PerimeterX Secures $14M; Extends Series C to $57M

perimeterxPerimeterX, a San Mateo, CA-based company that protects websites and mobile applications from malicious activities, secured $14m as an extension of its Series C funding round.

The round brings the total amount of capital raised to $91.5m.

Deutsche Telekom Capital Partners (DTCP) and Salesforce Ventures joined Scale Venture Partners who led the round, along with Adam Street Partners, Canaan Partners, Vertex Ventures and Data Collective (DCVC).

The company intends to use the funds to speed up the expansion of its product portfolio.

Led by Omri Iluz, co-founder and CEO, Perimeterx is a provider of application security solutions which detect risks to web applications and proactively manage them. The suite includes:

  • PerimeterX Bot Defender, a bot mitigation solution that safeguards modern web and mobile applications, and APIs.
  • PerimeterX Code Defender, a web application security solution that can effectively stop Magecart and other supply chain attacks.
  • PerimeterX Page Defender, a client-side browser malware protection solution that blocks unwanted ads and scripts from redirecting web visitors.

The company’s platform provides common services including behavior-based analytics, sensors, detectors and enforcers as well as a user-friendly portal and actionable reporting. The portfolio is compatible with existing infrastructure including cloud services and content delivery network (CDN) solutions, and is completely software-based and can be deployed anywhere.



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