About Perimeter 81
Perimeter 81 is a company based in New York (United States) founded in 2018 by Sagi Gidali and Amit Bareket was acquired by Check Point Software in August 2023.. Perimeter 81 has raised $159.5 million across 5 funding rounds from investors including Check Point Software, SonicWALL and Ion AM. The company has 250 employees as of July 17, 2023. Perimeter 81 operates in a competitive market with competitors including Netskope, Cradlepoint, Aryaka Networks, Cato Networks and ZTE, among others.
- Headquarter New York, United States
- Employees 250 as on 17 Jul, 2023
- Founders Sagi Gidali, Amit Bareket
- Stage Unicorn
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Sectors
TechnologyTelecommunications
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$159.5 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series C
Jun 06, 2022
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Investors
Check Point Software
& 8 more
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Employee Count
250
as on Jul 17, 2023
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Acquired by
Check Point Software
(Aug 10, 2023)
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Software Development Team
334 people
Sales and Marketing
151 people
Major Team
52 people
Leadership Team
47 people
Product Management Team
25 people
Human Resources and Administration
23 people
Head Team
19 people
R Team
18 people
Unlock access to complete
Funding Insights of Perimeter 81
Perimeter 81 has successfully raised a total of $159.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in June 2022. 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 5
- Last Round Series C — $100.0M
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First Round
First Round
(26 Mar 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series C - Perimeter 81 | Valuation | B Capital | |
| Aug, 2020 | Amount | Series B - Perimeter 81 | Valuation | Insight Partners |
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| Mar, 2020 | Amount | Series A - Perimeter 81 | Valuation | Toba Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Perimeter 81
Perimeter 81 has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Check Point Software, SonicWALL and Ion AM. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Stage-agnostic investments are conducted by Toba Capital in US companies.
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Founded Year | Domain | Location | |
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Investments are directed toward pre-seed to Series C technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Perimeter 81
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Perimeter 81
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Perimeter 81 Comparisons
Competitors of Perimeter 81
Perimeter 81 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 Netskope, Cradlepoint, Aryaka Networks, Cato Networks and ZTE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud security solutions are delivered for enterprise visibility and protection.
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Unified SASE solutions are delivered for enterprise connectivity and security.
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| domain | founded_year | HQ Location |
Cloud network security management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Enterprise SD WAN network management solutions are provided globally.
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| domain | founded_year | HQ Location |
SASE network security solutions are delivered through cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Perimeter 81
Frequently Asked Questions about Perimeter 81
When was Perimeter 81 founded?
Perimeter 81 was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Perimeter 81 located?
Perimeter 81 is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Perimeter 81?
Amit Bareket is the current CEO of Perimeter 81. They have also founded this company.
Is Perimeter 81 a funded company?
Perimeter 81 is a funded company, having raised a total of $159.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Mar 26, 2019.
How many employees does Perimeter 81 have?
As of Jul 17, 2023, the latest employee count at Perimeter 81 is 250.
What does Perimeter 81 do?
Perimeter 81 was founded in 2018 in New York, United States, within the cybersecurity sector. Network security solutions are offered, encompassing VPN services that encrypt traffic, deploy private servers, manage activities, distribute global IP addresses, and support geo-targeting alongside quality assurance. Software-defined perimeter solutions are also provided for cloud migration security, least-privilege access, and secure cloud environments. Products are delivered via subscription model.
Who are the top competitors of Perimeter 81?
Perimeter 81's top competitors include Cradlepoint, Netskope and Cato Networks.
Who are Perimeter 81's investors?
Perimeter 81 has 9 investors. Key investors include Check Point Software, SonicWALL, Ion AM, Insight Partners, and Toba Capital.
What is Perimeter 81's valuation?
The valuation of Perimeter 81 is $1B as of Jun 2022.