What is Allot?
Headquartered in Hod Hasharon, Israel, Allot Ltd. operates as a critical player in the network intelligence and security sector. The company specializes in developing and marketing comprehensive solutions that empower service providers and enterprises to secure their digital infrastructure. Its product suite, including the Allot Secure Management platform, provides essential capabilities such as DDoS mitigation, IoT security, and regulatory compliance tools. By leveraging direct sales channels, distributors, and system integrators, Allot maintains a global presence, serving a diverse clientele that spans telecommunications carriers, financial institutions, and government entities. The firm's focus on high-performance, scalable security architectures positions it as a vital partner for organizations navigating the complexities of modern network threats.
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 Gemini, Tamir Fishman Ventures, and Partech Ventures
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 that specializes in a long-term, fundamentally-driven, value-oriented strategy focusing on corporate credit and equities.
Partech Ventures
Partech is a global investment firm that brings together capital, operational experience, and strategic support for entrepreneurs at seed, venture, and growth stages across multiple continents.
Genesis Partners
Genesis Partners is a prominent Israeli venture capital firm that focuses on building high-potential, innovation-driven companies by partnering with exceptional entrepreneurial teams.
What's next for Allot?
Looking ahead, the infusion of capital from the recent strategic investment is expected to accelerate Allot's innovation roadmap, particularly in the realms of 5G protection and cloud-native security. As the demand for robust, automated threat detection continues to rise, Allot is well-positioned to leverage its deep industry expertise to capture additional market share. The company's strategic focus will likely remain on enhancing its multi-tenant offerings and deepening its integration with global service provider networks, ensuring that it remains at the forefront of the evolving cybersecurity landscape. By maintaining its disciplined approach to product development and market expansion, Allot is poised to sustain its growth trajectory and deliver long-term value to its stakeholders.
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