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Perimeter 81 Closes $4.5M Series A Extension Round to Further Accelerate Market Adoption of Cloud-Agnostic Network Security Offerings
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Latest Investment Led by Toba Capital Brings Network Security Disruptor  and Emerging SASE Leaders’ Total Funding to $19.5M in Less Than One Year

TEL AVIV, Israel, March 11, 2020Perimeter 81, a leading Secure Access Service Edge (SASE) provider, announced today that it has completed a $4.5 million Series A extension round, bringing the company’s total funding to $19.5 million raised in under twelve months. The round was led by Toba Capital, a US-based early-stage investment firm focused on high-growth technology companies. Existing investors also participated. The financing will help support Perimeter 81’s rapid growth and accelerate the development and go-to-market strategy of its holistic, cloud-agnostic Zero Trust Secure Network as a Service.

Perimeter 81 simplifies network security for the modern and increasingly remote and mobile workforce. Since its 2018 inception, the company has emerged as a SASE leader and grew 450% in 2019. Named a Deloitte Technology Fast 500™ for EMEA and a Gartner Cool Vendor, Perimeter 81 has gained immediate market traction and quickly acquired more than 620 clients — including Fortune 500 companies and some of the most prominent organizations in government, entertainment, technology and AI.

“Legacy network infrastructure has proven unable to support the modern security requirements of the modern workforce, creating a global need for unified security and network platforms that are cloud-based and easy to use,” said Perimeter 81 CEO and Co-Founder Amit Bareket.  “As corporations of all sizes increasingly work in remote environments and rely upon the cloud to run their businesses, they need new ways of consuming security to effectively prevent cyber-attacks regardless of their location or network environment. The investment from Toba Capital will enable Perimeter 81 to grow even faster, add additional security features and fulfill our vision to fully bring network security into the cloud.”

Perimeter 81’s user-centric and highly intuitive Secure Network as a Service enables businesses to more easily secure access to local network resources, cloud environments, and business applications using a 100% cloud service. Over the next few months, Perimeter 81 will add user and branch internet security, branch interconnectivity and endpoint security to its offering. In February 2020, the company unveiled a new Secure Access Service Edge (SASE) platform that combines its Network as a Service offering with advanced cloud security capabilities licensed from SonicWall.

“Rapid, global adoption of the cloud and widespread employee mobility are driving a radical transformation of security infrastructure including the replacement of traditional firewalls and unification of network and security services under a single SaaS and cloud-based platform,” said Vinny Smith, Managing Partner, Toba Capital. “Perimeter 81 is at the forefront of this shift to deliver an innovative and consolidated network security platform that simply and securely connects employees to their company’s resources and to the Internet. In the past year, they’ve met and exceeded several strategic milestones and Toba Capital looks forward to supporting their continued growth and market adoption here in the U.S.”

About Perimeter 81

Perimeter 81 is a Zero Trust Secure Network as a Service that is simplifying network security for the modern and distributed workforce. Based in Tel Aviv, the heart of the startup nation and a global hub for innovative technology development, Perimeter 81 was founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali. Perimeter 81’s clients range from small businesses to Fortune 500 corporations across a variety of sectors, and its partners are among the world’s foremost integrators, managed service providers and channel resellers. Earlier last year, Gartner selected Perimeter 81 as a Cool Vendor in Network and Cyber-Physical Systems Security. For more information, visit www.perimeter81.com

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Perimeter 81 Disrupts Traditional Network Security; Partners with SonicWall on New SASE Platform
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Integrated Cloud and Service-Based Solutions Redefine the Future of Network Security Without Traditional Perimeters

TEL AVIV, Israel–(BUSINESS WIRE)–Perimeter 81, a leading Zero Trust network provider for enterprises and organizations, today announced a new Secure Access Service Edge (SASE) platform that combines its Network as a Service offering with advanced cloud security capabilities from SonicWall, a Francisco Partners portfolio company. The integrated, cloud-native platform will deliver Zero Trust access to internal resources, user and branch internet security, branch interconnectivity and endpoint security.

Identified by Gartner as one of the most promising emerging technologies in enterprise networking, SASE is a cloud-native architecture model that supports dynamic secure access to organizational assets by combining multiple network technologies delivered as a service, including Secure Web Gateway, Cloud Access Security Broker, Firewall-as-a-Service (FWaaS) and Zero Touch Network Access with WAN capabilities (i.e., SDWANaaS).

In November 2019, Perimeter 81 partnered with SonicWall to integrate its security services features, including Content Filtering, Application Control, Intrusion Prevention System (IPS), File Sandboxing, Real-Time Deep Memory InspectionTM (RTDMI), antivirus and more, to create one of the strongest SASE offerings in the network security space. Perimeter 81 will be launching Web Filtering and DNS Filtering in Q1 and, with SonicWall, will gradually roll out security features to customers throughout 2020, starting with FWaaS. Additional functionalities, such as SaaS security and Endpoint Protection Platform, will be introduced later in the year.

By integrating SonicWall’s Capture Cloud Platform and real-time breach detection and prevention technologies, the Perimeter 81 SASE platform provides organizations with a holistic and unified security solution to authenticate and consume their network and security needs across all enterprise edges. Businesses can connect to a single secure network and gain access to physical and cloud resources no matter their location, allowing IT teams to easily access and secure their organization’s networks and users in an agile, easy-to-use, cost-effective and scalable way.

“The consumption of modern network security and cybersecurity solutions needs to fundamentally change. With today’s increasingly distributed and mobile workforce, this paradigm shift begins with replacing the traditional and perimeter-based network model with cloud, cyber and network security platforms,” said Amit Bareket, Co-Founder and CEO of Perimeter 81. “Our partnership with SonicWall and integrated SASE offering is a positive first step towards this market transformation. Companies are seeking solutions that are cloud-native, easy to use and encompass many functionalities in a one-stop-shop. We will deliver a converged cloud-delivered secure access service edge that is needed to effectively serve the secure these access requirements of the digital business.”

“Existing security models are failing to meet the needs of today’s digital business. Organizations are looking to adopt integrated and intelligent networking and security solutions that deliver compute power in the cloud and at the edge,” said Bill Conner, President and CEO of SonicWall. “SonicWall’s advanced cloud security capabilities and Perimeter 81’s innovative secure cloud-based network offerings will allow us to provide the most advanced SASE platform available today and place ourselves, and our customers, at the forefront of an emerging and promising market.”

Perimeter 81 will be showcasing the features of the new SASE platform at RSAC 2020, taking place February 24-28, 2020, at the Moscone Center in San Francisco, CA. To learn more visit booth #1365, or set up a meeting with one of our experts at: https://www.perimeter81.com/start/schedule-meeting-rsa-2020/

About Perimeter 81
Perimeter 81 is a Zero Trust Secure Network as a Service that is simplifying network security for the modern and distributed workforce. Based in Tel Aviv, the heart of the startup nation and a global hub for innovative technology development, Perimeter 81 was founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali. The team of security as a service experts comes together every day to deliver a truly innovative, world-class network security service. Perimeter 81’s clients range from SMB to include Fortune 500 businesses and industry leaders across a wide range of sectors, and its partners are among the world’s foremost integrators, managed service providers and channel resellers. Earlier this year, Gartner selected Perimeter 81 as a “Cool Vendor in Network and Cyber-Physical Systems Security. For more information, visit www.perimeter81.com

About SonicWall
SonicWall has been fighting the cybercriminal industry for over 28 years defending small and medium businesses, enterprises and government agencies worldwide. Backed by research from SonicWall Capture Labs, our award-winning, real-time breach detection and prevention solutions secure more than a million networks, and their emails, applications and data, in over 215 countries and territories. These organizations run more effectively and fear less about security. For more information, visit www.sonicwall.com or follow us on TwitterLinkedInFacebook and Instagram.

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Perimeter 81 Announces $10 Million Funding Round to Expand its Network as a Service Platform; Partners with SonicWall to Add Unified Security Services
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SonicWall and Perimeter 81 signed a mutual OEM agreement to enhance their product offerings in the cybersecurity market by delivering a secured Network as a Service.

TEL AVIV, IsraelNov. 21, 2019 /PRNewswire/ — Perimeter 81, a leading Zero Trust network provider for enterprises and organizations, announced today a $10 million Series A investment round led by SonicWall, a Francisco Partners portfolio company, together with Spring Ventures, and existing investors. Perimeter 81 provides enterprises and organizations with a secure cloud-based network solution. SonicWall equips users with next-generation firewall & Cyber Security solutions. As a result, each company will provide a unified network & security platform that will be a one-stop-shop for network and security offerings as a service.

The companies will integrate SonicWall’s advanced security solutions and Perimeter 81’s matured and innovative Zero Trust Network as a Service solution. Both company’s platforms will offer an easy-to-use “Secure Network as a Service” solution that provides Zero Trust access to internal resources, user and branch internet security, branch interconnectivity and endpoint security in one place.

With cloud and mobility solutions changing the way we work, we are seeing an increasing number of employees working on the go. This is driving a need to shift from a dated site-centric security model to a more cloud user-friendly, service-based platform. Perimeter 81 is one of the only vendors offering a comprehensive set of converged secure network capabilities, delivered and managed from its multi-tenant cloud.

This funding round is the latest move in a year of exponential growth for Perimeter 81. Launched in February 2018, the company has already seen 400% year over year revenue growth, expanding from 180 businesses using Perimeter 81 to 500 in the past eleven months alone. More than 81% of Perimeter 81’s customers use it as their secure corporate network and not only as Zero Trust Access, replacing the need for a VPN.

“As we see greater numbers of companies, from SMBs to enterprises and governments, making the move to a perimeter-less organization largely supported by cloud services, Perimeter 81 has seen tremendous growth,” said Amit Bareket, Co-Founder and CEO of Perimeter 81. “When we created our Network as a Service solution, we made it possible to easily offer security solutions on top of our existing platform. We are excited to partner with SonicWall in order to provide the most advanced Secure Network as a Service available today.”

“We are excited to partner with Perimeter 81. This relationship will allow us to provide a wide range of businesses, from SMBs to Fortune 500s and governments, with our award-winning Capture Cloud Platform and real-time breach detection and prevention solutions, while allowing them to adopt a Zero Trust Security architecture that delivers tremendous efficacy in securing the modern organization,” said SonicWall President and CEO Bill Conner. “Going forward, our customers and partners have choices between on-premise, cloud, and now, Secure Network as a Service all with integrated management within Capture Security Services. We believe this will ensure that our customers continue to fearless.”

About Perimeter 81

Perimeter 81 is a Zero Trust Secure Network as a Service that is simplifying network security for the modern and distributed workforce. Based in Tel Aviv, the heart of the startup nation and a global hub for innovative technology development, Perimeter 81 was founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali. The team of security as a service experts comes together every day to deliver a truly innovative, world-class network security service. Perimeter 81’s clients range from SMB to include Fortune 500 businesses and industry leaders across a wide range of sectors, and its partners are among the world’s foremost integrators, managed service providers and channel resellers. Earlier this year, Gartner selected Perimeter 81 as a “Cool Vendor in Network and Cyber-Physical Systems Security. For more information, visit www.perimeter81.com

About SonicWall

SonicWall has been fighting the cybercriminal industry for over 28 years defending small and medium businesses, enterprises and government agencies worldwide. Backed by research from SonicWall Capture Labs, our award-winning, real-time breach detection and prevention solutions secure more than a million networks, and their emails, applications and data, in over 215 countries and territories. These organizations run more effectively and fear less about security. For more information, visit www.sonicwall.com or follow us on TwitterLinkedInFacebook and Instagram.

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Perimeter 81 Partners with SentinelOne to Deliver Fully Automated, Zero Trust Network Security and Endpoint Protection
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TEL AVIV, IsraelJuly 30, 2019 /PRNewswire/ — Perimeter 81, a pioneer in Zero Trust software-defined network access, has partnered with SentinelOnethe autonomous endpoint protection company. The partnership will provide a wide range of businesses, from midsize companies to Fortune 500s, with unified network and endpoint security, ensuring more effective threat defense for the cloud and mobile-first world.

“We’re proud to have helped hundreds of clients ensure simplified, Zero Trust access to their on-premise and cloud environments with our Zero Trust Network as a Service. Now we would like to create an even greater impact,” said Amit Bareket co-founder and CEO of Perimeter 81. “By partnering with world-class cybersecurity vendors like SentinelOne, we look forward to extending the power of our offering in order to provide a comprehensive set of secure network capabilities: Zero Trust Access, Web Security and Global Interconnectivity. The combination of endpoint security and compliance enabled by this partnership is a crucial part of ensuring holistic protection for the Secure Network as a Service.”

“Perimeter 81 helps organizations adopt a Zero Trust architecture, and the combination of our solutions delivers tremendous efficacy in securing the modern enterprise,” said Daniel Bernard, CMO, SentinelOne. “With SentinelOne’s ability to protect every device across the evolving enterprise network, from standard desktop and laptop to IoT, customers can trust the endpoint security of Zero Trust models.”

The rapid rise of Cloud and Mobility has created a mega-shift in the cybersecurity landscape. By 2020, IDC (International Data Corporation) research has indicated that mobile workers will make up nearly 75% of the US workforce1, and worldwide spending on public cloud computing is expected to reach 162 billion USD2. The sheer number of widely distributed network endpoints and the shift from the static, HQ-centered network to the dispersed, user-centric network, pose new and evolving security challenges for today’s organizations, leaving the traditional, 30-year-old network security appliances obsolete.

Perimeter 81’s award-winning Zero Trust Network as a Service is among the first solutions to provide fully customized and automated secure network infrastructure deployment in one holistic platform. The service seamlessly applies adaptive policies based on device, identity and location, so that only authorized users are granted access to critical corporate resources. The integration with SentinelOne’s next-gen solution, which autonomously defends every endpoint against every type of attack at every stage in the threat lifecycle, ensures that endpoints are fully compliant and protected before they join Perimeter 81’s secure cloud-based network.

To see Perimeter 81 and SentinelOne’s joint collaboration in action, visit the SentinelOne Black Hat Booth (#222, BMR 716) at 12:00 PM on Wednesday, August 7, 2019 or 3:00 PM on Thursday, August 8, 2019 for a live demo and interactive presentation.

About SentinelOne

SentinelOne delivers autonomous endpoint protection through a single agent that successfully prevents, detects, responds, and hunts attacks across all major vectors. Designed for extreme ease of use, the S1 platform saves customers time by applying AI to automatically eliminate threats in real-time for both on-premise and cloud environments and is the only solution to provide full visibility from edge to cloud across the network.

About Perimeter 81

Perimeter 81 is a Zero Trust Network as a Service that has taken the outdated, complex and hardware-based traditional network security technologies, and transformed them into a user-friendly and easy-to-use software solution — simplifying secure network access for the modern and distributed workforce. Founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali, Perimeter 81 serves a wide range of businesses, from midsize to Fortune 500 companies, and has established partnerships with the world’s foremost integrators, managed service providers and channel resellers.

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Perimeter 81 Amplifies Its Global Reach with Ingram Micro Cloud Distribution Agreement
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TEL AVIV, IsraelJuly 23, 2019 /PRNewswire/ — Perimeter 81, a leading provider of software-defined network security solutions, today announced a distribution agreement with Ingram Micro, Inc. to offer its cutting-edge Zero Trust Network as a Service to resellers through the Ingram Micro Cloud Marketplace.

A finalist from Ingram Micro’s Comet Competition in 2018, Perimeter 81 was recently recognized as a Gartner Cool Vendor for “Cyber-Physical Systems and Network Security” and selected by Frost & Sullivan as a Best Practices Award Winner for Software-Defined Access Technology Leadership. Perimeter 81’s Zero Trust Network as a Service is among the first to provide fully customized and automated secure network infrastructure deployment in one holistic platform. The B2B SaaS solution transcends the complex and hardware-based legacy network appliances of the past by seamlessly ensuring secure employee access to critical corporate resources — whether these resources are located on-premises or in the cloud.

“With the rapid rise of telecommuting, personal work devices, and cloud-based services, Perimeter 81’s simplified, software-defined and user-centric approach to network security is a must for today’s modern workforce,” said Sagi Gidali, co-founder and CPO of Perimeter 81. “We want to help as many businesses as possible more easily and efficiently secure their ever-expanding corporate networks and we’re confident that with Ingram Micro’s unparalleled reach and vast expertise in cloud-delivered services, we will greatly advance our efforts to achieve this goal.”

Ingram Micro delivers a full spectrum of global technology and supply chain services to businesses around the world. The Ingram Micro Cloud Marketplace is an ecosystem of buyers, sellers, and solutions that enables channel partners and professionals to purchase, provision, manage and invoice with efficiency, confidence and ease. It removes the complexity in procurement, management and support that is too often inherent in cloud technologies, and enables partners to manage the complete end-customer subscription lifecycle from a single, automated platform that is provided and supported by Ingram Micro.

“Our customers are eager to adopt more manageable and cloud-compatible software security solutions and Perimeter 81 meets this growing demand,” said Michael Kenney, Vice President of Strategy and Corporate Development. “We are excited to broaden the portfolio of cloud services by adding Perimeter 81 to our Cloud Marketplace, which is now being used by more than 55,000 technology partners around the world to manage nearly four million fully-automated seats.”

Some of the highlights of Perimeter 81’s distribution agreement with Ingram Micro include:

  • Resellers can now be at the forefront of a critical cybersecurity market transformation powered by software-defined Security as a Service solutions.
  • For the first time, network managers can leverage a single, multi-tenant platform to build, manage and secure their critical network infrastructures.
  • Through access to Perimeter 81’s Zero Trust Network as a Service, organizations can more easily ensure their valuable on-premises resources, cloud environments and business applications remain fully secured.
  • IT departments can dramatically reduce overhead costs by eliminating the expensive hardware and manual configurations required by legacy solutions.

About Ingram Micro

Ingram Micro helps businesses realize the promise of technology. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. Discover how Ingram Micro can help you realize the promise of technology. More at www.ingrammicro.com.

About Perimeter 81

Perimeter 81 is a Zero Trust Network as a Service that has taken the outdated, complex and hardware-based traditional network security technologies, and transformed them into a user-friendly and easy-to-use software solution — simplifying secure network access for the modern and distributed workforce. Founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali, Perimeter 81 serves a wide range of businesses, from midsize to Fortune 500 companies, and has established partnerships with the world’s foremost integrators, managed service providers and channel resellers. To learn more visit www.perimeter81.com.

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Perimeter 81 Launches Zero Trust Application Access
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TEL AVIV, IsraelJuly 16, 2019 /PRNewswire/ — Perimeter 81, the leading Zero Trust Secure Network as a Service provider, announced today that it has officially unveiled its new cornerstone solution: Zero Trust Application Access. The service is designed to meet the demands of today’s ever-expanding modern network and ensure fully secured, isolated and agentless access to an organization’s critical web applications, secure shell (SSH), remote desktop (RDP), virtual network computing (VNC) and Telnet in an emulated, streamlined and seamless way, regardless of where employees connect.

Zero Trust Application Access employs multiple layers of user trust and device trust policy validation to authorize employees before granting them swift access to applications in a session that is fully audited and can be recorded and monitored. The solution secures the network, employees, and applications using Zero Trust guidelines, and isolates the applications from the network at all times.

“The corporate network we see today is increasingly user-centric rather than site-centric, and with the proliferation of software services like web applications, IT security professionals are dealing with a rapidly increasing attack surface,” said Amit Bareket, Perimeter 81 co-founder and CEO. “Our Zero Trust Application Access solution simplifies the security measures required by these numerous and widely distributed web services with a unified, multi-tenant and holistic platform that provides full visibility, high availability and precise access control based on user and device trust.”

Perimeter 81’s Zero Trust Secure Application Access complements its Zero Trust Network Access solution, which ensures simple, segmented and secure access to any cloud environment or LAN, including all ports and all protocols, through a secure network layer and single-click, cross-platform applications. With Zero Trust Secure Application Access and Zero Trust Network Access, Perimeter 81 is now among the first Networks as a Service to deliver a complete Zero Trust network security platform for both managed and unmanaged devices as a cloud service.

Perimeter 81 plans to follow up today’s launch by adding further cybersecurity services like Web Security and Branch & Cloud Interconnectivity in order to deliver a fully holistic, unified and user-centric Network Security as a Service platform.

“Our ultimate aim is to build a customizable one-stop-shop for networking cybersecurity, in which one platform, one agent, and one cloud network are used to consume multiple cybersecurity solutions,” added Bareket. “The launch of Zero Trust Application Access is a key step in our efforts.”

About Perimeter 81

Perimeter 81 is a Zero Trust Network as a Service that has taken the outdated, complex and hardware-based traditional network security technologies, and transformed them into a user-friendly and easy-to-use software solution — simplifying secure network access for the modern and distributed workforce. Founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali, Perimeter 81 serves a wide range of businesses, from midsize to Fortune 500 companies, and has established partnerships with the world’s foremost integrators, managed service providers and channel resellers.

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