Evaluating only Odo Security’s profile at its peak — without knowing the outcome — the model ranked Competition as the #1 likely cause. Documented cause: Market timing.
Key Events Timeline
FOUNDING
Roi Ravhon and Gal Singer founded Odo Security in Tel Aviv to replace VPNs with zero-trust app-level access.
FUNDING
Raised $10M across Seed and Series A; platform supported SSH, RDP, Kubernetes, and internal HTTP apps.
ACQUISITION ATTEMPT
Perimeter81 acquired Odo Security in March 2020; deal estimated under $20M to fast-track ZTNA product development.
SHUTDOWN
Odo Security brand retired by Q3 2020; technology absorbed into Perimeter81 Zero Trust Application Access module.
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Documented cause
Odo Security, founded in Tel Aviv in 2018 by Roi Ravhon and Gal Singer, built a zero-trust application access platform targeting SSH, RDP, and internal web application secure access without VPN. The company raised $10M in Seed and Series A funding. Perimeter81 acquired Odo Security in March 2020 for an undisclosed sum estimated under $20M to accelerate its Zero Trust Network Access roadmap. The Odo product was absorbed into Perimeter81's platform and the brand discontinued within six months.
Lesson
“ZTNA point solutions get consolidated fast; land enterprise anchors before SASE platforms bundle your feature.”
Failure anatomy
Collapse type
Acqui-hire
📉 MEDIUM
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