# Cato Networks

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Cato_Networks
> Markdown URL: https://mediated.wiki/source/Cato_Networks.md
> Source: https://en.wikipedia.org/wiki/Cato_Networks
> Source revision: 1357102876
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

{{Short description|Israeli network security company}}
{{Use mdy dates|date=March 2022}}
{{Infobox company
| name             = Cato Networks Ltd.
| logo             = Cato_Networks_company_logo.png
| logo_size        = 150px
| type             = [Private](/source/Privately_held_company)
| traded_as        = 
| ISIN             = 
| founded          = {{start date and age|2015}}
| founders         = [Shlomo Kramer](/source/Shlomo_Kramer)<br/>Gur Shatz
| location         = [Tel Aviv, Israel](/source/Tel_Aviv%2C_Israel)
| key_people       = Shlomo Kramer, CEO<ref name="fierce1">{{cite news|url= https://www.fiercetelecom.com/telecom/industry-voices-chua-cato-networks-goes-from-dark-horse-to-1b-unicorn |title=Industry Voices—Chua: Cato Networks goes from dark horse to $1B unicorn|website=Fierce Telecom |date=November 17, 2020 |access-date=March 16, 2022}}</ref>
| industry         = Computer networking
| subsidiaries     = 
| products         = Secure Access Service Edge
| production       = 
| revenue          = 
| operating_income = 
| net_income       = 
| assets           = 
| equity           = 
| num_employees    = 1100 (2024)
| website          = {{URL|https://catonetworks.com}}
}}

'''Cato Networks Ltd.''' is a [Tel Aviv, Israel](/source/Tel_Aviv%2C_Israel)-based network security company that develops [Secure Access Service Edge](/source/Secure_access_service_edge) (SASE) technology, which combines enterprise communication and security capabilities into a single cloud-based platform.<ref name="fierce1"/> The company was founded in 2015.<ref name="fortune1">{{cite news|url=https://fortune.com/2016/02/10/check-point-co-founder-cybersecurity-startup/|title=Can Check Point Founder Strike Again? |website=Fortune |date=February 10, 2016 |access-date=March 16, 2022}}</ref> After an October 2021 funding round, the company was a [tech unicorn](/source/unicorn_(finance)) valued at $2.5 billion.<ref name="ctech1">{{cite news|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3920555,00.html |title=Shlomo Kramer's Cato Networks hits $2.5 billion valuation in $200 million round|website=CTech |date=October 19, 2021 |access-date=March 16, 2022}}</ref>

==History==
Cato Networks was founded in 2015 in Tel Aviv, Israel, by [Shlomo Kramer](/source/Shlomo_Kramer), co-founder of [Checkpoint](/source/Check_Point) and [Imperva](/source/Imperva), and Gur Shatz, a co-founder of networking company [Incapsula](/source/Incapsula).<ref name="fortune1"/><ref name="eweek1">{{cite news|url=https://www.eweek.com/security/cato-networks-cloud-security-as-a-service-platform-debuts/|title=Cato Networks' Cloud Security-as-a-Service Platform Debuts |website=eWeek |date=February 9, 2016 |access-date=March 16, 2022}}</ref> Cato was initially funded with a $20 million Series A from [U.S. Venture Partners](/source/U.S._Venture_Partners) and Aspect Ventures.<ref name="network1">{{cite news|url= https://www.networkworld.com/article/3034925/cato-networks-puts-network-security-in-the-cloud.html|title=Cato Networks puts network security in the cloud |website=Network World |date=February 18, 2016 |access-date=March 16, 2022}}</ref> Kramer became CEO, and Shatz became president and COO.<ref name="fierce1"/> It secured a Series B round of $50 million in September.<ref name="fierce1"/> The company officially launched in February 2016.<ref name="network3">{{cite news|url= https://www.networkworld.com/article/3091044/cato-networks-offers-a-new-model-for-network-security-as-a-service.html|title=Cato Networks offers a new model for network security as a service |website=Network World |date=July 1, 2016 |access-date=March 16, 2022}}</ref> Its first products were designed to protect customers' [wide area network](/source/wide_area_network) (WAN) connections and mobile devices with next-generation firewalling, URL filtering, application control, VPN access, and more services.<ref name="network1" />

In June 2018, the company added threat hunting capabilities to its networking service.<ref name="network2">{{cite news|url= https://www.networkworld.com/article/3276319/cato-networks-adds-threat-hunting-to-its-network-as-a-service.html|title=Cato Networks adds threat hunting to its Network as a Service |website=Network World |date=June 4, 2018 |access-date=March 16, 2022}}</ref> In 2019, the company secured a $55 million Series C funding round.<ref name="crn1">{{cite news|url= https://www.crn.com/news/networking/cato-networks-takes-aim-at-cisco-palo-alto-networks-for-sase-dominance-with-200m-funding-round|title=Cato Networks Takes Aim At Cisco, Palo Alto Networks For SASE Dominance With $200M Funding Round |website=CRN |date=October 19, 2021 |access-date=March 16, 2022}}</ref> In April 2020, the company raised $77 million in a Series D.<ref name="fierce1" /> In November, the company announced a $130 million Series E funding round, led by return investors [Lightspeed Partners](/source/Lightspeed_Venture_Partners), with participation from [Greylock Partners](/source/Greylock_Partners), U.S. Venture Partners, [Aspect Capital](/source/Aspect_Capital), Singaporean fund [Singtel](/source/Singtel)'s subsidiary Innov8, and hedge fund [Coatue Management](/source/Coatue_Management).<ref name="haaretz1">{{cite news|url= https://www.haaretz.com/israel-news/tech-news/2020-11-17/ty-article/.premium/another-israeli-unicorn-is-born-cyber-company-cato-networks-raises-130-million/0000017f-e1da-d804-ad7f-f1fa0abf0000 |title=Another Israeli Unicorn Is Born: Cyber Company Cato Networks Raises $130 Million |website=Haaretz |date=November 17, 2020 |access-date=March 16, 2022}}{{subscription required|date=February 2022}}</ref> The investment reportedly valued the company at over $1 billion, making it a tech unicorn.<ref name="haaretz1" />

In June 2021, the company launched a new version of its [managed detection and response](/source/managed_detection_and_response) (MDR) platform, used to detect security threats on its network.<ref name="sdx2">{{cite news|url=https://www.sdxcentral.com/articles/news/cato-pushes-mdr-into-sase-play/2021/06/ |title=Cato Pushes MDR Into SASE Play|website=SDX Central |date=June 22, 2021 |access-date=March 17, 2022}}</ref> In October, the company announced it had raised $200 million at a $2.5 billion valuation.<ref name="crn1" />  The round was led by Lightspeed Venture Partners with the participation of existing investors Greylock, Acrew Capital, Coatue, Singtel Innov8, and CEO Kramer.<ref name="crn1" /> In February 2022, the company added [cloud access security broker](/source/cloud_access_security_broker) (CASB) capabilities to protect cloud applications.<ref name="light2">{{cite news|url=https://www.lightreading.com/security/cato-clips-in-casb-security-to-sase-service/d/d-id/775001 |title=Cato clips in CASB security to SASE service|website=Light Reading|date=February 2, 2022 |access-date=March 16, 2022}}</ref>

In September 2025, Cato Networks announced its first-ever [M&A](/source/Mergers_and_acquisitions) deal with the acquisition of Aim Security, an AI security startup based in Israel, in order to expand into the rapidly growing AI security segment.<ref>{{Cite news |last=Lennon |first=Mike |title=Cato Networks Acquires AI Security Firm Aim Security |url=https://www.securityweek.com/cato-networks-acquires-ai-security-firm-aim-security/ |website=SecurityWeek |date=2025-09-03 |access-date=2025-09-03}}</ref><ref>{{Cite news |last=Alspach |first=Kyle |title=Cato Networks Expands Into AI Security With First-Ever Startup Acquisition |url=https://www.crn.com/news/security/2025/cato-networks-expands-into-ai-security-with-first-ever-startup-acquisition |website=CRN |date=2025-09-03 |access-date=2025-09-03}}</ref> Included in this announcement were two other recent developments: that it had crossed the $300 million [Annual Recurring Revenue](/source/Revenue_stream) (ARR) threshold; and that it had raised another $50 million in its Series G round, bringing the total to $409 million at an estimated valuation of over $4.8 billion.<ref>{{Cite news |last=Scheer |first=Steven |title=Israel's Cato Networks buys Aim Security, raises another $50 million |url=https://www.reuters.com/world/middle-east/israels-cato-networks-buys-aim-security-raises-another-50-million-2025-09-03/ |website=Reuters |date=2025-09-03 |access-date=2025-09-03}}</ref>

==Products==
Cato Networks develops a Secure Access Service Edge (SASE) platform, which combines [SD-WAN](/source/SD-WAN), managed security service and global backbone services into a cloud-based service offering.<ref name="sdx1">{{cite news|url= https://www.sdxcentral.com/articles/news/cato-claims-unicorn-status-in-wake-of-130m-funding-round/2020/11/ |title=Cato Claims Unicorn Status in Wake of $130M Funding Round|website=SDX Central |date=November 17, 2020 |access-date=March 17, 2022}}</ref> Its products are designed to help IT staff manage network security for distributed workforces accessing resources across the [wide area networks](/source/wide_area_networks) (WANs), cloud and Internet that connects them.<ref name="sdx1"/><ref name="tech1">{{cite news|url=https://techcrunch.com/2020/11/17/cato-network-snags-130m-series-e-on-1b-valuation-as-cloud-wide-area-networking-thrives/ |title=Cato Network snags $130M Series E on $1B valuation as cloud wide area networking thrives|website=TechCrunch |date=November 17, 2020 |access-date=March 17, 2022}}</ref>  The company's Cato SASE Cloud platform supports more than 73 points of presence in over 150 countries.<ref name="light1">{{cite news|url=https://www.lightreading.com/sd-wan/as-cato-plans-for-ipo-company-to-grow-headcount-by-40/d/d-id/775511 |title=As Cato plans for IPO, company to grow headcount by 40%|website=Light Reading|date=February 23, 2022 |access-date=March 17, 2022}}</ref>

==References==
{{Reflist}}

==External links==
* {{Official website|https://catonetworks.com/}}

Category:Computer security companies
Category:Computer security software companies
Category:Software companies established in 2015
Category:Israeli brands
Category:Software companies of Israel
Category:Companies based in Tel Aviv
Category:2015 establishments in Israel

---
Adapted from the Wikipedia article [Cato Networks](https://en.wikipedia.org/wiki/Cato_Networks) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Cato_Networks?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.