What is Allot?
Allot Ltd. is a global provider of security and network intelligence solutions, serving mobile, fixed, and cloud service providers, as well as enterprises. The company's comprehensive platform, Allot Secure Management, offers a suite of multi-tenant solutions including NetworkSecure, HomeSecure, DNSecure, IoTSecure, BusinessSecure, and EndPoint Secure, alongside Allot Secure Cloud. Allot also provides advanced services like Allot DDoS Secure/5G Protect for attack mitigation and AllotSmart for regulatory compliance. Established in 1996 and headquartered in Hod Hasharon, Israel, Allot markets its offerings through a diverse channel network, including direct sales, distributors, resellers, OEMs, and system integrators, catering to a broad spectrum of clients from telecommunication carriers to financial institutions and governments.
How much funding has Allot raised?
Allot has raised a total of $138.8M across 6 funding rounds:
Series A
$1.5M
Series B
$4.3M
Series C
$7M
Series D
$8M
Stock Offering
$78M
Other Financing Round
$40M
Series A (1998): $1.5M, investors not publicly disclosed
Series B (1998): $4.3M led by Genesis Partners
Series C (2001): $7M supported by Walden Israel Venture Capital and Gemini Israel Ventures
Series D (2004): $8M featuring Tamir Fishman Ventures, Partech Ventures, and Gemini
Stock Issuance/Offering (2007): $78M backed by Lehman Brothers
Other Financing Round (2022): $40M with participation from Lynrock Lake
Key Investors in Allot
Lynrock Lake
Lynrock Lake LP is an SEC-registered investment management firm specializing in a long-term, fundamentally-driven, value-oriented strategy. The firm focuses on corporate credit, convertible bonds, and equities, aiming to deliver value through its strategic investment approach.
Partech Ventures
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar, providing capital, operational experience, and strategic support for entrepreneurs at seed, venture, and growth stages. They invest across multiple continents with over $1.3B in investment capacity.
Genesis Partners
Since 1996, Genesis Partners has been a leader in the Israeli venture capital industry, focusing on building relationships with entrepreneurs to create high-potential, innovation-driven companies. With over $600M under management, they have a track record of successful exits and invest primarily in exceptional teams.
What's next for Allot?
The recent major strategic investment in Allot Ltd. signals a pivotal phase for the company, likely enabling accelerated development of its security and network intelligence solutions. This capital infusion is expected to bolster its competitive edge in a rapidly evolving cybersecurity landscape, potentially funding expansion into new markets or enhancing its existing product portfolio. The company's focus on multi-tenant solutions and advanced services like DDoS protection positions it to capitalize on increasing demand for robust network security and management tools, particularly within the 5G ecosystem and enterprise sectors. Strategic partnerships and further technological innovation will be key to leveraging this investment for sustained growth and market leadership.
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