About AlgoSec
AlgoSec is a company based in Petah Tikva (Israel) founded in 2003. AlgoSec has raised $36 million across 1 funding round from investors including Claridge Israel. The company has 96 employees as of March 22, 2024. AlgoSec has completed 1 acquisition, including Prevasio. AlgoSec operates in a competitive market with competitors including Spirent, Allot, Juniper Networks, RedSeal and Tufin, among others.
- Headquarter Petah Tikva, Israel
- Employees 96 as on 22 Mar, 2024
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Algosec India Llp
- Date of Incorporation 14 Feb, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36 M (USD)
in 1 rounds
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Latest Funding Round
$36 M (USD), Series B
Jan 03, 2018
- Investors
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Employee Count
96
as on Mar 22, 2024
- Investments & Acquisitions
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People of AlgoSec
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Funding Insights of AlgoSec
AlgoSec has successfully raised a total of $36M through 1 strategic funding round. The most recent funding activity was a Series B round of $36 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $36.0M
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First Round
First Round
(03 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series B - AlgoSec | Valuation |
investors |
Investors in AlgoSec
AlgoSec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Claridge Israel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Claridge Israel is focused on growth investments in technology-driven companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by AlgoSec
AlgoSec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prevasio.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud security posture management platform
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2020 |
Financial Statements - AlgoSec
Algosec Comparisons
Competitors of AlgoSec
AlgoSec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spirent, Allot, Juniper Networks, RedSeal and Tufin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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| domain | founded_year | HQ Location |
Cloud-based platform is used for network management and optimization.
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| domain | founded_year | HQ Location |
Provider of cyber-security analytics platform
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| domain | founded_year | HQ Location |
Fire-wall based network security solutions
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| domain | founded_year | HQ Location |
Cyber threat intelligence, analytics, and management platform is provided.
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Latest news on Algosec
Frequently Asked Questions about AlgoSec
AlgoSec was founded in 2003 and raised its 1st funding round 15 years after it was founded.
AlgoSec is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
AlgoSec is a funded company, having raised a total of $36M across 1 funding round to date. The company's 1st funding round was a Series B of $36M, raised on Jan 03, 2018.
As of Mar 22, 2024, the latest employee count at AlgoSec is 96.
AlgoSec was founded in 2003 in Petah Tikva, Israel, and operates in the cybersecurity sector. Security policy management is automated through its suite of products, which handle configurations for firewalls, routers, switches, and secure web gateways. Integration with QualysGuard Vulnerability Management is included to assess and score risks for data center applications and associated servers, both physical and virtual.
AlgoSec has made 1 acquisition, including Prevasio.
AlgoSec has 1 investor. Key investors include Claridge Israel.