About Permeo
Permeo is a Technology company based in Austin (United States) founded in 2001, and was acquired by Blue Coat in January 2006. SSL VPN access for remote applications from endpoints is enabled. Permeo has raised $15 million across 2 funding rounds from investors including Blue Coat, Sierra Ventures and Austin Ventures. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Network Security and VPN. Its competitors include Array Networks, NetMotion and OpenVPN; 2 of its 3 listed competitors have raised funding.
Company details
Permeo provided a VPN for endpoint access, security, and information protection solution to the organizations. The product Permeos Base5 is an SSL VPN appliance for a remote access that extended internal corporate applications to remote employees, partners, and customers. Features included protection against keyloggers, malware, access control, and restricted modifications, download, and print. Formerly a subsidiary of NEC USA and acquired by Blue Coat Systems on Jan 2006 to extend its capabilities to deliver remote secure access to endpoints by combining the VPN with its existing proxy appliances.
- Headquarters Austin, United States
- Stage Acquired
- SectorsTechnology
- Website permeo.com
- Social LinkedIn
- Acquired by Blue Coat (Jan 2006)
Funding Insights of Permeo
Permeo has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2005. 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 $15M
- Total Rounds 2
- Last Round Series A — $3M
- First Round $12M
(Jun 2003)
- Investors Count 2
All 2 funding rounds of Permeo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2005 | $3M | Series A | – | – | – |
| Jun 2003 | $12M | Series A | – | Sierra Ventures |
3 investors in total: 3 institutional.
Investors in Permeo
Permeo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Blue Coat, Sierra Ventures and Austin Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | sierraventures.com | |||
Venture capital investments in Texas-based companies. | austinventures.com | |||
Enterprise security solution suite | 1996 | bluecoat.com | Sunnyvale, United States |
Investor details for Permeo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Permeo
4 dated milestones of Permeo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Permeo is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series A, of $3.0M.
- Exit Acquired by Blue Coat.
Competitors of Permeo
Permeo has 3 listed competitors in our database, 2 of them funded. They include Array Networks, NetMotion and OpenVPN.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arraynetworks.com | 2000 | Milpitas, United States | $38.6M | Network Functions Virtualization platform provider | ||
| netmotionsoftware.com | 2001 | Seattle, United States | $24.74M | 140 | Mobile security and enterprise VPN solutions are offered by NetMotion. | |
| openvpn.net | 2002 | Pleasanton, United States | 45 | Secure VPN software and scalable network services are provided. |
Detailed competitors of Permeo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Permeo (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Frequently Asked Questions about Permeo
Permeo was founded in 2001 and raised its 1st funding round 2 years after it was founded.
Permeo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Permeo is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Jun 2003.
Permeo provided a VPN for endpoint access, security, and information protection solution to the organizations. The product Permeos Base5 is an SSL VPN appliance for a remote access that extended internal corporate applications to remote employees, partners, and customers. Features included protection against keyloggers, malware, access control, and restricted modifications, download, and print. Formerly a subsidiary of NEC USA and acquired by Blue Coat Systems on Jan 2006 to extend its capabilities to deliver remote secure access to endpoints by combining the VPN with its existing proxy appliances.
Permeo's top competitors include Array Networks, OpenVPN and NetMotion.
Permeo has 3 investors. Key investors include Blue Coat, Sierra Ventures, and Austin Ventures.
Yes. Permeo was acquired by Blue Coat in January 2006.