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New Deal


Announced

Completed

B Capital led a $100m Series C round in Perimeter 81.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Completed

Private Equity

Friendly

Minority

IT Services: Other

network security

Israel

Private

Venture Capital

Single Bidder

Acquisition

cybersecurity

Synopsis

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B Capital, a multi-stage global investment firm, led a $100m Series C round in Perimeter 81, a security service edge and zero trust network access provider, with participation from B Capital, Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital, Spring Ventures. “The rise of remote work, cloud adoption, fiber, and 5G has created a fundamental shift in the network security landscape, leading companies to replace their on-premises network and security appliances with a secure corporate network over the internet. B Capital and other investors embrace our vision to deliver holistic security that is purpose-built for a cloud-first, distributed workforce and share our belief that a secure corporate network over the internet transcends the traditional office environment and is the way of the future,” Amit Bareket, Perimeter 81 Co-Founder and CEO.

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