Secure access service edge startup Cato Networks raises $200M to scale up its cloud network

Funding Rounds

Summary

Cato’s cybersecurity layer, meanwhile, consists of a firewall for blocking unauthorized connections, a malware detection tool and various other related software components designed to prevent hackers. With them, enterprises are forced to configure individual components separately, he said, so they lack the consistent optimization and security policy enforcement for all traffic, all users and all locations that Cato provides. “For customers, Cato deploys faster, consistently delivers on a wide range of use cases and business requirements anywhere in the world, is self-maintaining and self-healing, and provides a great self-service interface for analytics and configuration,” Yovel said. One of them is the global business advisory, tax and assurance firm Baker Tilly International Ltd., which said Cato’s SASE platform has helped to transform the way it connects its employees and its network of offices around the world. “No more product-by-product configuration, updates and troubleshooting – just getting things done, quickly.” Yovel also highlighted Cato’s growth, saying remote user adoption grew sixfold over the last year, thanks in part to the coronavirus pandemic.

$ Funding

$
Amount $200.0M Total raised
Date October 19, 2021 Announcement date
Investors - Lead investors
Company http://www.catonetworks.com Funded company

Classifications

industries
No industries detected
applications
ERP & Process Management

AskAI Classifications

Labels
Network Security SaaS Cloud Security

Linked Companies

Cato Networks
$50M to $100M