Amount Raised
$238 Million
Round Type
Venture
Tel AvivSoftwareNetwork SecurityInvestors
Description
Cato Networks, provider of the world's leading single-vendor SASE platform, announced that it raised $238M in equity investment, bringing total funding to $773M. The largest financing round to date was led by LightSpeed Venture Partners with the participation of Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital, and Singtel Innov8. The round comes just weeks after adding Carlsberg as a major enterprise customer, Cato's recognition as a ZTE/SASE Leader by Forrester Research, and as a Challenger in Gartner's Magic Quadrant for Single-vendor SASE. This up-round's valuation underscores investor confidence in Cato's massive market opportunity and its SASE platform's disruptive and transformative power.
Quick answer
Cato Networks raised $238 Million in a funding round, dated September 19, 2023. Investors: Ravi Mhatre, Forrester Research, Carlsberg, Singtel Innov8, Sixty Degree Capital, Softbank Vision Fund 2, Adams Street Partners and Light Speed Venture Partners. Cato Networks is based in Tel Aviv, Tel Aviv District, Israel.
- How much did Cato Networks raise?
- Cato Networks raised $238 Million in a funding round on September 19, 2023.
- Who invested in Cato Networks?
- Ravi Mhatre, Forrester Research, Carlsberg, Singtel Innov8, Sixty Degree Capital, Softbank Vision Fund 2, Adams Street Partners and Light Speed Venture Partners are named as investors in this round.
- What does Cato Networks do?
- Cato provides a world-leading single-vendor SASE platform.
- Where is Cato Networks based and how big is it?
- Cato Networks is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 1,377 employees.
- Who are the decision-makers at Cato Networks?
- Fundz holds 2 contacts at Cato Networks. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Network Security and Software around the same time
Companies in the same sectors as Cato Networks that raised within 45 days of this round, from Fundz verified event records.
- Tidal Cyber raised $3M (Seed) on November 3, 2023.
- Cursor raised $8M (Funding Round) on October 11, 2023.
- Dragos raised $74M (Series D) on September 18, 2023.
- SpyCloud raised $110M (Funding Round) on August 24, 2023.
- SpyCloud raised $35M on August 16, 2023.
- Peerlogic Technologies raised $4M (Seed) on November 3, 2023.
Who to call at Cato Networks, and when
A new round usually means Cato Networks is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cato Networks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cato Networks, from your own LinkedIn network
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Related People
Cato Networks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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