Cato Networks Valued At $2.5 Billion, Raises Additional $200 Million To Accelerate Sase Adoption Among Large Enterprises

Oct 19, 2021•almost 4 years ago

Amount Raised

$200 Million

Tel Aviv

Description

Cato Networks, the provider of the world's first SASE platform, announced its largest funding round to date of $200M at a market valuation of $2.5 billion. The round was led by Lightspeed Venture Partners with the participation of existing investors Greylock, Aspect Ventures / Acrew Capital, Coatue, Singtel Innov8, and Shlomo Kramer. The new funds will fuel Cato's sales, technology, and business growth to further support the security and global networking needs of large enterprises.

Company Information

Company

Cato Networks

Location

Tel Aviv, Tel-Aviv District, Israel

About

Cato is the world's first SASE platform, converging SD-WAN, network security, and Zero Trust Network Access (ZTNA) into a global, cloud-native service. Cato optimizes and secures application access for all users and locations. Using Cato Cloud, customers easily migrate from MPLS to SD-WAN, optimize connectivity to on-premises and cloud applications, enable secure branch Internet access everywhere, seamlessly integrate cloud datacenters into the network, and connect mobile users with Cato SDP client and clientless access options. With Cato, the network, and your business, are ready for whatever's next. SOURCE Cato Networks

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