Cato Networks, a Tel Aviv, Israel-based AI-powered SASE platform provider, has raised $359 million in a Series G funding round at a valuation of over $4.8 billion.
Investors
The round was led by Vitruvian Partners and ION Crossover Partners, with participation from Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners.
Vitruvian Partners is a global private equity firm founded in 2006 and headquartered in London, with offices across Europe, the US, and Asia. The firm specializes in growth buyouts and growth capital investments. With over €10 billion in assets under management, it invests across technology, healthcare, financial services, internet, and consumer industries sectors.
ION Crossover Partners (ICP) is a growth‑equity fund under ION Asset Management, founded in 2018 in Herzliya, Israel. They invest in late-stage tech companies, primarily Israeli-founded firms with global potential, helping them scale toward IPO or acquisition.
Cato Networks Use of Funds
The company will use the funds to enhance its AI security capabilities, accelerate platform innovation, and expand global operations across its customer and partner ecosystem.
About Cato Networks
Founded by Shlomo Kramer and Gur Shatz, Cato Networks unifies enterprise networking and security into a single cloud-native platform. Its AI-powered SASE cloud platform offers capabilities across SD-WAN, SSE, ZTNA, XDR, LAN security, and more, empowering IT and security leaders with real-time visibility, automation, and control. Headquartered in Tel Aviv, Israel, Cato Networks serves over 3,500 enterprise customers. Its mission is to redefine enterprise security for the digital and AI era.
Funding Details
Company: Cato Networks
Raised: $359.0M
Round: Series G
Funding Date: June 2025
Lead Investors: Vitruvian Partners, ION Crossover Partners
Additional Investors: Lightspeed Venture Partners, Acrew Capital, Adams Street Partners
Company Website: https://www.catonetworks.com/
Software Category: SASE / Cybersecurity / Networking / AI Security
Source: https://www.catonetworks.com/news/cato-raises-359-million/