Allot Business Summary

Allot Ltd. (ALLT) is a global provider of network intelligence and security-as-a-service (SECaaS) solutions, primarily serving Tier-1 communication service providers (CSPs) and large enterprises. The company generates revenue through a dual-model approach: a legacy hardware and licensing segment focused on traffic management and analytics, and a rapidly expanding SECaaS subscription model that provides recurring revenue. As of early 2026, SECaaS has become Allot's primary growth engine, contributing approximately 30% of total revenue with a 60% year-over-year increase in annual recurring revenue (ARR). Allot competes directly with network security and optimization firms such as A10 Networks, Radware, and Cloudflare. While legacy players like Check Point Software maintain broader enterprise footprints, Allot distinguishes itself through its network-native integration within carrier infrastructures, enabling seamless, agentless security for millions of mobile and fixed-line subscribers. Founded in 1996 by Michael Shurman and Yigal Jacoby, Allot is currently led by CEO and President Eyal Harari, who joined in 2024 after serving as CEO of Radcom. The executive team includes CFO Liat Nahum, a veteran of Amdocs and Taboola, and CTO Yaakov Stein, a PhD in Theoretical Physics and recognized expert in digital signal processing. The company's strategic direction is overseen by Chairman David Reis, former CEO of Stratasys. Notable institutional backing includes Lynrock Lake LP, whose CEO Cynthia Paul serves on the board, alongside other significant shareholders such as QVT Financial and Kanen Wealth Management. This leadership group is focused on completing the company's transition from a capital-expenditure-heavy hardware vendor to a high-margin, security-centric software provider.