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PerimeterX's mission is to empower customers to grow their digital businesses with a portfolio of application security solutions that keep their consumers and brands secure.
The cybersecurity market is going through a period of immense growth, drawing record amounts of venture funding as ransomware, data breaches and bot attacks accelerate. However, with the overall economy going through turbulence, there have been a number of high profile mergers and acquisitions in the tech industry as companies look to safeguard their market positions.
PerimeterX is also heading down this path, having recently merged with Human Security, which was itself acquired by Goldman Sachs’ merchant banking division, ClearSky Security, and NightDragon in 2020.
Considering that both companies focus heavily on preventing bot and automated fraud attacks, it’s a merger that makes a lot of sense. In addition to this, the fact that Goldman Sachs is in the picture should offer it plenty of financial protection in the event of any future economic turmoil.
Kirsty
Company Specialist at Welcome to the Jungle
Feb 2021
$57m
LATE VC
Sep 2019
$14m
SERIES C
This company has top investors
Tamer Hassan
(CEO (HUMAN Security, Inc))Was HUMAN's co-founding CTO from 2012 - 2019 before becoming CEO. Prior to this they founded Big Data analytics company Compel Data Technologies, Inc. Former US Air Force Officer & Pilot.
Omri Iluz
(President and GM, Enterprise Security)Co-founded PerimeterX in 2014 and served as CEO until the company merged with Human. Was previously Senior Director of Business Development.
Ido Safruti
(CTO)Co-founded PerimeterX and was CTO until the Human merger, where they now have the same role. Previously Senior Director of Product Management at Akamai Technologies.