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Perimeter 81
Network-as-a-Service designed to secure network for the modern and distributed workforce
About Perimeter 81
Perimeter 81 is a network security company, now part of Check Point and named "Harmony SASE", that provides a converged networking and security platform based on a zero-trust architecture. The company was founded in 2018 by Amit Bareket and Sagi Gidali, who met as computer science students at Tel Aviv University. Their journey began with a shared passion for network security, leading them to first create SaferVPN in 2013, a consumer-focused VPN service, which they sold in 2019. The infrastructure developed for SaferVPN served as the foundation for Perimeter 81. Bareket, the CEO, previously worked as a software engineer and served in the IDF's elite cyber intelligence Unit 81, which inspired the company's name. Gidali, the CGO, has a background in user experience and also served in an elite IDF visual intelligence unit. The company's goal was to address the complexities and security gaps of legacy solutions like VPNs and firewalls, especially with the rise of remote work and cloud computing.
The firm operates on a subscription-based Software-as-a-Service (SaaS) model, generating recurring revenue from its clients which range from small and medium-sized businesses to Fortune 500 companies. The business targets a market that requires secure remote access for a distributed workforce, connecting users to resources located on-premises or in the cloud. The platform is designed for rapid deployment, enabling businesses to establish a secure corporate network over a private global backbone within minutes, without requiring hardware. Management is centralized through a unified cloud-based console.
The core of Perimeter 81's offering is a Security Service Edge (SSE) platform that unifies several key security functions. Its product suite includes Zero Trust Network Access (ZTNA), which replaces traditional VPNs by granting access based on role and context, Firewall as a Service (FWaaS), and a Secure Web Gateway (SWG) for internet access control and malware protection. Other features include device posture checks, multi-factor authentication, single sign-on integration, and detailed activity auditing. The platform provides end-to-end encryption and allows for network segmentation to enforce least-privilege access. A significant milestone was its acquisition by Check Point in September 2023 for approximately $490 million. This strategic acquisition was aimed at integrating Perimeter 81's capabilities into the Check Point Infinity architecture to deliver a comprehensive SASE solution.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2018
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 96
- Open positions
- None listed
- Dealroom signal
- 66.5/100
- Industry
- Security, Enterprise Software
- Sub-industry
- Data protection, Cloud & Infrastructure
- Sector
- Cloud Security, Network Security, Cybersecurity, From Unicorn to Zebra (But No $1B Exit)
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2023 | $490M | $490M | Check Point | ↗ |
| SERIES COther financing | Jun 2022 | $100M | $1B | Toba Capital · Insight Partners · Entrée Capital · ION Crossover Partners | ↗ |
Growth signals
Latest recorded traffic for Perimeter 81 is 280K monthly website visits, up 3.7% over the last three months. Perimeter 81's team declined 18.6% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Spring Ventures
SonicWall
Toba Capital
Insight Partners
Series B and later3 investors entered at this stage
B Capital
Entrée Capital
ION Crossover Partners
Other known investors1 additional known investor
Check Point
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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