovative SASE offerings, facilitating seamless access to corporate resources for modern organizations.Founded in 2018, Perimeter 81 Ltd. operates from Tel Aviv, Israel, focusing on cybersecurity solutions for businesses. It was acquired by Check Point Software Technologies in September 2023 for USD 490 mn, enhancing Check Point's unified security suite. The firm has completed a total of 7 deals, with its most recent deal occurring on August 10, 2023. The company's founders have not been publicly detailed.Perimeter 81 Ltd. delivers secure corporate networking solutions through SASE (Secure Access Service Edge), primarily offering Private Access and Internet Access. Their services utilize a global private backbone for fast, secure connectivity, leveraging the Zero Trust Network Access (ZTNA) model. Additionally, their Secure Web Gateway (SWG) component safeguards users against internet threats, catering to industries like technology, healthcare, finance, and government across regions including North America, Europe, and Asia.Perimeter 81 Ltd. generates revenue through a subscription-based model, allowing organizations to access advanced cybersecurity solutions via annual contracts. Their service offerings, such as Firewall as a Service (FWaaS) and SaaS Protection (SaaSPass), are priced based on user counts or specific features. This model promotes ongoing client relationships, ensuring continued support and system upgrades as part of service agreements.Following its acquisition by Check Point Software Technologies, Perimeter 81 Ltd. plans to leverage the new funding to enhance its product offerings and expand its market reach. The recent acquisition aims to unify Check Point’s security solutions, facilitating future product launches. Specific markets for expansion have not been publicly detailed, but the strategic partnership will likely focus on advancing cybersecurity solutions globally.

## Funding rounds

- Series C, Jun 6, 2022, $100M — Insight Partners, ION Asset Management, Entree Capital, Spring Ventures, Toba Capital, B Capital
- Series B, Aug 11, 2020, $40M — Insight Partners, SonicWall Inc., Spring Ventures, Toba Capital
- Series A, Jun 1, 2020, $4.5M — SonicWall Inc., Spring Ventures, Toba Capital, JAL Ventures
- Series A, Mar 11, 2020, $4.5M — Toba Capital
- Series A, Nov 21, 2019, $10M — SonicWall Inc., Spring Ventures
- Seed, Mar 25, 2019, $5M — Spring Ventures

## Investors

- Spring Ventures — Seed, Series A, Series B, Series C
- SonicWall Inc. — Series A, Series B
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A, Series B, Series C
- JAL Ventures (https://capitalatlas.ai/funds/jal-ventures) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C
- ION Asset Management — Series C
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Series C
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series C