Our firm represented Perimeter 81 Ltd. in its Series B financing round and secondary sale led by Insight Partners, for the amount of over $ 40 million at a pre-money valuation of US$ 160 million.
Perimeter 81 develops and provides one of the world’s leading Secure Access Service Edge (SASE) platforms, which is fast developing into the global standard for secure remote connectivity for organizations. The COVID-19 crisis and the need for secure remote working capabilities have led to a growing demand for Perimeter 81’s services, and the current round is the most recent of three rounds of fundraising carried out in the past eight months, each representing significant leaps in the company’s valuation.
Perimeter 81 is represented by partner Shlomo Landress together with senior associate Dan Fisher.
