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New Deal


Announced

Completed

Lightspeed Venture led a $200m funding round in Cato Networks.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Minority

Friendly

Completed

Private Equity

Software

cybersecurity

enterprise networking

Israel

Venture Capital

Acquisition

Cross Border

Synopsis

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Lightspeed Venture, a venture capital firm, led a $200m funding round in Cato Networks, an Israeli secure access service company. Additional investors include Greylock, Aspect Ventures, Coatue, Singtel Innov8 and Shlomo Kramer. “Cato is at the forefront of SASE transformation. 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," Shlomo Kramer, Cato Networks CEO and Co-Founder.

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