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.
- Website
- www.algosec.com/
- 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
9th among 154 active competitors
Employee Count
63 as on Dec 31, 2021
Investment & Acquisitions
Legal entities associated with AlgoSec
AlgoSec is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALGOSEC INDIA LLP CIN: AAO-2722 , India, Active | Feb 14, 2019 | - | - | |
ALGOSEC, INC. CIN: 460523032 , United States, Active | Dec 31, 1999 | - | 82 (As on Dec 31, 2024) | - |
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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 |
View details of AlgoSec's funding rounds and investors
AlgoSec's founders and board of directors
Founder? Claim ProfileThe founders of AlgoSec are Avishai Wool and Yuval Baron.
Here are the details of AlgoSec's key team members:
- Avishai Wool: Co-Founder of AlgoSec. Contact Info: 1 email address
- Yuval Baron: Co-Founder & CEO of AlgoSec. Contact Info: 1 email address
View details of AlgoSec's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spirent 1936, Crawley (United Kingdom), Acquired | Provider of automated testing and assurance solutions for networks and security | - | 66/100 | |
2nd | Aruba Networks 2002, Sunnyvale (United States), Acquired | Provider of edge-to-cloud solutions including networking, security, and AI operations | $86.5M | 66/100 | |
3rd | Provider of AI-powered cybersecurity solutions embedded directly into device firmware | $225M | 59/100 | ||
4th | Cloud based platform offering network management software | - | 59/100 | ||
5th | GFI 1992, Austin (United States), Acquired | Provider of network, security, and communication software solutions for businesses | $78M | 59/100 | |
6th | Secret Network 2020, Chicago (United States), Series C | Cloud and blockchain based data privacy platform for Web 3 | $412M | 58/100 | |
7th | OneLayer 2021, Boston (United States), Series A | Enterprise grade security solutions for private networks | $42.7M | 57/100 | |
8th | Fire-wall based network security solutions | $8M | 55/100 | ||
9th | Vulnerability assessment and management | $36M | 55/100 | ||
10th | Network security and threat management solutions for enterprises | $10.3M | 53/100 |
Looking for more details on AlgoSec's competitors? Click here to see the top ones
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
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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AlgoSec Security Management Solution A33.20 Enhances Hybrid Network SecurityGlobeNewswire•Jan 22, 2026•AlgoSec
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Arrow Electronics and AlgoSec Expand Distribution Deal to Ireland and UKBusinessplus•Oct 24, 2025•Arrow Electronics, AlgoSec
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AlgoSec's Horizon Platform Fuels Company Growth and Global AccessibilityGlobeNewswire•Sep 09, 2025•AlgoSec
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AlgoSec Launches New Security Management Solution A33.10 with Enhanced Visibility and ComplianceGlobeNewswire•May 20, 2025•AlgoSec
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AlgoSec's 2025 Network Security Report: Zero-Trust, Multi-Cloud TrendsGlobeNewswire•Apr 03, 2025•AlgoSec
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