Cato Networks Raises Additional $200M; Valued at $2.5 Billion

Funding Rounds

▤ Summary

Cato Networks, a Tel Aviv, Israel-based provider of a Secure Access Service Edge (SASE) platform, raised $200M in additional funding at a valuation of $2.5 billion. The company intends to use the new funds to accelerate sales, technology, and business growth to further support the security and global networking needs of large enterprises. The solution optimizes and secures application access for all users and locations. Using Cato Cloud, customers migrate from MPLS to SD-WAN, optimize connectivity to on-premises and cloud applications, enable secure branch Internet access everywhere, integrate cloud datacenters into the network, and connect mobile users with Cato SDP client and clientless access options. The Cato SASE Cloud, built on the proprietary Cato SPACE technology, is a SASE platform that can connect and secure all enterprise edges — sites, mobile users, and cloud resources — with one global cloud-native platform.

$ Funding

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Amount $200.0M Total raised
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Date October 19, 2021 Announcement date
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Investors - Lead investors
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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