Cato Networks Raises $238 Million in Funding to Expand Cybersecurity Offering

Cato Networks, the Tel Aviv-based startup that packages software-defined networking, managed cybersecurity and global backbone services into a single offering, today announced that it raised $238 million in an equity investment that values the company at over $3 billion. LightSpeed Venture Partners led the round with participation from Adams Street Partners, Softbank Vision Fund 2, […],

Cato Networks Raises $238 Million in Funding to Expand Cybersecurity Offering

Cato Networks, a Tel Aviv-based startup, has just secured $238 million in an equity investment, bringing the company’s valuation to over $3 billion. This funding was led by LightSpeed Venture Partners, with participation from Adams Street Partners, Softbank Vision Fund 2, and others.

A Comprehensive Solution for Networking and Cybersecurity

Cato Networks offers a unique solution that combines software-defined networking, managed cybersecurity, and global backbone services into a single package. This all-in-one offering simplifies the management and security of networks for businesses.

Meeting Growing Demand for Cybersecurity

With the threat landscape constantly evolving, businesses require robust cybersecurity measures to protect their sensitive data and digital assets. Cato Networks addresses this need by providing a comprehensive solution that ensures network security without compromising performance.

Fueling Expansion and Innovation

The recent funding round will enable Cato Networks to further expand and enhance its cybersecurity offering. With cybersecurity being a top priority for organizations worldwide, Cato Networks is well-positioned to capitalize on the growing demand and continue driving innovation in the field.

References: TechCrunch

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