PerimeterX picks up $57m of growth capital

Feb 25, 2021 • Jordan Williams

Deutsche Telekom and other investors have helped the cybersecurity software developer achieve $144m of total funding.

US-based cybersecurity software developer PerimeterX secured $57m of funding on Tuesday from investors including Deutsche Telekom Capital Partners (DTCP), a vehicle backed by telecommunications firm Deutsche Telekom.

Asset manager AllianceBernstein led the round, which was filled out by Stereo Capital, JS Capital, Golden Arc Capital, Adams Street Partners, Canaan Partners, Scale Venture Partners and Vertex Ventures US.

PerimeterX provides a software-as-a-service platform used by enterprise customers to protect online applications from cyber threats. The company’s product range enables users to…

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