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Cato Networks

Cloud-native SASE platform — $250M ARR, $4.8B valuation, Israel's IPO-candidate cybersecurity champion
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.
cybersecurity 📍 Tel Aviv Founded 2015
Current Valuation
$4.8B
as of 2025-Q2
UNICORN

QL Price

$4.8B
0% vs last round
QuantLogix's current estimate for Cato Networks, published 2026-10-08 — in line with the last disclosed round of $4.8B (2025-Q2).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $4.8B 2025-Q2 weight 0.41
Secondary market print $4.8B 2026-06-27 weight 0.54
How this price has held up
No round has priced for Cato Networks since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-08 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Cato Networks →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Cato Networks, 2026-10-08 (ffd0f773bfa514db). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookrumored

Is Cato Networks going public in 2026?
An IPO is rumored for 2026, with nothing filed. Cato Networks remains private and the date is not the company's.
What is Cato Networks' valuation in 2026?
Cato Networks is valued at $4.8B as of 2025-Q2, set by its Series G ($359M, Jun 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Cato Networks filed an S-1?
No public S-1 is on file for Cato Networks as of 10/08/2026; the IPO is rumored.
Who are Cato Networks' investors?
Cato Networks' investors include Vitruvian Partners, ION Crossover Partners, Lightspeed Venture Partners, Sequoia Capital, Greylock, Acrew Capital and 2 more.
How much has Cato Networks raised?
Cato Networks has raised $1.1B in total, most recently a Series G of $359M in Jun 2025.
Is Cato Networks publicly traded — can you buy Cato Networks stock?
No. Cato Networks is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Cato Networks on its Pre-IPO Access Desk.
How to actually get exposure to Cato Networks →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Shlomo Kramer
Founded
2015
HQ
Tel Aviv
Employees
1000+
Total Raised
$1.1B
Est. Revenue
$250M (2024 (ARR))
Growth
ARR reached $250M end-2024
Last Round
Series G — $359M (Jun 2025) · Lead: Vitruvian Partners
IPO Status
rumored

Fundraising Status

Series G · $359M · 1y 4mo ago
rumoredTotal raised $1.1B

Secondary Market

Implied price / share
$43.08
Open interest
2
Secondary price return by period
Secondary market period returns3-month-2.5%6-month-13.8%1-year+19.7%All-time+87.3%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series G$359MJun 2025Vitruvian Partners—

Talent Signal

Hiring trend
▼ Hiring downtrend
-12% vs 2026-08
Open roles
106
via greenhouse
Product-build share
50%
engineering, research, product, design
Trajectory
tightening
product-led hiring — 50% of open roles build product; the rest are go-to-market and G&A.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month120Aug '26106Sep '26
Open roles by function
Open roles by functionSales & GTM31Engineering28Security12Other10Ops & People5Marketing5Data & ML4Research4Product4
■ product-building   ■ go-to-market / G&A
Agentic AI Engineer Agentic AI Engineer - Product SupportAI Security - AI Platform Team LeadAI Security - Applied AI ResearcherAI Security Field CTOAI Security - Senior Software Engineer
Counted from Cato Networks's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

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.