The SonicWall-backed cybersecurity software provider boosted its overall funding to $65m in a round led by Insight Partners.

Perimeter 81, an Israel-based network security software provider backed by cybersecurity software producer SonicWall, closed a $40m series B round on Tuesday led by growth equity firm Insight Partners.

Founded in 2018, Perimeter 81 has created a cloud software platform intended to take over from hardware-based network security systems, helping businesses control access to its IT network.

The funding will support the company’s growth as it seeks to increase headcount on its sales, marketing and research and development teams. It…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.