Deutsche Telekom, Salesforce Back Information Security Startup PerimeterX

PerimeterX develops a system that identifies and blocks malicious bots to prevent the spread of fake news as well as phishing and fraud attempts

 

San Mateo, California-headquartered information security startup PerimeterX Inc. has raised an additional sum of $14 million from Deutsche Telekom Capital Partners Management GmbH and Salesforce Ventures, PerimeterX announced Wednesday. The additional funding brings the company’s C round, first announced in February, to $57 million and the company’s total equity raised to date to $92 million.

 

Founded in 2014 by three Israeli expats, PerimeterX develops a system that identifies and blocks malicious bots to prevent the spread of fake news as well as phishing and fraud attempts. The company currently employs a team of 160 people in Tel Aviv, London, and the U.S.

PerimeterX's team. Photo: Liat Mandelקרדיט: ליאת מנדל

PerimeterX intends to use the funds to expand its presence in Europe and in 2020 the company expects to enter the Asian and Latin American markets, PerimeterX Co-Founder and CEO Omri Iluz said in a Tuesday interview with Calcalist.