Secured Network Startup Perimeter 81 Raises $10 Million

Tel Aviv-based secured network startup Perimeter 81, registered as Safer Social Ltd., has raised a $10 million funding round, the company announced Thursday. The round was led by California-based network security company SonicWALL LLC with participation from Spring Ventures and additional private investors. Perimeter 81 has raised $17 million to date.

Founded in 2013, Perimeter 81 develops a private, cloud-based firewall and secured network for businesses. The company currently employs 52 people in Tel Aviv and New York.

The company intends to use the funding to expand its team and its product offering.