Perimeter 81 raises $100 million to accelerate product development

Perimeter 81 is valued at $1 billion after completing this week a $100 million Series C funding round led by B Capital. Participating investors include Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital, and publicly-traded Spring Ventures. The financing will support Perimeter 81’s further disruption of the network security market by accelerating the company’s rapid growth, hiring, and development. The company has more than doubled its annual recurring revenue (ARR) year over year. Network … More →

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