Perimeter 81
CybersecurityIsrael
New to Unitard
🤝 Acquired
Peak $1 BillionToday
~-50%
from peak
- 🦄Became a unicorn2022
- 📈Peak valuation$1 Billion ’22
- 💔Became a Unitard2023
- 💸Last valuation~$500M
Current status
Check Point $490M (2023)
The rise & fall
5 moments · 2018–2023The key moments, with employee sentiment along the way.
2018
2018
Founded in Tel Aviv
Amit Bareket and Sagi Gidali spin a zero-trust networking idea out of their consumer VPN startup, SaferVPN.
TechCrunch
2022
2022
Unicorn at the peak: $1B$1B
A $100M Series C values the SASE platform at $1B just as the cybersecurity funding wave crests.
TechCrunch
2023
2023
The venture window tightens
Late-stage cybersecurity funding dries up in the downturn, pushing subscale SASE vendors toward consolidation.
SecurityWeek
2022–24
From the inside · Glassdoor reviews, 2022–24
Glassdoor reviews stayed mostly upbeat on culture, though employees noted below-market pay as the economy softened in late 2022. After the Check Point deal closed, longtime staff said the startup feel gave way to a heavier corporate environment, the original company fading inside it.
Aug 2023
Aug 2023
Acquired by Check Point for ~$490M$490M
The deal lands at about half the peak valuation, one year after the unicorn round proved to be the top.
SecurityWeek
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Perimeter 81 was an Israeli cybersecurity company offering cloud-based secure network access (SASE/zero-trust), reaching unicorn status with a ~$1B valuation in 2022. As the funding environment tightened, it was acquired by Check Point Software in 2023 for under $500 million, below its peak.
Source: SecurityWeek; Check Point acq. $490M, Aug 2023
Founders
- Amit Bareketco-founder & CEO
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
