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Cato Networks Raises $359 Million at a $4.8 Billion Valuation

Cato Networks is a cybersecurity company offering a cloud-native SASE platform that combines networking and security into one unified service. Trusted by over 3,500 enterprises, its platform enables organizations to securely connect people, sites, and cloud infrastructure from anywhere in the world.

Cato Networks has raised $359 million in a Series G funding round, boosting its valuation to over $4.8 billion. The round was co-led by Vitruvian Partners and ION Crossover Partners, with continued backing from Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners. This brings Cato’s total funding to over $1 billion.

Cato Networks, headquartered in Tel Aviv, Israel, was founded in 2015 by Gur Shatz and Shlomo Kramer. In 2020, the company joined the unicorn club. “With more than 3,500 enterprise customers, consistent hyper-growth, and repetitive and scalable wins against all leading competitors, Cato is a proven and mature business to invest in,” said Shlomo Kramer, co-founder and CEO at Cato Networks. “Our true SASE platform and decade of AI innovation differentiates Cato from legacy vendors that favor a portfolio of point solutions. Customers and partners understand the difference and select Cato to benefit from proven security, operational efficiency, and business agility.”

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