Cato Networks secures nabs $200M investments valued Valued at $2.5 bn
By MYBRANDBOOK
Cato Networks, the provider of the world's first SASE platform, announced its largest funding round to date of $200M at a market valuation of $2.5 billion. The new funds will fuel Cato's sales, technology, and business growth to further support the security and global networking needs of large enterprises.
Cato more than doubles its valuation in one year with largest funding round to date and the total financing reaches $532 million. Cato is at the forefront of SASE transformation," said Shlomo Kramer, CEO and co-founder of Cato Networks. "Large enterprises are deploying Cato as their global network to reap the operational and business benefits of Cato's proven and mature SASE platform.
Cato is rapidly expanding its service capabilities, global footprint, and sales and marketing teams, while preserving our unique DNA of agility, simplicity, and ease of doing business that is so valued by customers and partners."
Secure and optimized access to applications anytime and anywhere is at the heart of digital transformation. It has eluded customers and solution providers because secure optimized access crosses the boundaries of networking, security, and access - the three silos that dominate the legacy IT landscape.
Cato was built to break these silos and is the inspiration for the SASE category. The Cato SASE Cloud, built on the proprietary Cato SPACE technology, is the only proven and mature SASE platform that can holistically, quickly, and easily, deliver on the secure and optimized application access challenge. Only Cato can connect and secure all enterprise edges - sites, mobile users, and cloud resources - with one global cloud-native platform. This is the essence of a true SASE platform.
"Cato has seen an amazing adoption of its SASE platform by increasingly larger enterprises," said Yoni Cheifetz, a partner at Lightspeed Venture Partners. "What started as a disruptive innovation and a novel idea, is now a fast-growing business that is at the heart of enterprises' mission critical operations. We are delighted to partner with Cato and support its mission of delivering optimal and secure access to all users, locations, and applications – everywhere."
As the larger enterprises come new requirements. Some enterprises require greater scale, others deeper security inspection, and still others additional capabilities specific to their industry and business. The new funding will fuel that expansion, enabling Cato to continue leading in the converged remote access, networking, and network security market that is SASE.
"Cato pioneered SASE, creating the category before it existed," said Scott Raynovich, Founder and Chief Analyst at Futuriom, a research and analysis community focused on next-generation cloud technologies. "They saw the need early on for enterprises to deliver global, cloud-delivered networking and security. It's a vision that is now paying off with tremendous growth."
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
Cisco building a trusted and resilient future for the nation
Security is foundational to everything Cisco does and customers insist on e
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
NETWEB TECHNOLOGIES INDIA LTD.
TATA CONSULTANCY SERVICES
BHARAT ELECTRONICS LTD.
POLYCAB INDIA PVT. LTD
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Bhavish Aggarwal
Indian entrepreneur Bhavish Aggarwal is the CEO of Ola, India’s larg...
Icons Of India : B.V.R. Subrahmanyam
A 1987 batch (Chhattisgarh cadre) Indian Administrative Service Office...
ICONS OF INDIA : VINAY SINHA
Vinay Sinha is the Managing Director of Sales for the India Mega Regio...
PARTNER SPEAKERS
PSU
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
RailTel Corporation of India Limited
RailTel is a leading telecommunications infrastructure provider in Ind...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Satya Nadella, Chairman & CEO- Microsoft
Satya Nadella, the Chairman and CEO of Microsoft, recently emphasized ...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
