Cato Networks, a prominent Israeli company at the forefront of enterprise security, has announced the successful completion of its Series G funding round, raising a substantial $359 million. This latest investment propels Cato Networks’ valuation to an impressive more than $4.8 billion, bringing its total funding to over $1 billion.
The Series G round saw significant participation from new investors, including Vitruvian Partners and ION Crossover Partners. Existing investors, such as Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners, also reaffirmed their confidence in Cato Networks by contributing to this latest round.
“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.”
“Cato has spent the past decade building and optimizing the next generation of cybersecurity, and we are proud to partner with them as they continue to raise the bar for AI-driven security and networking,” said Vitruvian Partners. “The company’s visionary leadership, best-in-class growth and retention rates, and relentless focus on innovation and customer experience are what led us to invest in Cato. We look forward to supporting Cato’s next phase of growth as they expand their market reach and transform how enterprises connect and secure their digital businesses and use of AI.”
This significant financial milestone underscores Cato Networks’ unwavering mission to redefine enterprise security for the complex demands of the digital and artificial intelligence (AI) era. The company has established itself as a leader in pioneering Secure Access Service Edge (SASE) solutions and continues to drive innovation in AI-powered security. The fresh capital will further fuel Cato Networks’ efforts to enhance its offerings and solidify its position in the rapidly evolving cybersecurity landscape.
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