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The Gately Report: Perimeter 81 Set to 'Explode' in UK with MSP Partners, Texting Latest Vehicle for BEC Attacks

The global CASB market is set for massive growth through 2031.

Edward Gately

December 9, 2022

13 Slides

Perimeter 81 has set its sights on massive growth in the United Kingdom, and is counting on MSP partners and other partners to lead the charge.

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Perimeter 81’s Gary Read

The-Gately-Report-logo-300x200.jpgThat’s according to Gary Read, Perimeter 81’s director of channel partner sales in the United Kingdom. The Israel-based company hired him recently to spearhead further growth in the United Kingdom. That includes bringing more MSP partners to Perimeter 81.

Perimeter 81 is a security service edge (SSE) and zero trust network access (ZTNA) provider. In June, it announced its valuation had reached $1 billion. That’s after completing a $100 million Series C funding round led by B Capital.

Participating investors include Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital and publicly traded Spring Ventures. The financing will accelerate Perimeter 81’s growth, hiring and development. The company has more than doubled its annual recurring revenue (ARR) year over year.

Perimeter 81’s platform enforces a zero trust architecture, which became a federal strategy in the United States this year following President Biden’s executive order on improving the nation’s cybersecurity.

Local Representation in the UK

The United Kingdom does represent a new area for Perimeter 81, but not brand new, Read said.

“We’ve already had partners and customers utilizing Perimeter 81 over the last four years,” he said. “But as a result of the continued demand and enquiries that we see from partners and customers in the region, one of the key requirements that many of our key clients have asked for is local representation. So to
continue to fulfil those needs, we’ve deployed people like myself and my colleague Richard Leigh (channel partner manager), who will cover the north of the country.”

Perimeter 81’s end-to-end cybersecurity technologies integrate with cloud providers such as Microsoft Azure, Google Cloud and Amazon Web Services (AWS). Perimeter 81 serves hybrid clients in various industries, including finance, health care, technology, retail, insurance, education and more.

Scroll through our slideshow above for a Q&A with Read and more cybersecurity news.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.

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About the Author(s)

Edward Gately

Senior News Editor, Channel Futures

As news editor, Edward Gately covers cybersecurity, new channel programs and program changes, M&A and other IT channel trends. Prior to Informa, he spent 26 years as a newspaper journalist in Texas, Louisiana and Arizona.

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