Security News > 2020 > August > SASE Provider Perimeter 81 Raises $40 Million
Secure Access Service Edge and Network-as-a-Service solutions provider Perimeter 81 has closed a $40 million Series B funding round that brings the total raised by the company to $65 million.
The company also provides endpoint security, along with user and branch internet security and branch interconnectivity.
The SASE platform that Perimeter 81 announced in February this year combines the company's existing NaaS offering with SonicWall cloud security capabilities, to deliver the necessary networking and security tools in one product.
Since 2018, the company claims it has seen a 400% year-over-year growth in annual revenue, courtesy of high demand for its products across all major geographies.
The new funds, the company says, will help it fuel growth and accelerate hiring and development.