Venture Capital

Cato Networks Valued At Over $1 Billion, Raises $130M To Extend Sase Market Leadership

by posted 8months ago 44 views
The funding round is the largest to date, bringing total financing to $332 million. Unicorn valuation demonstrates leadership of SASE market, a key pillar of the post COVID-19 IT stack. TEL AVIV, Israel, November 17, 2020-- Cato Networks, the provider of the world's first SASE platform, announced its largest funding round to date of $130M. The round was led by Lightspeed Venture Partners with participation of a new investor, Coatue, and existing investors, Greylock, Aspect Ventures / Acrew Capital, Singtel Innov8, and Shlomo Kramer.

In this article