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AlgoSec - About the company

AlgoSec is a series B company based in Petah Tikva (Israel), founded in 2003 by Avishai Wool and Yuval Baron. It operates as a Vulnerability assessment and management. AlgoSec has raised $36M in funding. The company has 154 active competitors, including 30 funded and 36 that have exited. Its top competitors include companies like Spirent, Aruba Networks and Exein.

Company Details

AlgoSec is a provider of security policy management. The AlgoSec Suite of products automates management of complex policies across firewalls, routers, switches, secure web gateways and more. The latest version of the AlgoSec Security Management Suite includes integration with QualysGuard Vulnerability Management (VM) to aggregate and score vulnerabilities associated with data center applications and their associated physical or virtual servers.
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Registered Address
S Yarmouth,Massachusetts
Key Metrics
Founded Year
2003
Location
Petah Tikva, Israel
Stage
Series B
Total Funding
$36M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
63 as on Dec 31, 2021
Investment & Acquisitions
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AlgoSec's funding and investors

AlgoSec has raised a total funding of $36M over 1 round. Its latest funding round was a Series B round on Jan 03, 2018 for $*****. 1 investor participated in its latest round. AlgoSec has 1 institutional investor.

Here is the list of recent funding rounds of AlgoSec:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 03, 2018
4197018
Series B
8459347
5153461
2109594
5586946
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AlgoSec's founders and board of directors

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The founders of AlgoSec are Avishai Wool and Yuval Baron.
Here are the details of AlgoSec's key team members:

AlgoSec's employee count trend

AlgoSec has 63 employees as of Dec 21. The total employee count is 9.0% more than what it was in Dec 20. Here is AlgoSec's employee count trend over the years:
Employee count trend for AlgoSec
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AlgoSec's Competitors and alternates

Top competitors of AlgoSec include Spirent, Aruba Networks and Exein. Here is the list of Top 10 competitors of AlgoSec, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spirent
Spirent
1936, Crawley (United Kingdom), Acquired
Provider of automated testing and assurance solutions for networks and security
-
66/100
2nd
Logo for Aruba Networks
Aruba Networks
2002, Sunnyvale (United States), Acquired
Provider of edge-to-cloud solutions including networking, security, and AI operations
$86.5M
66/100
3rd
Logo for Exein
Exein
2018, Rome (Italy), Series C
Provider of AI-powered cybersecurity solutions embedded directly into device firmware
$225M
59/100
4th
Logo for Allot
Allot
1996, Hod Hasharon (Israel), Public
Cloud based platform offering network management software
-
59/100
5th
Logo for GFI
GFI
1992, Austin (United States), Acquired
Provider of network, security, and communication software solutions for businesses
$78M
59/100
6th
Logo for Secret Network
Secret Network
2020, Chicago (United States), Series C
Cloud and blockchain based data privacy platform for Web 3
$412M
58/100
7th
Logo for OneLayer
OneLayer
2021, Boston (United States), Series A
Enterprise grade security solutions for private networks
$42.7M
57/100
8th
Logo for Tufin
Tufin
2004, Ramat Gan (Israel), Acquired
Fire-wall based network security solutions
$8M
55/100
9th
Logo for AlgoSec
AlgoSec
2003, Petah Tikva (Israel), Series B
Vulnerability assessment and management
$36M
55/100
10th
Logo for Cyberoam
Cyberoam
1999, Ahmedabad (India), Acquired
Network security and threat management solutions for enterprises
$10.3M
53/100
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AlgoSec's Investments and acquisitions

AlgoSec has acquired Prevasio. AlgoSec has not made any investments as of now.

Reports related to AlgoSec

Here is the latest report on AlgoSec's sector:

News related to AlgoSec

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Media has covered AlgoSec for a total of 12 events in the last 1 year, 9 of them have been about company updates and 2 about partnerships.
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