Cato Networks has secured a $359 million Series G funding round, valuing the company at over $4.8 billion, with plans to enhance its AI security features. The company has raised more than $1 billion overall and serves over 3,500 customers with its comprehensive SASE platform. #CatoNetworks #SeriesGFunding
Keypoints
- Cato Networks announced a $359 million funding round led by new and existing investors.
- The company’s platform offers multiple security features including SWG, CASB, DLP, ZTNA, FWaaS, and RBI.
- The funds will be used to expand AI security capabilities and accelerate platform innovation.
- Cato Networks has raised over $1 billion since its founding in 2015.
- The SASE market is projected to grow at a CAGR of 26%, reaching $28.5 billion by 2028.
Read More: https://www.securityweek.com/cato-networks-raises-359-million-to-expand-sase-business/