Secured Network Startup Perimeter 81 Raises $4.5 Million

Perimeter 81 develops a private, cloud-based firewall and secured network for businesses

Tel Aviv-based secured network startup Perimeter 81, incorporated as Safer Social Ltd., has raised $4.5 million as an extension of its series A round, the company announced Wednesday. The new investment was led by U.S.-based early stage investment firm Toba Capital LLC with participation from existing investors. The investment brings the company's total funding to date to $19.5 million.

Perimeter 81 co-founders Amit Bareket and Sagi Gidali. Photo: Nadav Cohen Jonathan

 

Founded in 2013, Perimeter 81 develops a private, cloud-based firewall and secured network for businesses. Parameter 81 intends to use the funding for product development, the company said.