The Venture Codex Logo

The Venture Codex

Perimeter 81

13 Leonardo da Vinci Street, Tel Aviv, 6473315, Israel

Overview

Perimeter 81 offers a cloud-delivered SSE platform that enforces a zero trust architecture to secure remote access, network traffic, and endpoint devices. Its product portfolio includes Zero Trust Network Access, Firewall as a Service, and Secure Web Gateway offerings, along with an agentless VPN and a multi-tenant solution for channel partners, MSPs, and MSSPs. The company reports roughly 2,400 customers spanning SMBs to Fortune 500s and has more than 250 employees across Tel Aviv, New York, and Los Angeles. Perimeter 81 has more than doubled its annual recurring revenue year over year. The financing will be used to accelerate growth, hiring, and product development as the company seeks to further disrupt the network security market. Named a Forrester ZTNA New Wave Leader, Perimeter 81 emphasizes ease of use and simplicity to drive security adoption for modern distributed workforces. Perimeter 81 offers a user-centric Secure Network as a Service and SASE platform that consolidates networking and cloud security tools to replace legacy VPN and hardware firewalls. The product set includes secure access to local networks, cloud environments, business applications, DNS filtering, branch interconnectivity, endpoint security and planned FWaaS features in collaboration with SonicWall. The company has seen rapid commercial traction, acquiring close to 1,000 customers including Fortune 500 firms and growing ARR over 400% year-over-year. Perimeter 81 is expanding its team across sales, marketing and R&D and opening a new office in California to support growth. The company plans to use recent funding to accelerate hiring and product development and to continue rolling out security features throughout 2020. Founders Amit Bareket and Sagi Gidali lead the company from its Tel Aviv headquarters with offices in New York and California. Perimeter 81 delivers a cloud-agnostic Zero Trust Secure Network as a Service that unifies network and security capabilities in a 100% cloud platform. Its core product is a SASE platform (unveiled in February 2020) that combines Network as a Service with advanced cloud security capabilities licensed from SonicWall to secure access to local resources, cloud environments, and applications. The company reported 450% growth in 2019 and has acquired more than 620 clients, including Fortune 500 and other prominent organizations across government, entertainment, technology and AI. Over the next few months Perimeter 81 will add user and branch internet security, branch interconnectivity, and endpoint security to its offering. Financially, the company has raised $19.5 million in under twelve months and recently closed a $4.5 million Series A extension to accelerate development and go-to-market efforts. Perimeter 81 was founded by Amit Bareket and Sagi Gidali and emphasizes a user-centric, simplified alternative to legacy network security for remote and mobile workforces. Perimeter 81 provides a cloud-based Zero Trust Network as a Service that secures access to internal resources, user and branch internet security, branch interconnectivity and endpoint security. The company serves clients from SMBs up to Fortune 500 businesses across a wide range of sectors. Its channel includes major integrators, managed service providers and resellers. Perimeter 81 is led by co‑founders Amit Bareket and Sagi Gidali. The company recently strengthened its product roadmap and go-to-market by signing a mutual OEM agreement with SonicWall to integrate next‑generation firewall and cybersecurity capabilities. Financially, Perimeter 81 raised $10M in a Series A to support growth and product integration efforts. Perimeter 81 offers a SaaS software solution that simplifies secure network access for distributed workforces, with customizable networking capabilities and advanced security features. The platform ensures secure access at both the network and application level and supports automatic gateway deployment, multi‑tenant management, and full network visibility. The company serves customers ranging from midsize businesses to Fortune 500s across government, entertainment, technology, and AI sectors and partners with integrators, managed service providers, and channel resellers. Perimeter 81 is led by founders Amit Bareket (CEO) and Sagi Gidali (CPO) and is based in Tel Aviv, Israel, with a New York office. The company said it will use new funding to accelerate growth by expanding sales, marketing, and R&D teams and by developing new cloud firewall capabilities. The recent financing supports its go‑to‑market and product development plans for cloud and distributed workforce security.

Total raised
$160M
Funding rounds
5
Latest round
Series C
Latest activity
Jun 2022

Industries

  • Cloud Security
  • Cyber Security
  • Network Security
  • SaaS
Visit website

Recent funding

  1. Series C

    Jun 2022

    $100M

  2. Series B

    Aug 2020

    $40M

  3. Series A

    Mar 2020

    $5M

  4. Series A

    Nov 2019

    $10M

  5. Equity

    Mar 2019

    $5M

Team

  • Amit Bareket

    Co-Founder & CEO

    LinkedIn
  • Sagi Gidali

    Co-Founder & CPO

    LinkedIn
  • Aviv Refuah

    Founding Member, Executive, Active Board Member

    LinkedIn
  • Eugene Brodsky

    Chief Technology Officer

    LinkedIn