Cato Networks Raises $359 Million at a Valuation of More Than $4.8 Billion

Cato Networks United States of America Israel United Kingdom

is architected from the ground up to be self-maintaining and autonomously scalable for enterprises.

A Strategic Inflection Point: AI-Powered SASE Platform

With the additional funds, Cato will continue to challenge the industry's perception of SASE and AI security, expand to additional use cases, and increase the total addressable market (TAM) of the company. To do that, Cato will:

Advance AI Security: Expand capabilities that enable enterprises to adopt AI across the business in a secure and controlled manner.Accelerate Platform Innovation: Increase investment in research and development (R&D) to expand capabilities across DEM, LAN Security, IoT/OT Security, SD-WAN, SSE, XDR, and ZTNA—all natively converged in a single, cloud-native platform.Expand Global Reach: Grow Cato's partner ecosystem and customer-facing teams to meet surging global demand.

Cato's approach to AI goes beyond automation. Cato empowers IT and security professionals—CIOs, CISOs, network architects, and security analysts—to move faster, make smarter decisions, and focus on initiatives that move the business forward.

"With Cato, AI handles the noise so our customers can focus on strategy," Kramer added. "We're embedding AI into the DNA of infrastructure itself. Routine tasks are automated. Response workflows are accelerated. Risk management decisions are guided by actionable live data, not outdated reports. This isn't about tools—it's about a new operating model that is efficient, resilient, and optimized."

Supporting the True Cause of IT and Security

Cato's business momentum is driven by a growing mandate across IT and security leadership: simplify infrastructure, unify policy, and embed security and AI into the digital business. Whereas legacy vendors offer bundles of point solutions, Cato delivers a single, cloud-native platform that scales with the enterprise and dynamically adapts to constant change.

Cato's trajectory in the SASE market reflects more than just product market fit. It signals leadership in a category undergoing rapid expansion. Gartner® projects the SASE market will grow at a compound annual growth rate (CAGR) of 26%, reaching $28.5 billion by 2028. By comparison, Cato recently reported 46% year-over-year (YoY) growth in annual recurring revenue (ARR) for 2024, significantly outpacing the SASE market and reinforcing its position as the SASE leader.

Resources

For more information about the Cato SASE Cloud Platform, visit the product page.For more information about Cato's customers and partners, visit the customer page and partner page.

Gartner Disclaimer

Gartner, Forecast Analysis: Secure Access Service Edge, Worldwide, Charanpal Bhogal, Charlie Winckless, Neil MacDonald, Andrew Lerner, John Watts, Shailendra Upadhyay, Christian Canales, Marissa Schmidt, Jonathan Forest, 5 February 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Cato Networks

Cato Networks delivers enterprise security and networking in a single cloud platform. The SASE leader creates a seamless and elegant customer experience that effortlessly enables threat prevention, data protection, and timely incident detection and response. With Cato, organizations replace costly and rigid legacy infrastructure with an open and modular SASE architecture based on SD-WAN, a purpose-built global cloud network, and an embedded cloud-native security stack.

Want to learn why thousands of organizations secure their future with Cato? Visit us at www.catonetworks.com.

Photo - https://mma.prnewswire.com/media/2721481/Shlomo_Kramer.jpg

View original content:https://www.prnewswire.co.uk/news-releases/cato-networks-raises-359-million-at-a-valuation-of-more-than-4-8-billion-302494248.html