Cato Networks
Cloud-native SASE platform — $250M ARR, $4.8B valuation, Israel's IPO-candidate cybersecurity champion
cybersecurity
📍 Tel Aviv
Founded 2015
Current Valuation
$4.8B
as of 2025-Q2
UNICORN
Cato Networks pioneered the SASE category — a cloud-native convergence of SD-WAN, secure web gateway, ZTNA, and firewall-as-a-service delivered as a single global backbone. Founded by Shlomo Kramer (also co-founder of Check Point and Imperva), the company hit $250M ARR by end-2024 and raised a $359M Series G in June 2025 at a $4.8B valuation. One-third of the round was earmarked for employee tender. An IPO remains on the table but is not imminent.
Company Profile
Est. Revenue
$250M (2024 (ARR))
Growth
ARR reached $250M end-2024
Last Round
Series G — $359M (Jun 2025) · Lead: Vitruvian Partners
Founders & Key People
Shlomo KramerGur Shatz
Investors
Vitruvian Partners · ION Crossover Partners · Lightspeed Venture Partners · Sequoia Capital · Greylock · Acrew Capital · Singtel Innov8 · Coatue
Products
- Cato SASE Cloud
- Cato SSE 360
- Cato SD-WAN
- Cato SWG / CASB / ZTNA
- Cato XDR
Competitors
Zscaler · Palo Alto Networks (Prisma) · Netskope · Cloudflare · Cisco (Meraki/Umbrella) · Fortinet
CybersecuritySASEIsraelNetworking
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.