Algosec
Company

Last deal

$36M

Amount

Venture - Series Unknown

Stage

03.01.2018

Date

1

all rounds

$36M

Total amount

date founded

Financing round

General

About Company
Algosec automates and orchestrates network security policy management and business applications while ensuring security compliances.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2003

founders

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Algosec offers a business-driven security management software that automates and simplifies security policy management across virtual, cloud, and physical environments. Its software can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero-touch across their cloud, SDN and on-premise networks. The company's customers are from various industries such as financial services, telecom, utilities and energy, security service providers, technologies, healthcare and pharmaceuticals, retail and manufacturing, transportation, and entertainment. Algosec provides security policy change management, security policy risk mitigation, firewall auditing and compliance, hybrid cloud security, data center and application migration, and firewall management.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
1
1

Number of Funding Rounds

$36M

Money Raised

Their latest funding was raised on 03.01.2018. Their latest investor Claridge Israel. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Claridge Israel

Claridge Israel

Claridge Israel is a tech-focused investment firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Herzliya, Israel

count Of Investments

12

count Of Exists

1
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Venture - Series Unknown
Claridge Israel

Claridge Israel

Claridge Israel is a tech-focused investment firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Herzliya, Israel

count Of Investments

12

count Of Exists

1
Rami Hadar

Rami Hadar

Rami Hadar is the Managing Partner at Claridge Israel.

current job

Claridge Israel
Claridge Israel
Oded Tal

Oded Tal

current job

Claridge Israel
Claridge Israel
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Prevasio acquired by Algosec

Prevasio acquired by Algosec

acquirer

Algosec
Algosec

date

06.12.2022

type

Acquisition
Prevasio

Prevasio

Prevasio offers next-gen Cloud Security with vulnerability and anti-malware scans for docker containers.

Sector

Electronic and Electrical Equipment

Subsector

Control and Filter

Location

Sydney NSW 2000, Australia

total rounds

3

total raised

$1.07M

People

Founders
1
Yuval Baron
Yuval Baron

Yuval Baron

Chairman, CEO & Co-Founder of Algosec.

current job

Algosec
Algosec

Yuval Baron

Employee Profiles
76
Jeremiah Cornelius

Jeremiah Cornelius

Technical Leader - Alliances & Partners

Doug Beasley

Director of strategic alliances

Chris Thomas

Chris Thomas

Chief Revenue Officer

Ilan Erez

Ilan Erez

CFO & General Manager

Avi Hein

Marketing writer

Malcom Sargla

Regional sales engineer

Amichai Herman

Director of cloudflow development, r and d

Adi Garty

Automation engineer

Activity

Recent News
2
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range