Security News > 2020 > March > Perimeter 81 raises $4.5M to accelerate cloud-agnostic network security offerings market adoption

Perimeter 81 simplifies network security for the modern and increasingly remote and mobile workforce.

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.

"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.

"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.

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