Perimeter 81, a Tel Aviv, Israel-based Secure Access Service Edge (SASE) provider, completed a $4.5m Series A extension round.
The round, which brings the company’s total funding to $19.5m raised in under twelve months, was led by Toba Capital, with participation from existing investors.
The company intends to use the funds to accelerate the development and go-to-market strategy of its cloud-agnostic Zero Trust Secure Network as a Service.
Founded by two IDF elite intelligence unit alumni, CEO Amit Bareket and CPO Sagi Gidali, Perimeter 81 simplifies network security for the remote and mobile workforce. Its user-centric Secure Network as a Service enables businesses to secure access to local network resources, cloud environments, and business applications using a cloud service. Since its 2018 inception, the company has gained immediate market traction and acquired more than 620 clients — including Fortune 500 companies and some of the most prominent organizations in government, entertainment, technology and AI.